(PanamaPetro) Panama Petro complete technical analysis [charts+indicators] | Buy/Sell Panama Petro | (PanamaPetro) share price targets
Complete technical analysis of Panama Petro (PanamaPetro) by charts plus indicators, forecast predictions and share price targets for Panama Petro (PanamaPetro)
Showing technical analysis as on 2024-10-16 View latest technical analysis
10 day averaged volume of Panama Petro is 4615
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 393.35 | 387.20 | 398.50 | 387.20 | 1.069 times |
| 15 Tue Oct 2024 | 395.10 | 393.15 | 397.25 | 388.10 | 0.398 times |
| 14 Mon Oct 2024 | 395.30 | 393.10 | 402.35 | 393.00 | 0.459 times |
| 11 Fri Oct 2024 | 396.35 | 404.90 | 404.90 | 393.75 | 0.269 times |
| 10 Thu Oct 2024 | 400.80 | 397.35 | 404.60 | 394.60 | 0.706 times |
| 09 Wed Oct 2024 | 397.05 | 398.00 | 408.00 | 395.05 | 0.658 times |
| 08 Tue Oct 2024 | 396.55 | 388.80 | 408.10 | 381.20 | 0.616 times |
| 07 Mon Oct 2024 | 381.30 | 383.00 | 399.90 | 375.25 | 1.627 times |
| 03 Thu Oct 2024 | 393.50 | 386.60 | 401.60 | 383.80 | 2.536 times |
| 01 Tue Oct 2024 | 398.85 | 389.55 | 409.00 | 389.55 | 2.355 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 391.2 as stoploss in an intra day buy trade for a target of 395.86. However, stock will show a bearish move below 391.2.
Share price targets for Panama Petro (PanamaPetro)
| Target Type | Value |
| Downside Target | 290.60 |
| Downside Target | 375.25 |
| Upside Target | 402.35 |
| Upside Target | 409.00 |
| Upside Target | 409.80 |
| Upside Target | 418.85 |
| Upside Target | 423.90 |
| Upside Target | 428.95 |
| Upside Target | 429.90 |
| Upside Target | 452.45 |
Intraday share price targets for Panama Petro (PanamaPetro)
| Target Type | Value |
| Downside Intraday Target | 386.25 |
| Downside Intraday Target | 379.15 |
| Upside Intraday Target | 401.4 |
| Upside Intraday Target | 409.45 |
| Upside Intraday Target | 394.3 |
Weekly technical analysis of Panama Petro (PanamaPetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 393.35 | 393.10 | 402.35 | 387.20 | 0.497 times |
| 11 Fri Oct 2024 | 396.35 | 383.00 | 408.10 | 375.25 | 0.736 times |
| 03 Thu Oct 2024 | 393.50 | 401.15 | 409.00 | 383.80 | 0.719 times |
| 27 Fri Sep 2024 | 393.25 | 409.80 | 409.80 | 384.45 | 1.276 times |
| 20 Fri Sep 2024 | 400.10 | 414.75 | 418.85 | 389.00 | 0.657 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Panama Petro (PanamaPetro)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 393.35 | 389.55 | 409.00 | 375.25 | 0.35 times |
| 30 Mon Sep 2024 | 387.25 | 423.90 | 423.90 | 384.45 | 0.509 times |
| 30 Fri Aug 2024 | 415.20 | 415.30 | 429.90 | 382.00 | 0.554 times |
| 31 Wed Jul 2024 | 413.30 | 394.30 | 452.45 | 383.65 | 1.055 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Panama Petro (PanamaPetro)
Price action analysis of Panama Petro ( (PanamaPetro) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Panama Petro ( (PanamaPetro) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Panama Petro ( (PanamaPetro) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Panama Petro ( (PanamaPetro) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Panama Petro stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Panama Petro in short term but the buy signal is initial and weak.
Panama Petro Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Panama Petro in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Panama Petro is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 393.89 and Panama Petro (PanamaPetro) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Panama Petro (PanamaPetro) stock. Volume based technical analysis of Panama Petro (PanamaPetro) stock is negative.
Panama Petro Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Panama Petro ( (PanamaPetro) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Panama Petro ( (PanamaPetro) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Panama Petro ( (PanamaPetro) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Panama Petro ( (PanamaPetro) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Panama Petro stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Panama Petro in short term but the buy signal is initial and weak.
Panama Petro Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Panama Petro in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Panama Petro is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 393.89 and Panama Petro (PanamaPetro) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Panama Petro (PanamaPetro) stock. Volume based technical analysis of Panama Petro (PanamaPetro) stock is negative.
Panama Petro Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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