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(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 2025-01-29 View latest technical analysis

10 day averaged volume of Panama Petro is 1622

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	348.45	336.30	350.40	336.30	0.303 times
28 Tue Jan 2025	334.65	337.55	339.60	326.35	2.837 times
27 Mon Jan 2025	342.40	352.90	352.90	336.25	0.849 times
24 Fri Jan 2025	355.20	342.10	358.55	342.10	0.474 times
23 Thu Jan 2025	352.75	346.05	354.90	345.25	1.19 times
22 Wed Jan 2025	348.20	359.90	359.90	340.00	1.888 times
21 Tue Jan 2025	359.90	372.10	374.65	357.80	1.218 times
20 Mon Jan 2025	371.45	362.00	371.55	362.00	0.077 times
17 Fri Jan 2025	366.15	367.00	373.80	364.70	0.914 times
16 Thu Jan 2025	368.25	369.55	369.90	367.15	0.08 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 350.1, but if it comes above 350.1, then a intra day buy could be more profitable.
If you take a sell trade below 350.1, then use 350.1 as stoploss and 336.5 as target. However if you take a buy trade in stock , then use 350.1 as stoploss and 361.32 as target.

Share price targets for Panama Petro (PanamaPetro)

Target Type	Value
Downside Target	306.55
Downside Target	326.35
Downside Target	333.00
Downside Target	340.00
Upside Target	374.65
Upside Target	385.30
Upside Target	387.90
Upside Target	388.25
Upside Target	410.35
Upside Target	416.15
Upside Target	423.90

Intraday share price targets for Panama Petro (PanamaPetro)

Target Type	Value
Downside Intraday Target	332.23
Downside Intraday Target	316.02
Upside Intraday Target	358.78
Upside Intraday Target	369.12
Downside Intraday Target	342.57

Weekly technical analysis of Panama Petro (PanamaPetro)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	348.45	352.90	352.90	326.35	0.823 times
24 Fri Jan 2025	355.20	362.00	374.65	340.00	0.704 times
17 Fri Jan 2025	366.15	375.00	387.90	357.10	1.059 times
10 Fri Jan 2025	380.90	383.70	385.30	346.50	2.059 times
03 Fri Jan 2025	374.25	370.05	380.00	362.80	0.614 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
29 Wed Jan 2025	348.45	365.15	387.90	326.35	0.362 times
31 Tue Dec 2024	367.00	333.00	416.15	333.00	0.977 times
29 Fri Nov 2024	346.65	388.25	388.25	306.55	1.102 times
31 Thu Oct 2024	380.95	389.55	410.35	354.60	0.7 times

Scroll below to view daily charts

Price has moved down 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Panama Petro stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Panama Petro in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Panama Petro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Panama Petro in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Panama Petro is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 348.15 and Panama Petro (PanamaPetro) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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 has given negative 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.