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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 2024-12-30 View latest technical analysis

10 day averaged volume of Panama Petro is 3685

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	364.85	370.05	372.75	363.55	0.359 times
27 Fri Dec 2024	373.00	371.15	380.00	364.10	0.948 times
26 Thu Dec 2024	377.35	388.60	388.60	375.45	0.53 times
24 Tue Dec 2024	383.90	386.10	392.45	383.15	0.127 times
23 Mon Dec 2024	390.45	400.85	400.85	386.95	0.658 times
20 Fri Dec 2024	399.50	391.15	403.50	390.00	1.091 times
19 Thu Dec 2024	397.90	410.10	416.15	392.00	1.739 times
18 Wed Dec 2024	405.85	402.50	408.00	399.35	2.163 times
17 Tue Dec 2024	404.10	412.95	412.95	400.00	0.364 times
16 Mon Dec 2024	401.00	408.00	409.75	399.40	1.204 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 372.8, but if it comes above 372.8, then a intra day buy could be more profitable.
If you take a sell trade below 372.8, then use 372.8 as stoploss and 353.5 as target. However if you take a buy trade in stock , then use 372.8 as stoploss and 388.84 as target.

Share price targets for Panama Petro (PanamaPetro)

Target Type	Value
Downside Target	306.55
Downside Target	333.00
Downside Target	354.60
Downside Target	363.55
Upside Target	372.75
Upside Target	399.35
Upside Target	400.85
Upside Target	409.50
Upside Target	410.35
Upside Target	416.15
Upside Target	423.90
Upside Target	429.90

Intraday share price targets for Panama Petro (PanamaPetro)

Target Type	Value
Downside Intraday Target	361.35
Downside Intraday Target	357.85
Upside Intraday Target	370.55
Upside Intraday Target	376.25
Upside Intraday Target	367.05

Weekly technical analysis of Panama Petro (PanamaPetro)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	364.85	370.05	372.75	363.55	0.159 times
27 Fri Dec 2024	373.00	400.85	400.85	364.10	0.345 times
20 Fri Dec 2024	399.50	408.00	416.15	390.00	1.099 times
13 Fri Dec 2024	407.70	394.95	409.50	379.40	0.45 times
06 Fri Dec 2024	394.95	333.00	399.35	333.00	3.341 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
30 Mon Dec 2024	364.85	333.00	416.15	333.00	0.964 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
30 Mon Sep 2024	387.25	423.90	423.90	384.45	0.509 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 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 Weak and stock is gaining momentum.

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

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 green color and prices are in or below the green 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 394.84 and Panama Petro (PanamaPetro) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.