Login or Join
 Learn then Earn

(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)

10 day averaged volume of Panama Petro is 10669

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 335.00 338.90 341.60 334.20 0.419 times
29 Mon Apr 2024 330.95 336.45 337.45 328.00 0.541 times
26 Fri Apr 2024 335.45 334.15 336.45 332.30 1.094 times
25 Thu Apr 2024 333.50 333.90 339.70 332.30 1.6 times
24 Wed Apr 2024 338.45 341.70 342.40 337.00 0.64 times

My analysis of stock is bearish for shortterm, and stock might move down till 330.7 or till 322.8. Use a stoploss of 337.23 and if the stock hits stoploss, then it can shoot up till 343.78

Share price targets for Panama Petro (PanamaPetro)

Target Type Value
Downside Target 298.20
Downside Target 307.20
Downside Target 316.45
Downside Target 328.00
Upside Target 341.60
Upside Target 346.25
Upside Target 355.55
Upside Target 357.55
Upside Target 361.65
Upside Target 366.00
Upside Target 387.05

Intraday share price targets for Panama Petro (PanamaPetro)

Target Type Value
Downside Intraday Target 328.13
Downside Intraday Target 321.27
Upside Intraday Target 341.73
Upside Intraday Target 348.47
Downside Intraday Target 334.87

Weekly technical analysis of Panama Petro (PanamaPetro)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 335.00 336.45 341.60 328.00 0.148 times
26 Fri Apr 2024 335.45 343.75 344.00 332.30 2.016 times
19 Fri Apr 2024 338.60 326.85 346.15 316.45 1.461 times
12 Fri Apr 2024 329.05 340.15 346.25 328.70 0.714 times
05 Fri Apr 2024 344.35 331.00 355.55 331.00 1.06 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 Tue Apr 2024 335.00 331.00 355.55 316.45 0.817 times
28 Thu Mar 2024 330.95 349.75 361.65 298.20 0.29 times
29 Thu Feb 2024 344.65 365.00 387.05 300.90 1.595 times
31 Wed Jan 2024 358.20 331.15 366.00 307.80 0.996 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 19, 24, 11 Sell
MACD 0, 1Sell
Stochastics 57None
CCI 12Buy
RSI 53Buy
OBV 3954Sell
VWAP 337Sell
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Panama Petro ( (PanamaPetro) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Panama Petro ( (PanamaPetro) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 but the sell 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 stronger in this stock.

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

CCI has generated a buy signal for Panama Petro in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 336.82 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 positive

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

Click here for Panama Petro charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme