(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 2024-04-16 View latest technical analysis
10 day averaged volume of Panama Petro is 6365
Date | Daily Closing Price | Open | High | Low | Volume |
16 Tue Apr 2024 | 334.15 | 321.95 | 340.75 | 319.00 | 1.555 times |
15 Mon Apr 2024 | 322.20 | 326.85 | 326.85 | 316.45 | 1.132 times |
12 Fri Apr 2024 | 329.05 | 332.45 | 336.40 | 328.70 | 0.557 times |
10 Wed Apr 2024 | 333.55 | 336.00 | 337.20 | 332.30 | 1.616 times |
09 Tue Apr 2024 | 336.40 | 336.55 | 341.95 | 333.65 | 0.585 times |
08 Mon Apr 2024 | 337.90 | 340.15 | 346.25 | 336.55 | 0.938 times |
05 Fri Apr 2024 | 344.35 | 345.10 | 345.95 | 340.60 | 0.568 times |
04 Thu Apr 2024 | 344.00 | 350.95 | 353.55 | 341.80 | 0.819 times |
03 Wed Apr 2024 | 346.15 | 353.45 | 355.55 | 345.00 | 0.72 times |
02 Tue Apr 2024 | 353.50 | 343.00 | 354.80 | 339.95 | 2.514 times |
My analysis of stock is bullish for shortterm, and stock might move up till 341.7 or till 353. Use a stoploss of 332.31 and if this stock hits its stoploss, then it can fall down till 322.93
Share price targets for Panama Petro (PanamaPetro)
Target Type | Value |
Downside Target | 298.20 |
Downside Target | 307.20 |
Downside Target | 328.70 |
Upside Target | 340.40 |
Upside Target | 340.75 |
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 | 320.15 |
Downside Intraday Target | 306.15 |
Upside Intraday Target | 344.45 |
Upside Intraday Target | 354.75 |
Downside Intraday Target | 330.45 |
Weekly technical analysis of Panama Petro (PanamaPetro)
Date | Weekly Closing Price | Open | High | Low | Volume |
16 Tue Apr 2024 | 334.15 | 326.85 | 340.75 | 316.45 | 0.727 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 |
28 Thu Mar 2024 | 330.95 | 322.00 | 340.40 | 321.75 | 0.899 times |
22 Fri Mar 2024 | 322.75 | 322.60 | 332.55 | 313.55 | 0.492 times |
Price has moved up 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 Tue Apr 2024 | 334.15 | 331.00 | 355.55 | 316.45 | 0.353 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 |
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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Panama Petro ( (PanamaPetro) ) based on a mid to longer 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
ADX buy sell signal for Panama Petro stock for short term is BUY. 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 in or above 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 BUY signal in short term and the buying is gaining 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 339.48 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 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Panama Petro ( (PanamaPetro) ) based on a mid to longer 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
ADX buy sell signal for Panama Petro stock for short term is BUY. 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 in or above 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 BUY signal in short term and the buying is gaining 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 339.48 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 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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