Stock analysis Panama Petrochem Limited PANAMAPET
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Recent prices of PANAMAPET Panama Petrochem Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 21 Tue Jan 2025 | 359.90 | 357.90 to 375.05 | -2.89% | 0.87 times |
| 20 Mon Jan 2025 | 370.60 | 361.00 to 372.00 | 1.01% | 0.36 times |
| 17 Fri Jan 2025 | 366.90 | 365.10 to 372.90 | -0.35% | 0.51 times |
| 16 Thu Jan 2025 | 368.20 | 366.25 to 371.45 | -0.46% | 0.22 times |
| 15 Wed Jan 2025 | 369.90 | 364.05 to 372.60 | -0.22% | 0.8 times |
| 14 Tue Jan 2025 | 370.70 | 360.00 to 399.95 | 3.3% | 1.92 times |
| 13 Mon Jan 2025 | 358.85 | 356.45 to 375.00 | 0% | 1.64 times |
| 13 Mon Jan 2025 | 358.85 | 356.45 to 375.00 | -4.92% | 1.64 times |
| 10 Fri Jan 2025 | 377.40 | 353.75 to 384.95 | 2.53% | 1.29 times |
| 09 Thu Jan 2025 | 368.10 | 361.35 to 372.00 | 1.29% | 0.66 times |
| 08 Wed Jan 2025 | 363.40 | 353.15 to 364.20 | 1.27% | 0.95 times |
| 07 Tue Jan 2025 | 358.85 | 357.15 to 366.05 | -1.02% | 0.83 times |
Technical analysis forecast for Panama Petrochem Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Panama Petrochem Limited PANAMAPET at this time. Stock is falling and might fall more.
It appears as if Panama Petrochem Limited PANAMAPET gave a large move recently.
Stock of Panama Petrochem Limited (PANAMAPET) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Panama Petrochem Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Panama Petrochem Limited stays below 363.9, but if it comes above 363.9, then a intra day buy could be more profitable.
If you take a sell trade below 363.9, then use 363.9 as stoploss and 357 as target. However if you take a buy trade in Panama Petrochem Limited, then use 363.9 as stoploss and 369.59 as target.