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 |
| 19 Tue Nov 2024 | 310.40 | 308.45 to 319.80 | -0.45% | 2 times |
| 18 Mon Nov 2024 | 311.80 | 309.95 to 322.90 | -1.9% | 0.74 times |
| 14 Thu Nov 2024 | 317.85 | 315.80 to 332.00 | -0.81% | 1.16 times |
| 13 Wed Nov 2024 | 320.45 | 316.25 to 345.50 | -5.79% | 2.49 times |
| 12 Tue Nov 2024 | 340.15 | 336.90 to 375.25 | -8.2% | 2.22 times |
| 11 Mon Nov 2024 | 370.55 | 362.05 to 376.40 | -0.5% | 0.36 times |
| 08 Fri Nov 2024 | 372.40 | 361.00 to 380.65 | -0.63% | 1.17 times |
| 07 Thu Nov 2024 | 374.75 | 373.05 to 383.10 | -1.68% | 0.32 times |
| 06 Wed Nov 2024 | 381.15 | 371.50 to 383.10 | 1.68% | 0.72 times |
| 05 Tue Nov 2024 | 374.85 | 370.00 to 379.75 | 1.16% | 0.55 times |
| 04 Mon Nov 2024 | 370.55 | 368.05 to 377.20 | -1.83% | 0.28 times |
| 01 Fri Nov 2024 | 377.45 | 372.10 to 385.00 | -0.92% | 0.21 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...
Although my analysis for Panama Petrochem Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 302.4, for a target of 331.1 or 355.13