Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Panama Petrochem Limited

PANAMAPET.BO Technical Analysis Summary (BSE)

Analyze PANAMAPET.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

PANAMAPET.BO●BSE
EnergyOil & Gas Refining & Marketing
₹485.55
₹0.40(0.08%)
Indian Market opens in 6h 37m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PANAMAPET.BO Technical Analysis Summary (BSE)

Panama Petrochem Limited (BSE: PANAMAPET.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 53.07)
Trend Strength:Moderate (ADX: 25.85)
Volatility:High (ATR: 29.34)
Support/Resistance:$428.01 – $534.10 (Bollinger Bands)

Technical conditions suggest Panama Petrochem Limited on the BSE is awaiting a decisive move. Technical conditions suggest Panama Petrochem Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 53.07

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 26.99

Bearish
Momentum remains weak below midpoint.

Williams %R: -77.72

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 5.18

Strongly Bullish
Strong upside momentum.

Takeaway:Panama Petrochem Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 13.18

Bullish
Bullish, trend momentum is strengthening.

ADX: 25.85

Moderate
Moderate trend, direction gaining strength.

ATR (14): 29.34

Rising
Rising volatility, market activity increasing.

CCI (14): -32.52

Bearish
Bearish, momentum remains under pressure.

Takeaway:Panama Petrochem Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$534.10
Middle Band (SMA 20)
$481.05
Lower Band
$428.01
Current Position
Within Bands

Takeaway:Panama Petrochem Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$539.55
Middle Line (EMA 20)
$480.87
Lower Channel
$422.19
Squeeze Status
Squeeze On

Takeaway:Panama Petrochem Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume518.22K
Money Flow Index19.03Bullish, oversold conditions signal rebound potential.
Relative Vigor Index44.93Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:PANAMAPET.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Panama Petrochem Limited (BSE: PANAMAPET.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Panama Petrochem Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: PANAMAPET.BO) Technical Analysis FAQ