Is PANAMA PETROCHEM in uptrend or downtrend?

In the short term price movements in PANAMAPET share indicates the market has a decisive bullish trend.

What is PANAMA PETROCHEM share price forecast for tomorrow?

In Panama Petrochem Limited stock current resistance level is at 275 and support level is at 233. Though market is closer to resistance level there are good chances till these ranges are broken, market would stay Bullish.

What are PANAMA PETROCHEM support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Panama Petrochem Limited in the short-term, the supply zone around 275 and 270. Hence, good chances of resistance around 270. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Panama Petrochem Limited share is around 233 and 230. Hence, good chances for support around 230.

Why is PANAMA PETROCHEM share price falling today?

Perhaps PANAMAPET stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

PANAMA PETROCHEM Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data