Is Panama Petrochem technically bullish or bearish?

Aug 03 2025 08:01 AM IST
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As of August 1, 2025, Panama Petrochem's technical stance is bearish with moderate strength, indicated by a bearish MACD and moving averages, while recent performance shows a 1-year return of -14.48%, underperforming the Sensex's -1.55%.
As of 1 August 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Panama Petrochem is bearish with a moderate strength. Key indicators driving this stance include a bearish MACD on the weekly chart, bearish moving averages on the daily chart, and a bearish KST on the weekly chart. The Bollinger Bands indicate a mildly bearish trend on the weekly timeframe, while the monthly indicators show a lack of strong signals with both RSI and Dow Theory indicating no trend. The stock's recent performance also reflects a decline, with a 1Y return of -14.48% compared to a -1.55% return of the Sensex.
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