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(PETRONET) Petronet Lng complete technical analysis [charts+indicators] | Buy/Sell Petronet Lng | (PETRONET) share price targets

Complete technical analysis of Petronet Lng (PETRONET) by charts plus indicators, forecast predictions and share price targets for Petronet Lng (PETRONET)

10 day averaged volume of Petronet Lng is 4601558

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 309.75 310.00 311.10 303.60 1.381 times
21 Tue May 2024 308.60 311.50 316.20 307.00 1.505 times
20 Mon May 2024 313.50 314.00 316.00 312.00 0.093 times
17 Fri May 2024 312.20 314.95 320.20 310.30 1.306 times
16 Thu May 2024 312.15 308.70 313.25 306.35 1.707 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 312.9 as stoploss in an intra day sell trade for a target of 306.56. However, stock will show a bullish move above 312.9.

Share price targets for Petronet Lng (PETRONET)

Target Type Value
Downside Target 222.50
Downside Target 255.60
Downside Target 262.20
Downside Target 284.55
Downside Target 291.20
Downside Target 303.60
Upside Target 312.00
Upside Target 316.10
Upside Target 316.20
Upside Target 318.75
Upside Target 320.20
Upside Target 323.15

Intraday share price targets for Petronet Lng (PETRONET)

Target Type Value
Downside Intraday Target 303.5
Downside Intraday Target 297.25
Upside Intraday Target 316.1
Upside Intraday Target 322.45
Upside Intraday Target 309.85

Weekly technical analysis of Petronet Lng (PETRONET)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 309.75 314.00 316.20 303.60 0.55 times
17 Fri May 2024 312.20 299.40 320.20 291.40 1.086 times
10 Fri May 2024 299.65 316.00 316.10 293.15 0.563 times
03 Fri May 2024 313.80 312.00 323.15 303.65 1.067 times
26 Fri Apr 2024 308.65 303.05 312.00 291.20 0.879 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Petronet Lng (PETRONET)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 309.75 310.50 323.15 291.40 0.459 times
30 Tue Apr 2024 310.55 263.55 318.75 262.20 2.216 times
28 Thu Mar 2024 263.20 273.45 294.00 256.30 0.496 times
29 Thu Feb 2024 273.45 270.00 296.45 255.60 0.929 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Petronet Lng (PETRONET)

Indicator Name Indicator Value Indicator Signal
ADX 24, 18, 15 Buy
MACD 11, 11Sell
Stochastics 67None
CCI 25Sell
RSI 46Sell
OBV 52087281Sell
VWAP 307Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Petronet Lng ( (PETRONET) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Petronet Lng ( (PETRONET) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Petronet Lng ( (PETRONET) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Petronet Lng ( (PETRONET) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Petronet Lng stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Petronet Lng in short term but the sell signal is initial and weak.

Petronet Lng Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Petronet Lng in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Petronet Lng is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 306.76 and Petronet Lng (PETRONET) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Petronet Lng (PETRONET) stock. Volume based technical analysis of Petronet Lng (PETRONET) stock is negative.

Petronet Lng Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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