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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 5439672

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 320.25 314.95 323.20 313.60 1.395 times
20 Thu Jun 2024 314.20 310.80 314.90 307.65 0.813 times
19 Wed Jun 2024 310.70 318.00 318.35 309.10 0.663 times
18 Tue Jun 2024 316.45 324.10 324.60 315.65 0.797 times
14 Fri Jun 2024 323.90 324.00 327.85 321.55 0.692 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 318.5, but if it comes below 318.5, then a intra day sell could be more profitable.
If you take a sell trade below 318.5, then use 318.5 as stoploss and 306.26 as target. However if you take a buy trade in stock , then use 318.5 as stoploss and 333.2 as target.

Share price targets for Petronet Lng (PETRONET)

Target Type Value
Downside Target 253.40
Downside Target 262.20
Downside Target 291.40
Downside Target 307.65
Downside Target 316.20
Downside Target 317.70
Downside Target 318.75
Upside Target 323.15
Upside Target 324.60
Upside Target 327.85

Intraday share price targets for Petronet Lng (PETRONET)

Target Type Value
Downside Intraday Target 310.4
Downside Intraday Target 300.55
Upside Intraday Target 327.35
Upside Intraday Target 334.45
Downside Intraday Target 317.5

Weekly technical analysis of Petronet Lng (PETRONET)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 320.25 324.10 324.60 307.65 0.656 times
14 Fri Jun 2024 323.90 302.00 327.85 301.15 0.827 times
07 Fri Jun 2024 301.25 309.30 317.70 253.40 1.291 times
31 Fri May 2024 297.35 305.40 306.10 291.60 0.91 times
24 Fri May 2024 305.40 314.00 316.20 302.60 1.256 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
21 Fri Jun 2024 320.25 309.30 327.85 253.40 0.658 times
31 Fri May 2024 297.35 310.50 323.15 291.40 0.704 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

Price has moved up 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 32, 26, 10 Buy
MACD 9, 8Buy
Stochastics 69None
CCI 44Buy
RSI 44Sell
OBV 16524503Sell
VWAP 316Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

Price action analysis of Petronet Lng ( (PETRONET) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Petronet Lng ( (PETRONET) ) based on a short 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 short to mid 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 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 gaining momentum.

MACD generated a BUY signal for Petronet Lng in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 buy signal for Petronet Lng in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 316.3 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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