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(PARASPETRO_BE) Paras Petrofils complete technical analysis [charts+indicators] | Buy/Sell Paras Petrofils | (PARASPETRO_BE) share price targets

Complete technical analysis of Paras Petrofils (PARASPETRO_BE) by charts plus indicators, forecast predictions and share price targets for Paras Petrofils (PARASPETRO_BE)

10 day averaged volume of Paras Petrofils is 106971

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 3.30 3.30 3.30 3.30 1.946 times
16 Thu May 2024 3.25 3.20 3.25 3.20 2.011 times
15 Wed May 2024 3.20 3.20 3.20 3.20 1.031 times
14 Tue May 2024 3.25 3.25 3.25 3.25 0.959 times
13 Mon May 2024 3.30 3.30 3.30 3.30 0.31 times

Share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type Value
Downside Target 2.15
Downside Target 2.45
Downside Target 2.65
Downside Target 2.80
Downside Target 2.90
Downside Target 3.15
Downside Target 3.30
Upside Target 3.45
Upside Target 3.60
Upside Target 3.65
Upside Target 3.75
Upside Target 3.90

Intraday share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type Value
Downside Intraday Target 3.23
Downside Intraday Target 3.17
Upside Intraday Target 3.33
Upside Intraday Target 3.37
Downside Intraday Target 3.27

Weekly technical analysis of Paras Petrofils (PARASPETRO_BE)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 3.30 3.30 3.30 3.20 1.672 times
10 Fri May 2024 3.35 3.60 3.60 3.35 0.802 times
03 Fri May 2024 3.60 3.75 3.75 3.60 0.382 times
26 Fri Apr 2024 3.80 3.60 3.90 3.60 1.459 times
19 Fri Apr 2024 3.45 2.95 3.45 2.90 2.343 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Paras Petrofils (PARASPETRO_BE)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 3.30 3.65 3.65 3.20 0.373 times
30 Tue Apr 2024 3.70 2.75 3.90 2.65 1.661 times
28 Thu Mar 2024 2.80 3.30 3.60 2.80 0.515 times
29 Thu Feb 2024 3.15 2.90 3.15 2.45 0.941 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 Paras Petrofils (PARASPETRO_BE)

Indicator Name Indicator Value Indicator Signal
ADX 50, 40, 11 Buy
MACD 0, 0Sell
Stochastics 13Sell
CCI -37Buy
RSI 67Buy
OBV -570398Sell
VWAP 3Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Paras Petrofils ( (PARASPETRO_BE) ) based on a short term time period is

Price action analysis of Paras Petrofils ( (PARASPETRO_BE) ) based on a short term time period is

Price action analysis of Paras Petrofils ( (PARASPETRO_BE) ) based on a short to mid 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 Paras Petrofils ( (PARASPETRO_BE) ) 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 Paras Petrofils stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Paras Petrofils Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 Paras Petrofils in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Paras Petrofils is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.34 and Paras Petrofils (PARASPETRO_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Paras Petrofils (PARASPETRO_BE) stock. Volume based technical analysis of Paras Petrofils (PARASPETRO_BE) stock is negative.

Paras Petrofils Stock has given negative 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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