(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 109158
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 3.35 | 3.35 | 3.35 | 3.35 | 1.986 times |
| 20 Mon May 2024 | 3.35 | 3.35 | 3.35 | 3.35 | 0.136 times |
| 17 Fri May 2024 | 3.30 | 3.30 | 3.30 | 3.30 | 1.907 times |
| 16 Thu May 2024 | 3.25 | 3.20 | 3.25 | 3.20 | 1.971 times |
| 15 Wed May 2024 | 3.20 | 3.20 | 3.20 | 3.20 | 1.01 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3.3 as stoploss in an intra day buy trade for a target of 3.51. However, stock will show a bearish move below 3.3.
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 | 2.95 |
| Downside Target | 3.15 |
| Downside Target | 3.30 |
| 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 | 3.35 |
| Downside Intraday Target | 3.35 |
| Downside Intraday Target | 3.35 |
| Downside Intraday Target | 3.35 |
| Downside Intraday Target | 3.35 |
Weekly technical analysis of Paras Petrofils (PARASPETRO_BE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 3.35 | 3.35 | 3.35 | 3.35 | 0.346 times |
| 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 |
Price has moved up 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 Paras Petrofils (PARASPETRO_BE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 3.35 | 3.65 | 3.65 | 3.20 | 0.438 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 | 56, 44, 11 | Buy |
| MACD | 0, 0 | Sell |
| Stochastics | 45 | None |
| CCI | 32 | Sell |
| RSI | 66 | Buy |
| OBV | -1001297 | Sell |
| VWAP | 3 | Buy |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Paras Petrofils ( (PARASPETRO_BE) ) 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 Paras Petrofils ( (PARASPETRO_BE) ) 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down
CCI has generated a SELL signal for Paras Petrofils in short term
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 3.3 and Paras Petrofils (PARASPETRO_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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