(PARACABLES) Paramount Communications complete technical analysis [charts+indicators] | Buy/Sell Paramount Communications | (PARACABLES) share price targets
Complete technical analysis of Paramount Communications (PARACABLES) by charts plus indicators, forecast predictions and share price targets for Paramount Communications (PARACABLES)
Paramount Communications trades in NSE in Other Elect.Equip. sector.
Showing technical analysis as on 2024-03-22 View latest technical analysis
10 day averaged volume of Paramount Communications is 1294909
Date | Daily Closing Price | Open | High | Low | Volume |
22 Fri Mar 2024 | 69.55 | 67.60 | 69.55 | 66.50 | 0.57 times |
21 Thu Mar 2024 | 66.25 | 64.65 | 66.25 | 63.70 | 0.343 times |
20 Wed Mar 2024 | 63.10 | 66.10 | 67.70 | 62.75 | 0.838 times |
19 Tue Mar 2024 | 66.05 | 64.05 | 67.80 | 64.05 | 0.925 times |
18 Mon Mar 2024 | 64.85 | 63.20 | 66.90 | 62.80 | 1.498 times |
15 Fri Mar 2024 | 64.45 | 65.05 | 67.65 | 64.45 | 1.79 times |
14 Thu Mar 2024 | 67.80 | 67.55 | 72.95 | 67.55 | 3.304 times |
13 Wed Mar 2024 | 71.10 | 71.10 | 71.10 | 71.10 | 0.15 times |
12 Tue Mar 2024 | 74.80 | 74.80 | 74.80 | 74.80 | 0.115 times |
11 Mon Mar 2024 | 78.70 | 79.60 | 82.30 | 78.70 | 0.371 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 67.5 as stoploss in an intra day buy trade for a target of 75.61. However, stock will show a bearish move below 67.5.
Share price targets for Paramount Communications (PARACABLES)
Target Type | Value |
Downside Target | 61.75 |
Downside Target | 64.45 |
Downside Target | 68.00 |
Downside Target | 69.55 |
Upside Target | 75.70 |
Upside Target | 79.40 |
Upside Target | 82.30 |
Upside Target | 87.55 |
Upside Target | 90.80 |
Upside Target | 91.90 |
Upside Target | 96.35 |
Upside Target | 112.10 |
Upside Target | 116.85 |
Intraday share price targets for Paramount Communications (PARACABLES)
Target Type | Value |
Downside Intraday Target | 65.02 |
Downside Intraday Target | 60.48 |
Upside Intraday Target | 71.82 |
Upside Intraday Target | 74.08 |
Downside Intraday Target | 67.28 |
Weekly technical analysis of Paramount Communications (PARACABLES)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Fri Mar 2024 | 69.55 | 63.20 | 69.55 | 62.75 | 0.728 times |
15 Fri Mar 2024 | 64.45 | 79.60 | 82.30 | 64.45 | 1.56 times |
07 Thu Mar 2024 | 82.85 | 79.90 | 82.85 | 75.70 | 1.095 times |
02 Sat Mar 2024 | 80.10 | 89.00 | 90.80 | 79.40 | 0.911 times |
23 Fri Feb 2024 | 88.75 | 91.45 | 91.90 | 84.50 | 0.725 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 Paramount Communications (PARACABLES)
Date | Monthly Closing Price | Open | High | Low | Volume |
22 Fri Mar 2024 | 69.55 | 85.75 | 87.55 | 62.75 | 0.792 times |
29 Thu Feb 2024 | 84.70 | 106.00 | 112.10 | 82.40 | 0.856 times |
31 Wed Jan 2024 | 105.55 | 88.70 | 116.85 | 84.10 | 0.84 times |
29 Fri Dec 2023 | 88.15 | 66.00 | 96.35 | 61.75 | 17.693 times |
Scroll below to view daily charts
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 Paramount Communications (PARACABLES)
Price action analysis of Paramount Communications ( (PARACABLES) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Paramount Communications ( (PARACABLES) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Paramount Communications ( (PARACABLES) ) 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 Paramount Communications ( (PARACABLES) ) based on a mid to longer 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.
ADX buy sell signal for Paramount Communications stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Paramount Communications in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Paramount Communications 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Paramount Communications in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Paramount Communications is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 66.77 and Paramount Communications (PARACABLES) 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 Paramount Communications (PARACABLES) stock. Volume based technical analysis of Paramount Communications (PARACABLES) stock is negative.
Paramount Communications Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Paramount Communications ( (PARACABLES) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Paramount Communications ( (PARACABLES) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Paramount Communications ( (PARACABLES) ) 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 Paramount Communications ( (PARACABLES) ) based on a mid to longer 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.
ADX buy sell signal for Paramount Communications stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Paramount Communications in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Paramount Communications 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Paramount Communications in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Paramount Communications is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 66.77 and Paramount Communications (PARACABLES) 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 Paramount Communications (PARACABLES) stock. Volume based technical analysis of Paramount Communications (PARACABLES) stock is negative.
Paramount Communications Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Paramount Communications charts
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Daily charts
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