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(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 2024-11-26 View latest technical analysis

10 day averaged volume of Paramount Communications is 1063430

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	68.91	68.90	69.09	67.90	0.65 times
25 Mon Nov 2024	68.22	69.00	69.65	68.00	0.726 times
22 Fri Nov 2024	66.81	65.91	67.50	64.50	0.686 times
21 Thu Nov 2024	65.50	67.00	67.00	64.80	0.723 times
19 Tue Nov 2024	66.77	66.30	68.65	66.01	1.794 times
18 Mon Nov 2024	65.95	68.50	68.90	65.60	1.042 times
14 Thu Nov 2024	67.36	66.20	69.30	66.20	0.899 times
13 Wed Nov 2024	66.20	69.40	69.40	65.70	1.484 times
12 Tue Nov 2024	68.50	70.97	71.67	68.05	1.111 times
11 Mon Nov 2024	70.70	71.25	72.55	70.11	0.854 times

My analysis of stock is bearish for shortterm, and stock might move down till 67 or till 63.6. Use a stoploss of 69.86 and if the stock hits stoploss, then it can shoot up till 72.71

Share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Target	64.50
Upside Target	72.31
Upside Target	72.55
Upside Target	75.76
Upside Target	75.89
Upside Target	82.57
Upside Target	85.00
Upside Target	90.15
Upside Target	92.85
Upside Target	100.63

Intraday share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Intraday Target	67.99
Downside Intraday Target	67.07
Upside Intraday Target	69.74
Upside Intraday Target	70.57
Downside Intraday Target	68.82

Weekly technical analysis of Paramount Communications (PARACABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	68.91	69.00	69.65	67.90	0.324 times
22 Fri Nov 2024	66.81	68.50	68.90	64.50	0.976 times
14 Thu Nov 2024	67.36	71.25	72.55	65.70	0.81 times
08 Fri Nov 2024	71.53	74.26	75.89	70.70	0.649 times
01 Fri Nov 2024	73.98	69.00	75.76	67.01	0.879 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
26 Tue Nov 2024	68.91	73.08	75.89	64.50	0.317 times
31 Thu Oct 2024	72.65	85.91	90.15	67.01	0.359 times
30 Mon Sep 2024	85.95	90.50	100.63	85.00	1.762 times
30 Fri Aug 2024	88.79	82.00	92.85	72.31	4.773 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 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Paramount Communications in short term but the buy signal is initial and weak.

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

Paramount Communications 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 moving up

CCI has generated a buy signal for Paramount Communications in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 67.34 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.