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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 2024-12-31 View latest technical analysis

10 day averaged volume of Paramount Communications is 3727980

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	82.79	81.91	83.00	80.80	0.345 times
30 Mon Dec 2024	82.15	81.00	85.01	81.00	0.83 times
27 Fri Dec 2024	80.86	83.90	84.37	80.50	0.462 times
26 Thu Dec 2024	83.90	84.25	85.30	83.11	0.473 times
24 Tue Dec 2024	83.83	85.50	86.28	83.40	0.492 times
23 Mon Dec 2024	85.38	86.41	87.75	83.49	1.047 times
20 Fri Dec 2024	84.91	87.90	90.10	84.20	2.71 times
19 Thu Dec 2024	85.50	81.16	86.00	81.03	0.754 times
18 Wed Dec 2024	83.55	84.50	86.45	82.25	0.783 times
17 Tue Dec 2024	84.49	82.75	85.45	81.60	0.92 times

My analysis of stock is bullish for shortterm, and stock might move up till 85.3 or till 91.1. Use a stoploss of 80.51 and if this stock hits its stoploss, then it can fall down till 75.71

Share price targets for Paramount Communications (PARACABLES)

Target Type	Value
Downside Target	64.50
Downside Target	67.01
Downside Target	72.31
Downside Target	74.35
Downside Target	75.89
Downside Target	78.39
Downside Target	80.50
Upside Target	85.00
Upside Target	87.75
Upside Target	90.10
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	80.72
Downside Intraday Target	78.66
Upside Intraday Target	84.93
Upside Intraday Target	87.08
Upside Intraday Target	82.87

Weekly technical analysis of Paramount Communications (PARACABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	82.79	81.00	85.01	80.80	0.475 times
27 Fri Dec 2024	80.86	86.41	87.75	80.50	0.369 times
20 Fri Dec 2024	84.91	81.50	90.10	81.03	1.252 times
13 Fri Dec 2024	80.02	77.00	85.95	74.35	1.774 times
06 Fri Dec 2024	76.64	71.01	78.39	67.50	2.332 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
31 Tue Dec 2024	82.79	71.01	90.10	67.50	3.484 times
29 Fri Nov 2024	71.84	73.08	75.89	64.50	0.381 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Paramount Communications ( (PARACABLES) ) 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 Paramount Communications stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Paramount Communications Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Paramount Communications in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Paramount Communications is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 84.18 and Paramount Communications (PARACABLES) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.