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(PARACABLES_BE) Paramount Comm complete technical analysis [charts+indicators] | Buy/Sell Paramount Comm | (PARACABLES_BE) share price targets

Complete technical analysis of Paramount Comm (PARACABLES_BE) by charts plus indicators, forecast predictions and share price targets for Paramount Comm (PARACABLES_BE)

Showing technical analysis as on 2023-11-23 View latest technical analysis

10 day averaged volume of Paramount Comm is 318096

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu Nov 2023	61.75	63.00	63.00	60.50	0.508 times
22 Wed Nov 2023	62.35	63.50	64.00	61.25	0.584 times
21 Tue Nov 2023	62.45	62.45	63.50	61.45	0.511 times
20 Mon Nov 2023	61.80	61.60	62.90	61.00	0.96 times
17 Fri Nov 2023	62.10	63.50	64.45	61.20	1.457 times
16 Thu Nov 2023	63.50	66.00	66.50	62.70	1.177 times
15 Wed Nov 2023	65.55	64.50	65.90	64.35	1.146 times
13 Mon Nov 2023	63.30	64.95	65.00	63.00	1.096 times
12 Sun Nov 2023	65.25	65.90	65.90	64.05	0.601 times
10 Fri Nov 2023	64.05	66.00	66.00	63.45	0.87 times

My analysis of stock is bearish for shortterm, and stock might move down till 59 or till 55.4. Use a stoploss of 62.11 and if the stock hits stoploss, then it can shoot up till 65.17

Share price targets for Paramount Comm (PARACABLES_BE)

Target Type	Value
Downside Target	32.30
Downside Target	39.80
Downside Target	51.50
Downside Target	54.50
Downside Target	59.00
Upside Target	64.00
Upside Target	64.10
Upside Target	66.50
Upside Target	68.50
Upside Target	76.25

Intraday share price targets for Paramount Comm (PARACABLES_BE)

Target Type	Value
Downside Intraday Target	60.17
Downside Intraday Target	58.58
Upside Intraday Target	63.67
Upside Intraday Target	65.58
Upside Intraday Target	62.08

Weekly technical analysis of Paramount Comm (PARACABLES_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu Nov 2023	61.75	61.60	64.00	60.50	0.468 times
17 Fri Nov 2023	62.10	65.90	66.50	61.20	0.799 times
10 Fri Nov 2023	64.05	65.70	68.50	61.75	1.462 times
03 Fri Nov 2023	64.10	56.15	64.10	54.50	0.679 times
27 Fri Oct 2023	56.60	59.55	60.00	51.50	0.865 times

Price has moved down 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 Comm (PARACABLES_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Thu Nov 2023	61.75	55.85	68.50	55.00	0.641 times
31 Tue Oct 2023	55.40	62.95	66.50	51.50	0.6 times
29 Fri Sep 2023	62.95	59.95	76.25	59.00	2.866 times
31 Thu Aug 2023	59.65	56.00	61.90	51.65	0.728 times

Scroll below to view daily charts

Price has moved up 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 Comm (PARACABLES_BE)

Price action analysis of Paramount Comm ( (PARACABLES_BE) ) 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 Comm ( (PARACABLES_BE) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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

Paramount Comm 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 green color and prices are in or below the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 Comm is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 63.26 and Paramount Comm (PARACABLES_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 Paramount Comm (PARACABLES_BE) stock. Volume based technical analysis of Paramount Comm (PARACABLES_BE) stock is negative.

Paramount Comm 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.