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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 2024-04-25 View latest technical analysis

10 day averaged volume of Paramount Comm is 286542

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	77.40	78.00	79.40	76.40	1.106 times
24 Wed Apr 2024	77.55	80.00	80.90	76.35	1.381 times
23 Tue Apr 2024	79.25	80.00	81.40	78.95	1.016 times
24 Fri Nov 2023	62.30	62.70	63.00	61.25	0.562 times
23 Thu Nov 2023	61.75	63.00	63.00	60.50	0.564 times
22 Wed Nov 2023	62.35	63.50	64.00	61.25	0.648 times
21 Tue Nov 2023	62.45	62.45	63.50	61.45	0.568 times
20 Mon Nov 2023	61.80	61.60	62.90	61.00	1.066 times
17 Fri Nov 2023	62.10	63.50	64.45	61.20	1.618 times
16 Thu Nov 2023	63.50	66.00	66.50	62.70	1.306 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 77.5, for a target of 71 or 65.6

Share price targets for Paramount Comm (PARACABLES_BE)

Target Type	Value
Downside Target	51.50
Downside Target	54.50
Downside Target	59.00
Downside Target	60.50
Downside Target	64.00
Downside Target	66.50
Downside Target	68.50
Downside Target	76.25
Downside Target	76.35
Upside Target	81.40

Intraday share price targets for Paramount Comm (PARACABLES_BE)

Target Type	Value
Downside Intraday Target	75.37
Downside Intraday Target	73.33
Upside Intraday Target	80.42
Upside Intraday Target	83.43
Upside Intraday Target	78.38

Weekly technical analysis of Paramount Comm (PARACABLES_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	77.40	80.00	81.40	76.35	1.028 times
24 Fri Nov 2023	62.30	61.60	64.00	60.50	0.56 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

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 Comm (PARACABLES_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	77.40	80.00	81.40	76.35	0.173 times
24 Fri Nov 2023	62.30	55.85	68.50	55.00	0.659 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

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 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 Comm ( (PARACABLES_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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Paramount Comm in short term and the buy signal is strong.

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

Paramount Comm Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Paramount Comm in short term but SELL signal is weak.

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

Stock of Paramount Comm is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 67.94 and Paramount Comm (PARACABLES_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.