Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(PARASPETRO_BE) Paras Petrofils complete technical analysis [charts+indicators] | Buy/Sell Paras Petrofils | (PARASPETRO_BE) share price targets

Complete technical analysis of Paras Petrofils (PARASPETRO_BE) by charts plus indicators, forecast predictions and share price targets for Paras Petrofils (PARASPETRO_BE)

10 day averaged volume of Paras Petrofils is 192202

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	2.99	2.98	3.12	2.95	0.529 times
26 Thu Dec 2024	2.98	3.11	3.11	2.90	1.101 times
24 Tue Dec 2024	3.03	3.01	3.09	2.94	0.896 times
23 Mon Dec 2024	2.95	3.09	3.09	2.91	0.972 times
20 Fri Dec 2024	2.99	3.10	3.15	2.99	1.036 times
19 Thu Dec 2024	3.07	3.05	3.12	2.86	1.462 times
18 Wed Dec 2024	2.99	3.10	3.10	2.90	0.64 times
17 Tue Dec 2024	3.03	3.12	3.23	3.00	1.66 times
16 Mon Dec 2024	3.12	3.12	3.12	3.12	1.398 times
13 Fri Dec 2024	2.98	3.00	3.00	2.98	0.455 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3, but if it comes above 3, then a intra day buy could be more profitable.
If you take a sell trade below 3, then use 3 as stoploss and 2.9 as target. However if you take a buy trade in stock , then use 3 as stoploss and 3.02 as target.

Share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type	Value
Downside Target	2.75
Downside Target	2.86
Upside Target	3.05
Upside Target	3.12
Upside Target	3.23
Upside Target	3.47
Upside Target	3.50
Upside Target	3.55
Upside Target	3.82
Upside Target	4.03
Upside Target	4.14

Intraday share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type	Value
Downside Intraday Target	2.89
Downside Intraday Target	2.78
Upside Intraday Target	3.11
Upside Intraday Target	3.22
Upside Intraday Target	3

Weekly technical analysis of Paras Petrofils (PARASPETRO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	2.99	3.09	3.12	2.90	0.564 times
20 Fri Dec 2024	2.99	3.12	3.23	2.86	3.259 times
13 Fri Dec 2024	2.98	3.05	3.05	2.94	0.753 times
06 Fri Dec 2024	3.04	3.22	3.22	2.99	1.916 times
29 Fri Nov 2024	3.16	2.95	3.16	2.94	0.839 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 Paras Petrofils (PARASPETRO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	2.99	3.22	3.23	2.86	1.422 times
29 Fri Nov 2024	3.16	3.64	3.82	2.94	0.967 times
31 Thu Oct 2024	3.47	3.55	3.55	2.75	0.391 times
30 Mon Sep 2024	3.55	3.84	4.14	3.47	2.119 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 Paras Petrofils (PARASPETRO_BE)

Price action analysis of Paras Petrofils ( (PARASPETRO_BE) ) 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 Paras Petrofils ( (PARASPETRO_BE) ) 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 Paras Petrofils ( (PARASPETRO_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 Paras Petrofils ( (PARASPETRO_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 Paras Petrofils stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Paras Petrofils 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.

Paras Petrofils 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Paras Petrofils in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Paras Petrofils is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.02 and Paras Petrofils (PARASPETRO_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 Paras Petrofils (PARASPETRO_BE) stock. Volume based technical analysis of Paras Petrofils (PARASPETRO_BE) stock is negative.

Paras Petrofils 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.