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(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)

Showing technical analysis as on 2024-07-19 View latest technical analysis

10 day averaged volume of Paras Petrofils is 137728

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	3.65	3.65	3.65	3.65	0.887 times
18 Thu Jul 2024	3.73	3.73	3.73	3.73	0.331 times
16 Tue Jul 2024	3.81	3.81	3.81	3.81	0.444 times
15 Mon Jul 2024	3.89	3.89	3.89	3.89	0.513 times
12 Fri Jul 2024	3.97	4.06	4.06	3.97	0.603 times
11 Thu Jul 2024	4.06	4.05	4.06	4.05	1.839 times
10 Wed Jul 2024	4.05	4.06	4.06	4.05	1.232 times
09 Tue Jul 2024	3.99	3.99	3.99	3.99	0.759 times
08 Mon Jul 2024	3.92	3.86	3.92	3.86	1.395 times
05 Fri Jul 2024	3.85	3.77	3.85	3.77	1.533 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.7, but if it comes above 3.7, then a intra day buy could be more profitable.
If you take a sell trade below 3.7, then use 3.7 as stoploss and 3.6 as target. However if you take a buy trade in stock , then use 3.7 as stoploss and 3.87 as target.

Share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type	Value
Downside Target	2.65
Downside Target	2.80
Downside Target	3.10
Downside Target	3.30
Downside Target	3.60
Upside Target	3.85
Upside Target	3.90
Upside Target	4.04
Upside Target	4.06
Upside Target	4.13
Upside Target	4.40
Upside Target	4.49

Intraday share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type	Value
Downside Intraday Target	3.57
Downside Intraday Target	3.49
Upside Intraday Target	3.81
Upside Intraday Target	3.97
Upside Intraday Target	3.73

Weekly technical analysis of Paras Petrofils (PARASPETRO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	3.65	3.89	3.89	3.65	0.373 times
12 Fri Jul 2024	3.97	3.86	4.06	3.86	0.783 times
05 Fri Jul 2024	3.85	3.71	3.85	3.71	1.62 times
28 Fri Jun 2024	3.71	4.04	4.04	3.71	0.974 times
21 Fri Jun 2024	4.13	4.40	4.40	4.13	0.239 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
19 Fri Jul 2024	3.65	3.71	4.06	3.65	0.291 times
28 Fri Jun 2024	3.71	3.30	4.49	3.30	2.925 times
31 Fri May 2024	3.15	3.65	3.65	3.10	0.699 times
30 Tue Apr 2024	3.70	2.75	3.90	2.65	1.661 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Paras Petrofils ( (PARASPETRO_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 Paras Petrofils ( (PARASPETRO_BE) ) based on a short to mid 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.

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

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

Paras Petrofils 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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Paras Petrofils in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.92 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 positive

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