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)

Showing technical analysis as on 2024-08-20 View latest technical analysis

10 day averaged volume of Paras Petrofils is 100338

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	3.50	3.55	3.55	3.50	1.717 times
19 Mon Aug 2024	3.55	3.55	3.55	3.55	0.858 times
16 Fri Aug 2024	3.55	3.60	3.60	3.55	0.707 times
14 Wed Aug 2024	3.60	3.65	3.65	3.60	1.198 times
13 Tue Aug 2024	3.67	3.65	3.67	3.65	1.641 times
12 Mon Aug 2024	3.65	3.69	3.69	3.65	0.902 times
09 Fri Aug 2024	3.69	3.69	3.69	3.69	1.182 times
08 Thu Aug 2024	3.77	3.77	3.77	3.77	1.466 times
07 Wed Aug 2024	3.77	3.80	3.80	3.77	0.591 times
06 Tue Aug 2024	3.80	3.84	3.84	3.80	0.774 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.6, but if it comes above 3.6, then a intra day buy could be more profitable.
If you take a sell trade below 3.6, then use 3.6 as stoploss and 3.3 as target. However if you take a buy trade in stock , then use 3.6 as stoploss and 3.83 as target.

Share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type	Value
Downside Target	2.65
Downside Target	3.10
Downside Target	3.28
Downside Target	3.50
Upside Target	3.65
Upside Target	3.90
Upside Target	3.91
Upside Target	3.92
Upside Target	4.00
Upside Target	4.20
Upside Target	4.49
Upside Target	4.63

Intraday share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type	Value
Downside Intraday Target	3.48
Downside Intraday Target	3.47
Upside Intraday Target	3.53
Upside Intraday Target	3.57
Upside Intraday Target	3.52

Weekly technical analysis of Paras Petrofils (PARASPETRO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	3.50	3.55	3.55	3.50	0.579 times
16 Fri Aug 2024	3.55	3.69	3.69	3.55	0.948 times
09 Fri Aug 2024	3.69	3.91	3.91	3.69	0.343 times
02 Fri Aug 2024	3.92	4.41	4.63	3.92	0.616 times
26 Fri Jul 2024	4.20	3.57	4.20	3.28	7.442 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
20 Tue Aug 2024	3.50	4.00	4.00	3.50	0.231 times
31 Wed Jul 2024	4.09	3.71	4.63	3.28	0.767 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

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 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 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 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 and the sell signal is strong.

Paras Petrofils 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 red color and prices are below the red 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 and the buying is gaining 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 3.65 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.