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 2024-09-25 View latest technical analysis

10 day averaged volume of Paras Petrofils is 325283

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	3.62	3.70	3.70	3.62	0.233 times
24 Tue Sep 2024	3.70	3.70	3.70	3.70	0.139 times
23 Mon Sep 2024	3.70	3.73	3.73	3.70	0.282 times
20 Fri Sep 2024	3.74	3.80	3.80	3.74	0.188 times
19 Thu Sep 2024	3.82	3.89	3.89	3.82	0.102 times
18 Wed Sep 2024	3.90	3.83	3.90	3.83	0.401 times
17 Tue Sep 2024	3.91	4.10	4.14	3.89	1.559 times
16 Mon Sep 2024	4.10	4.06	4.13	3.81	2.475 times
13 Fri Sep 2024	3.94	4.09	4.09	3.83	1.426 times
12 Thu Sep 2024	4.01	3.92	4.03	3.80	1.938 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 3.5 as target. However if you take a buy trade in stock , then use 3.7 as stoploss and 3.8 as target.

Share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type	Value
Downside Target	3.10
Downside Target	3.28
Downside Target	3.47
Downside Target	3.62
Upside Target	3.84
Upside Target	4.03
Upside Target	4.09
Upside Target	4.14
Upside Target	4.49
Upside Target	4.63

Intraday share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type	Value
Downside Intraday Target	3.58
Downside Intraday Target	3.55
Upside Intraday Target	3.69
Upside Intraday Target	3.77
Upside Intraday Target	3.66

Weekly technical analysis of Paras Petrofils (PARASPETRO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	3.62	3.73	3.73	3.62	0.138 times
20 Fri Sep 2024	3.74	4.06	4.14	3.74	0.646 times
13 Fri Sep 2024	3.94	3.52	4.09	3.47	4.693 times
06 Fri Sep 2024	3.67	3.84	3.84	3.67	0.632 times
30 Fri Aug 2024	3.92	3.72	4.03	3.72	1.479 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
25 Wed Sep 2024	3.62	3.84	4.14	3.47	1.948 times
30 Fri Aug 2024	3.92	4.00	4.03	3.50	0.424 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 getting stronger in this stock.

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 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 3.97 and Paras Petrofils (PARASPETRO_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.