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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 2024-10-28 View latest technical analysis

10 day averaged volume of Paras Petrofils is 77862

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	3.01	2.88	3.01	2.75	1.801 times
25 Fri Oct 2024	2.87	2.90	2.90	2.87	0.551 times
24 Thu Oct 2024	2.93	2.93	2.93	2.93	0.915 times
23 Wed Oct 2024	2.99	2.99	2.99	2.99	0.715 times
22 Tue Oct 2024	3.06	3.06	3.06	3.06	0.339 times
21 Mon Oct 2024	3.13	3.13	3.13	3.13	0.469 times
18 Fri Oct 2024	3.20	3.19	3.21	3.19	1.029 times
17 Thu Oct 2024	3.26	3.19	3.29	3.19	2.212 times
16 Wed Oct 2024	3.26	3.33	3.33	3.26	0.544 times
15 Tue Oct 2024	3.33	3.32	3.33	3.32	1.52 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3 as stoploss in an intra day buy trade for a target of 3.21. However, stock will show a bearish move below 3.

Share price targets for Paras Petrofils (PARASPETRO_BE)

Target Type	Value
Downside Target	2.75
Downside Target	2.87
Downside Target	3.01
Upside Target	3.13
Upside Target	3.27
Upside Target	3.47
Upside Target	3.50
Upside Target	3.55
Upside Target	3.60
Upside Target	4.03
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	2.84
Downside Intraday Target	2.66
Upside Intraday Target	3.1
Upside Intraday Target	3.18
Downside Intraday Target	2.92

Weekly technical analysis of Paras Petrofils (PARASPETRO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	3.01	2.88	3.01	2.75	0.603 times
25 Fri Oct 2024	2.87	3.13	3.13	2.87	0.426 times
18 Fri Oct 2024	3.20	3.30	3.33	3.19	1.313 times
11 Fri Oct 2024	3.25	3.27	3.27	3.13	0.64 times
04 Fri Oct 2024	3.34	3.60	3.60	3.34	1.79 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 Paras Petrofils (PARASPETRO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	3.01	3.55	3.55	2.75	0.342 times
30 Mon Sep 2024	3.55	3.84	4.14	3.47	2.119 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

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 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 gaining momentum.

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

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

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 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 3.14 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.