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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 2024-12-03 View latest technical analysis

10 day averaged volume of Paras Petrofils is 67902

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	3.07	3.14	3.14	3.07	1.764 times
02 Mon Dec 2024	3.14	3.22	3.22	3.14	1.82 times
29 Fri Nov 2024	3.16	3.12	3.16	3.12	0.535 times
28 Thu Nov 2024	3.10	3.10	3.10	3.10	0.34 times
27 Wed Nov 2024	3.04	3.04	3.04	3.04	0.428 times
26 Tue Nov 2024	2.99	2.94	2.99	2.94	1.444 times
25 Mon Nov 2024	2.94	2.95	2.95	2.94	0.986 times
22 Fri Nov 2024	2.96	2.96	2.96	2.96	1.376 times
21 Thu Nov 2024	3.03	3.10	3.10	3.03	1.204 times
19 Tue Nov 2024	3.10	3.12	3.12	3.10	1.434 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 3.22. 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	2.94
Downside Target	3.07
Upside Target	3.15
Upside Target	3.40
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	3.02
Downside Intraday Target	2.97
Upside Intraday Target	3.17
Upside Intraday Target	3.27
Upside Intraday Target	3.12

Weekly technical analysis of Paras Petrofils (PARASPETRO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	3.07	3.22	3.22	3.07	0.96 times
29 Fri Nov 2024	3.16	2.95	3.16	2.94	0.839 times
22 Fri Nov 2024	2.96	3.15	3.15	2.96	1.505 times
14 Thu Nov 2024	3.21	3.40	3.40	3.20	0.208 times
08 Fri Nov 2024	3.40	3.80	3.82	3.40	1.673 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
03 Tue Dec 2024	3.07	3.22	3.22	3.07	0.127 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 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 short 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 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.

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. Bulls are getting tired and bears 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 but SELL 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 3.05 and Paras Petrofils (PARASPETRO_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.