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(PARACABLES_BE) Paramount Comm complete technical analysis [charts+indicators] | Buy/Sell Paramount Comm | (PARACABLES_BE) share price targets

Complete technical analysis of Paramount Comm (PARACABLES_BE) by charts plus indicators, forecast predictions and share price targets for Paramount Comm (PARACABLES_BE)

10 day averaged volume of Paramount Comm is 318392

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed May 2024	75.15	72.00	75.15	71.60	1.541 times
21 Tue May 2024	71.60	73.50	74.10	71.45	1.158 times
18 Sat May 2024	73.05	72.20	73.40	71.50	0.349 times
17 Fri May 2024	72.10	72.70	73.40	72.00	0.665 times
16 Thu May 2024	72.65	72.40	74.10	72.05	0.795 times
15 Wed May 2024	72.30	72.80	73.35	71.50	0.769 times
14 Tue May 2024	72.85	74.60	75.60	70.65	1.157 times
13 Mon May 2024	74.00	71.55	74.50	71.50	1.316 times
10 Fri May 2024	71.40	69.50	71.40	65.70	1.606 times
09 Thu May 2024	68.00	70.00	70.30	67.55	0.692 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 76 as stoploss in an intra day sell trade for a target of 73.43. However, stock will show a bullish move above 76.

Share price targets for Paramount Comm (PARACABLES_BE)

Target Type	Value
Downside Target	51.50
Downside Target	55.00
Downside Target	59.00
Downside Target	65.70
Downside Target	68.50
Downside Target	70.65
Downside Target	75.15
Upside Target	76.25
Upside Target	76.35
Upside Target	76.95
Upside Target	78.95
Upside Target	81.40

Intraday share price targets for Paramount Comm (PARACABLES_BE)

Target Type	Value
Downside Intraday Target	72.68
Downside Intraday Target	70.22
Upside Intraday Target	76.38
Upside Intraday Target	77.62
Downside Intraday Target	73.92

Weekly technical analysis of Paramount Comm (PARACABLES_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed May 2024	75.15	73.50	75.15	71.45	0.534 times
18 Sat May 2024	73.05	71.55	75.60	70.65	0.877 times
10 Fri May 2024	71.40	74.60	75.50	65.70	0.842 times
03 Fri May 2024	74.60	78.10	78.95	71.25	1.739 times
26 Fri Apr 2024	77.80	80.00	81.40	76.35	1.284 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 Paramount Comm (PARACABLES_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Wed May 2024	75.15	72.05	76.95	65.70	2.139 times
30 Tue Apr 2024	73.85	80.00	81.40	72.30	0.426 times
24 Fri Nov 2023	62.30	55.85	68.50	55.00	0.659 times
31 Tue Oct 2023	55.40	62.95	66.50	51.50	0.6 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Paramount Comm (PARACABLES_BE)

Price action analysis of Paramount Comm ( (PARACABLES_BE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Paramount Comm ( (PARACABLES_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 Paramount Comm ( (PARACABLES_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 Paramount Comm stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

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

Paramount Comm Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Paramount Comm in short term and BUY 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 Paramount Comm is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 72.54 and Paramount Comm (PARACABLES_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Paramount Comm (PARACABLES_BE) stock. Volume based technical analysis of Paramount Comm (PARACABLES_BE) stock is negative.

Paramount Comm Stock is giving positive 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.