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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)

Showing technical analysis as on 2024-04-23 View latest technical analysis

10 day averaged volume of Paramount Comm is 271853

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	79.25	80.00	81.40	78.95	1.071 times
24 Fri Nov 2023	62.30	62.70	63.00	61.25	0.592 times
23 Thu Nov 2023	61.75	63.00	63.00	60.50	0.594 times
22 Wed Nov 2023	62.35	63.50	64.00	61.25	0.683 times
21 Tue Nov 2023	62.45	62.45	63.50	61.45	0.598 times
20 Mon Nov 2023	61.80	61.60	62.90	61.00	1.123 times
17 Fri Nov 2023	62.10	63.50	64.45	61.20	1.705 times
16 Thu Nov 2023	63.50	66.00	66.50	62.70	1.377 times
15 Wed Nov 2023	65.55	64.50	65.90	64.35	1.341 times
13 Mon Nov 2023	63.30	64.95	65.00	63.00	1.283 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 73.1, for a target of 67.9 or 63.53

Share price targets for Paramount Comm (PARACABLES_BE)

Target Type	Value
Downside Target	51.50
Downside Target	54.50
Downside Target	59.00
Downside Target	60.50
Downside Target	64.00
Downside Target	66.50
Downside Target	68.50
Downside Target	76.25
Downside Target	78.95
Upside Target	81.40

Intraday share price targets for Paramount Comm (PARACABLES_BE)

Target Type	Value
Downside Intraday Target	78.33
Downside Intraday Target	77.42
Upside Intraday Target	80.78
Upside Intraday Target	82.32
Upside Intraday Target	79.87

Weekly technical analysis of Paramount Comm (PARACABLES_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	79.25	80.00	81.40	78.95	0.298 times
24 Fri Nov 2023	62.30	61.60	64.00	60.50	0.56 times
17 Fri Nov 2023	62.10	65.90	66.50	61.20	0.799 times
10 Fri Nov 2023	64.05	65.70	68.50	61.75	1.462 times
03 Fri Nov 2023	64.10	56.15	64.10	54.50	0.679 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
23 Tue Apr 2024	79.25	80.00	81.40	78.95	0.05 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
29 Fri Sep 2023	62.95	59.95	76.25	59.00	2.866 times

Scroll below to view daily charts

Price has moved up 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Paramount Comm in short term and the buy signal is strong.

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

Paramount Comm 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. Bears are weakening, and bulls are picking up momentum!

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Paramount Comm is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 64.65 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.