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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 2024-05-06 View latest technical analysis

10 day averaged volume of Paramount Comm is 375499

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	72.85	74.60	75.50	72.55	0.642 times
03 Fri May 2024	74.60	76.50	76.95	73.25	0.809 times
02 Thu May 2024	75.55	72.05	75.90	71.25	1.77 times
30 Tue Apr 2024	73.85	77.50	77.50	72.30	2.028 times
29 Mon Apr 2024	76.10	78.10	78.95	75.00	1.197 times
26 Fri Apr 2024	77.80	79.00	79.00	77.40	0.665 times
25 Thu Apr 2024	77.40	78.00	79.40	76.40	0.844 times
24 Wed Apr 2024	77.55	80.00	80.90	76.35	1.054 times
23 Tue Apr 2024	79.25	80.00	81.40	78.95	0.775 times
24 Fri Nov 2023	62.30	62.70	63.00	61.25	0.429 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 75.6 as stoploss in an intra day sell trade for a target of 68.97. However, stock will show a bullish move above 75.6.

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	60.50
Downside Target	64.00
Downside Target	66.50
Downside Target	68.50
Downside Target	71.25
Upside Target	75.50
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	71.77
Downside Intraday Target	70.68
Upside Intraday Target	74.72
Upside Intraday Target	76.58
Upside Intraday Target	73.63

Weekly technical analysis of Paramount Comm (PARACABLES_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	72.85	74.60	75.50	72.55	0.111 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
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

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 Paramount Comm (PARACABLES_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Mon May 2024	72.85	72.05	76.95	71.25	0.491 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 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 Paramount Comm (PARACABLES_BE)

Price action analysis of Paramount Comm ( (PARACABLES_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 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 losing momentum.

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

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Paramount Comm 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 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 75.26 and Paramount Comm (PARACABLES_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 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.