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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 2024-05-10 View latest technical analysis

10 day averaged volume of Paramount Comm is 406864

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri May 2024	71.40	69.50	71.40	65.70	1.257 times
09 Thu May 2024	68.00	70.00	70.30	67.55	0.541 times
08 Wed May 2024	69.65	70.80	70.80	69.00	1.168 times
07 Tue May 2024	70.05	73.50	73.50	69.50	0.949 times
06 Mon May 2024	72.85	74.60	75.50	72.55	0.593 times
03 Fri May 2024	74.60	76.50	76.95	73.25	0.747 times
02 Thu May 2024	75.55	72.05	75.90	71.25	1.634 times
30 Tue Apr 2024	73.85	77.50	77.50	72.30	1.872 times
29 Mon Apr 2024	76.10	78.10	78.95	75.00	1.104 times
26 Fri Apr 2024	77.80	79.00	79.00	77.40	0.614 times

My analysis of stock is bullish for shortterm, and stock might move up till 76.3 or till 83.9. Use a stoploss of 70.02 and if this stock hits its stoploss, then it can fall down till 63.73

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	65.70
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	66.23
Downside Intraday Target	61.07
Upside Intraday Target	76.03
Upside Intraday Target	80.67
Downside Intraday Target	70.87

Weekly technical analysis of Paramount Comm (PARACABLES_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
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
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
10 Fri May 2024	71.40	72.05	76.95	65.70	1.137 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Paramount Comm 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 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 but BUY signal is weak.

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 73.17 and Paramount Comm (PARACABLES_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 Paramount Comm (PARACABLES_BE) stock. Volume based technical analysis of Paramount Comm (PARACABLES_BE) stock is negative.

Paramount Comm Stock has given negative 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.