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(ParasPetro) Paras Petro complete technical analysis [charts+indicators] | Buy/Sell Paras Petro | (ParasPetro) share price targets

Complete technical analysis of Paras Petro (ParasPetro) by charts plus indicators, forecast predictions and share price targets for Paras Petro (ParasPetro)

10 day averaged volume of Paras Petro is 189939

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 3.49 3.49 3.49 3.49 0.244 times
06 Mon May 2024 3.56 3.56 3.56 3.56 0.196 times
03 Fri May 2024 3.63 3.63 3.63 3.63 0.178 times
02 Thu May 2024 3.70 3.70 3.70 3.70 0.301 times
30 Tue Apr 2024 3.77 3.77 3.77 3.77 0.201 times

My analysis of stock is bullish for shortterm, and stock might move up till 3.9 or till 4.4. Use a stoploss of 3.44 and if this stock hits its stoploss, then it can fall down till 3.02

Share price targets for Paras Petro (ParasPetro)

Target Type Value
Downside Target 2.14
Downside Target 2.45
Downside Target 2.63
Downside Target 2.78
Downside Target 2.87
Downside Target 3.11
Downside Target 3.24
Downside Target 3.49
Upside Target 3.63
Upside Target 3.70
Upside Target 3.74
Upside Target 3.84
Upside Target 4.06

Intraday share price targets for Paras Petro (ParasPetro)

Target Type Value
Downside Intraday Target 3.47
Downside Intraday Target 3.44
Upside Intraday Target 3.54
Upside Intraday Target 3.58
Upside Intraday Target 3.51

Weekly technical analysis of Paras Petro (ParasPetro)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 3.49 3.56 3.56 3.49 0.496 times
03 Fri May 2024 3.63 3.84 3.84 3.63 0.093 times
26 Fri Apr 2024 3.91 3.62 4.06 3.62 1.382 times
19 Fri Apr 2024 3.52 3.04 3.52 2.87 3.893 times
12 Fri Apr 2024 2.91 2.80 2.91 2.80 1.603 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 Petro (ParasPetro)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 3.49 3.70 3.70 3.49 0.047 times
30 Tue Apr 2024 3.77 2.73 4.06 2.63 1.626 times
28 Thu Mar 2024 2.78 3.40 3.74 2.78 0.778 times
29 Thu Feb 2024 3.24 2.92 3.24 2.45 0.534 times

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 Petro (ParasPetro)

Indicator Name Indicator Value Indicator Signal
ADX 42, 25, 25 Buy
MACD 0, 0Sell
Stochastics 11Sell
CCI -131Sell
RSI 67Buy
OBV 2622299Sell
VWAP 4Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Paras Petro ( (ParasPetro) ) based on a short term time period is

Price action analysis of Paras Petro ( (ParasPetro) ) based on a short term time period is

Price action analysis of Paras Petro ( (ParasPetro) ) based on a short to mid 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 Petro ( (ParasPetro) ) based on a mid to longer 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.

ADX buy sell signal for Paras Petro stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

Paras Petro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Paras Petro 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Paras Petro is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.9 and Paras Petro (ParasPetro) 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 Paras Petro (ParasPetro) stock. Volume based technical analysis of Paras Petro (ParasPetro) stock is negative.

Paras Petro 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.

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