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

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

10 day averaged volume of Paramount Co is 98953

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 73.49 76.01 77.00 72.42 2.705 times
29 Mon Apr 2024 76.23 78.99 78.99 76.00 0.573 times
26 Fri Apr 2024 77.68 77.00 79.00 77.00 0.754 times
25 Thu Apr 2024 77.82 77.57 79.80 76.00 0.788 times
24 Wed Apr 2024 77.57 81.35 81.35 77.40 0.684 times

Stock of Paramount Co (ParamountCo) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 75, but if it comes above 75, then a intra day buy could be more profitable.
If you take a sell trade below 75, then use 75 as stoploss and 69.1 as target. However if you take a buy trade in stock , then use 75 as stoploss and 79.88 as target.

Share price targets for Paramount Co (ParamountCo)

Target Type Value
Downside Target 61.76
Downside Target 63.02
Downside Target 68.35
Downside Target 72.42
Upside Target 76.00
Upside Target 77.56
Upside Target 82.35
Upside Target 87.58
Upside Target 89.00
Upside Target 95.85
Upside Target 96.45
Upside Target 111.45
Upside Target 116.70

Intraday share price targets for Paramount Co (ParamountCo)

Target Type Value
Downside Intraday Target 70.94
Downside Intraday Target 68.4
Upside Intraday Target 77.51
Upside Intraday Target 81.54
Upside Intraday Target 74.97

Weekly technical analysis of Paramount Co (ParamountCo)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 73.49 78.99 78.99 72.42 0.923 times
26 Fri Apr 2024 77.68 82.04 83.85 76.00 0.572 times
19 Fri Apr 2024 78.61 78.01 83.13 77.56 0.724 times
12 Fri Apr 2024 84.83 90.01 95.85 83.43 0.539 times
05 Fri Apr 2024 86.87 68.35 89.00 68.35 1.667 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 Co (ParamountCo)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 73.49 68.35 95.85 68.35 0.701 times
28 Thu Mar 2024 66.98 85.06 87.58 63.02 1.161 times
29 Thu Feb 2024 84.70 107.05 111.45 82.35 0.678 times
31 Wed Jan 2024 105.75 87.04 116.70 84.40 0.733 times

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 Co (ParamountCo)

Indicator Name Indicator Value Indicator Signal
ADX 19, 30, 22 Sell
MACD -2, -1Sell
Stochastics 9Sell
CCI -190Sell
RSI 54Buy
OBV 914720Sell
VWAP 77Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Paramount Co ( (ParamountCo) ) 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 Co ( (ParamountCo) ) 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 Co ( (ParamountCo) ) 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 Co ( (ParamountCo) ) 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 Co stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Paramount Co in short term and the sell signal is strong.

Paramount Co 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 Paramount Co 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

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 77.33 and Paramount Co (ParamountCo) 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 Co (ParamountCo) stock. Volume based technical analysis of Paramount Co (ParamountCo) stock is negative.

Paramount Co 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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