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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 75402

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 69.77 70.01 70.87 69.26 0.352 times
07 Tue May 2024 70.01 71.50 73.00 69.90 0.533 times
06 Mon May 2024 72.73 72.56 75.20 72.10 0.979 times
03 Fri May 2024 74.68 76.91 77.00 73.82 0.411 times
02 Thu May 2024 75.40 72.42 76.84 71.80 0.5 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 73.3, but if it comes above 73.3, then a intra day buy could be more profitable.
If you take a sell trade below 73.3, then use 73.3 as stoploss and 66.9 as target. However if you take a buy trade in stock , then use 73.3 as stoploss and 78.53 as target.

Share price targets for Paramount Co (ParamountCo)

Target Type Value
Downside Target 63.02
Downside Target 68.35
Upside Target 71.80
Upside Target 75.20
Upside Target 82.35
Upside Target 83.85
Upside Target 84.40
Upside Target 87.58
Upside Target 95.85
Upside Target 111.45
Upside Target 116.70

Intraday share price targets for Paramount Co (ParamountCo)

Target Type Value
Downside Intraday Target 67.62
Downside Intraday Target 65.47
Upside Intraday Target 73.56
Upside Intraday Target 77.35
Upside Intraday Target 71.41

Weekly technical analysis of Paramount Co (ParamountCo)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 69.77 72.56 75.20 69.26 0.358 times
03 Fri May 2024 74.68 78.99 78.99 71.80 1.118 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

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
08 Wed May 2024 69.77 72.42 77.00 69.26 0.056 times
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

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 Co (ParamountCo)

Indicator Name Indicator Value Indicator Signal
ADX 13, 32, 41 Sell
MACD -4, -3Sell
Stochastics 4Sell
CCI -143Sell
RSI 56Buy
OBV 166809Sell
VWAP 75Sell
ADL 0Sell
ROC -12Sell
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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 74.68 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.

Click here for Paramount Co charts

Click here for further forecast and predictions for tomorrow

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