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

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

10 day averaged volume of Paramone is 4417

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 58.91 58.25 59.49 58.25 0.695 times
29 Mon Apr 2024 58.31 59.20 59.99 56.99 1.928 times
26 Fri Apr 2024 58.00 58.00 58.00 57.00 0.256 times
25 Thu Apr 2024 58.40 58.99 59.00 57.03 0.959 times
24 Wed Apr 2024 57.85 55.11 59.00 55.11 2.056 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 58.7, but if it comes below 58.7, then a intra day sell could be more profitable.
If you take a sell trade below 58.7, then use 58.7 as stoploss and 57.34 as target. However if you take a buy trade in stock , then use 58.7 as stoploss and 60.3 as target.

Share price targets for Paramone (Paramone)

Target Type Value
Downside Target 49.00
Downside Target 50.60
Downside Target 52.00
Downside Target 54.61
Upside Target 59.00
Upside Target 60.00
Upside Target 60.50
Upside Target 61.95
Upside Target 68.00
Upside Target 69.39
Upside Target 71.90

Intraday share price targets for Paramone (Paramone)

Target Type Value
Downside Intraday Target 57.27
Downside Intraday Target 55.63
Upside Intraday Target 60.27
Upside Intraday Target 61.63
Downside Intraday Target 58.63

Weekly technical analysis of Paramone (Paramone)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 58.91 59.20 59.99 56.99 0.529 times
26 Fri Apr 2024 58.00 58.00 59.00 55.11 1.468 times
19 Fri Apr 2024 57.72 57.00 60.50 55.80 0.909 times
12 Fri Apr 2024 57.00 55.06 61.95 55.06 0.836 times
05 Fri Apr 2024 58.00 55.00 59.50 52.00 0.365 times

Price has moved up 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 Paramone (Paramone)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 58.91 55.00 61.95 52.00 0.237 times
28 Thu Mar 2024 54.11 59.74 60.00 49.00 1.812 times
29 Thu Feb 2024 58.01 62.90 69.39 50.60 0.609 times
31 Wed Jan 2024 59.48 57.00 71.90 56.50 1.104 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 Paramone (Paramone)

Indicator Name Indicator Value Indicator Signal
ADX 24, 9, 48 Buy
MACD 1, 1Buy
Stochastics 61None
CCI 133Buy
RSI 48Sell
OBV 48802Sell
VWAP 58Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Paramone ( (Paramone) ) based on a short 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 Paramone ( (Paramone) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Paramone ( (Paramone) ) based on a short to mid term time period is

Price action analysis of Paramone ( (Paramone) ) 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 Paramone stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Paramone 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 stronger in this stock.

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

CCI has generated a buy signal for Paramone in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 Paramone is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 57.8 and Paramone (Paramone) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Paramone (Paramone) stock. Volume based technical analysis of Paramone (Paramone) stock is negative.

Paramone 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.

Click here for Paramone charts

Click here for further forecast and predictions for tomorrow

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