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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 1440

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 55.81 55.81 55.81 55.81 0.001 times
17 Fri May 2024 54.72 54.34 56.84 54.00 0.438 times
16 Thu May 2024 56.44 56.00 56.50 56.00 0.268 times
15 Wed May 2024 55.00 55.04 55.64 53.00 3.001 times
14 Tue May 2024 57.00 58.90 58.90 56.11 0.103 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56, but if it comes above 56, then a intra day buy could be more profitable.
If you take a sell trade below 56, then use 56 as stoploss and 54.4 as target. However if you take a buy trade in stock , then use 56 as stoploss and 57.31 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 54.55
Upside Target 59.00
Upside Target 59.97
Upside Target 60.00
Upside Target 61.00
Upside Target 61.95
Upside Target 69.39
Upside Target 71.90

Intraday share price targets for Paramone (Paramone)

Target Type Value
Downside Intraday Target 55.81
Downside Intraday Target 55.81
Downside Intraday Target 55.81
Downside Intraday Target 55.81
Downside Intraday Target 55.81

Weekly technical analysis of Paramone (Paramone)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 55.81 55.81 55.81 55.81 0 times
17 Fri May 2024 54.72 59.00 59.00 53.00 0.598 times
10 Fri May 2024 58.95 58.49 59.97 54.55 0.49 times
02 Thu May 2024 58.49 59.20 61.00 56.99 0.869 times
26 Fri Apr 2024 58.00 58.00 59.00 55.11 1.468 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
20 Mon May 2024 55.81 61.00 61.00 53.00 0.265 times
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

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 Paramone (Paramone)

Indicator Name Indicator Value Indicator Signal
ADX 14, 26, 31 Sell
MACD -1, -0Sell
Stochastics 36None
CCI -60Buy
RSI 46Sell
OBV 12087Sell
VWAP 57Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Paramone ( (Paramone) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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

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. Bears are weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

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

Stock of Paramone is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 57.04 and Paramone (Paramone) 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 Paramone (Paramone) stock. Volume based technical analysis of Paramone (Paramone) stock is negative.

Paramone Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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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