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

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

10 day averaged volume of Paramount Comm is 1063430

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 68.22 69.00 69.65 68.00 0.726 times
22 Fri Nov 2024 66.81 65.91 67.50 64.50 0.686 times
21 Thu Nov 2024 65.50 67.00 67.00 64.80 0.723 times
19 Tue Nov 2024 66.77 66.30 68.65 66.01 1.794 times
18 Mon Nov 2024 65.95 68.50 68.90 65.60 1.042 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 67.1 as stoploss in an intra day buy trade for a target of 70.07. However, stock will show a bearish move below 67.1.

Share price targets for Paramount Comm (PARACABLES)

Target Type Value
Downside Target 64.50
Upside Target 72.55
Upside Target 75.76
Upside Target 75.89
Upside Target 82.57
Upside Target 85.00
Upside Target 90.15
Upside Target 92.85
Upside Target 100.63

Intraday share price targets for Paramount Comm (PARACABLES)

Target Type Value
Downside Intraday Target 67.6
Downside Intraday Target 66.97
Upside Intraday Target 69.25
Upside Intraday Target 70.27
Upside Intraday Target 68.62

Weekly technical analysis of Paramount Comm (PARACABLES)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 68.22 69.00 69.65 68.00 0.171 times
22 Fri Nov 2024 66.81 68.50 68.90 64.50 0.976 times
14 Thu Nov 2024 67.36 71.25 72.55 65.70 0.81 times
08 Fri Nov 2024 71.53 74.26 75.89 70.70 1.113 times
01 Fri Nov 2024 73.98 71.18 75.76 70.90 0.771 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 Paramount Comm (PARACABLES)

Date Monthly Closing Price Open High Low Volume
25 Mon Nov 2024 68.22 73.08 75.89 64.50 0.288 times
31 Thu Oct 2024 72.65 85.91 90.15 67.01 0.38 times
30 Mon Sep 2024 85.95 90.50 100.63 85.00 1.762 times
30 Fri Aug 2024 88.79 82.00 92.85 72.31 4.773 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 Comm (PARACABLES)

Indicator Name Indicator Value Indicator Signal
ADX 16, 23, 18 Sell
MACD -5, -5Buy
Stochastics 22Sell
CCI 16Buy
RSI 45Sell
OBV 1832919Sell
VWAP 68Buy
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Paramount Comm ( (PARACABLES) ) 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 Paramount Comm ( (PARACABLES) ) 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 Paramount Comm ( (PARACABLES) ) 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 Comm ( (PARACABLES) ) 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 Comm stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Paramount Comm in short term but the buy signal is initial and weak.

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

Paramount Comm Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Paramount Comm in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 Paramount Comm is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 67.52 and Paramount Comm (PARACABLES) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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

Paramount Comm 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.

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