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

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

Showing technical analysis as on 2023-06-06 View latest technical analysis

10 day averaged volume of Paras Petro is 57010

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Jun 2023	0.87	0.88	0.88	0.86	0.287 times
05 Mon Jun 2023	0.88	0.85	0.88	0.85	1.213 times
02 Fri Jun 2023	0.87	0.85	0.89	0.85	2.953 times
01 Thu Jun 2023	0.88	0.85	0.89	0.85	1.728 times
31 Wed May 2023	0.85	0.86	0.87	0.85	1.4 times
30 Tue May 2023	0.86	0.85	0.89	0.84	0.23 times
29 Mon May 2023	0.85	0.85	0.88	0.84	0.838 times
26 Fri May 2023	0.86	0.87	0.87	0.83	0.338 times
25 Thu May 2023	0.87	0.85	0.88	0.85	0.324 times
24 Wed May 2023	0.86	0.87	0.87	0.84	0.335 times

My analysis of stock is bullish for shortterm, and stock might move up till 0.9 or till 0.9. Use a stoploss of 0.86 and if this stock hits its stoploss, then it can fall down till 0.85

Share price targets for Paras Petro (ParasPetro)

Target Type	Value
Downside Target	0.81
Upside Target	0.88
Upside Target	0.89
Upside Target	0.90
Upside Target	0.94
Upside Target	0.95
Upside Target	0.97
Upside Target	1.02

Intraday share price targets for Paras Petro (ParasPetro)

Target Type	Value
Downside Intraday Target	0.85
Downside Intraday Target	0.84
Upside Intraday Target	0.88
Upside Intraday Target	0.9
Downside Intraday Target	0.87

Weekly technical analysis of Paras Petro (ParasPetro)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Jun 2023	0.87	0.85	0.88	0.85	0.21 times
02 Fri Jun 2023	0.87	0.85	0.89	0.84	3.629 times
26 Fri May 2023	0.86	0.88	0.88	0.83	0.353 times
19 Fri May 2023	0.88	0.85	0.88	0.83	1.135 times
12 Fri May 2023	0.85	0.90	0.90	0.82	0.656 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 Paras Petro (ParasPetro)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue Jun 2023	0.87	0.85	0.89	0.85	0.276 times
31 Wed May 2023	0.85	0.93	0.94	0.82	1.129 times
28 Fri Apr 2023	0.90	0.86	0.97	0.83	1.108 times
31 Fri Mar 2023	0.86	0.85	0.95	0.81	0.761 times

Scroll below to view daily charts

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 Paras Petro (ParasPetro)

Price action analysis of Paras Petro ( (ParasPetro) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Paras Petro ( (ParasPetro) ) 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 Paras Petro ( (ParasPetro) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Paras Petro ( (ParasPetro) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Paras Petro stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Paras Petro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Paras Petro in short term

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Paras Petro is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.87 and Paras Petro (ParasPetro) 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 Paras Petro (ParasPetro) stock. Volume based technical analysis of Paras Petro (ParasPetro) stock is negative.

Paras Petro Stock is giving positive 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.