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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 2024-04-05 View latest technical analysis

10 day averaged volume of Paras Petro is 31422

Date Daily Closing Price Open High Low Volume
05 Fri Apr 2024 2.75 2.75 2.75 2.75 0.971 times
04 Thu Apr 2024 2.70 2.70 2.70 2.70 0.595 times
03 Wed Apr 2024 2.65 2.63 2.65 2.63 2.3 times
02 Tue Apr 2024 2.68 2.68 2.70 2.68 1.165 times
01 Mon Apr 2024 2.73 2.73 2.73 2.73 1.655 times
28 Thu Mar 2024 2.78 2.78 2.78 2.78 1.006 times
27 Wed Mar 2024 2.83 2.83 2.83 2.83 0.61 times
26 Tue Mar 2024 2.88 2.88 2.88 2.88 0.526 times
22 Fri Mar 2024 2.93 2.93 2.93 2.93 1.09 times
21 Thu Mar 2024 2.98 2.98 2.98 2.98 0.559 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.8, but if it comes above 2.8, then a intra day buy could be more profitable.
If you take a sell trade below 2.8, then use 2.8 as stoploss and 2.4 as target. However if you take a buy trade in stock , then use 2.8 as stoploss and 3.05 as target.

Share price targets for Paras Petro (ParasPetro)

Target Type Value
Downside Target 2.14
Downside Target 2.45
Downside Target 2.56
Downside Target 2.63
Downside Target 2.75
Upside Target 2.88
Upside Target 3.11
Upside Target 3.22
Upside Target 3.24
Upside Target 3.46
Upside Target 3.53
Upside Target 3.74

Intraday share price targets for Paras Petro (ParasPetro)

Target Type Value
Downside Intraday Target 2.67
Downside Intraday Target 2.59
Upside Intraday Target 2.79
Upside Intraday Target 2.83
Downside Intraday Target 2.71

Weekly technical analysis of Paras Petro (ParasPetro)

Date Weekly Closing Price Open High Low Volume
05 Fri Apr 2024 2.75 2.73 2.75 2.63 3.122 times
28 Thu Mar 2024 2.78 2.88 2.88 2.78 0.412 times
22 Fri Mar 2024 2.93 3.16 3.16 2.93 0.689 times
15 Fri Mar 2024 3.22 3.46 3.46 3.22 0.261 times
07 Thu Mar 2024 3.53 3.74 3.74 3.53 0.432 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Paras Petro (ParasPetro)

Date Monthly Closing Price Open High Low Volume
05 Fri Apr 2024 2.75 2.73 2.75 2.63 0.091 times
28 Thu Mar 2024 2.78 3.40 3.74 2.78 0.778 times
29 Thu Feb 2024 3.24 2.92 3.24 2.45 0.534 times
31 Wed Jan 2024 2.87 2.20 3.11 2.14 1.983 times

Scroll below to view daily charts

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 Paras Petro (ParasPetro)

Price action analysis of Paras Petro ( (ParasPetro) ) 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 Paras Petro ( (ParasPetro) ) 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 Paras Petro ( (ParasPetro) ) 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 Paras Petro ( (ParasPetro) ) 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 Paras Petro stock for short term is SELL. Signal strength is Weak 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 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Paras Petro in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 Paras Petro is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.76 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 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.

Price action analysis of Paras Petro ( (ParasPetro) ) 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 Paras Petro ( (ParasPetro) ) 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 Paras Petro ( (ParasPetro) ) 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 Paras Petro ( (ParasPetro) ) 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 Paras Petro stock for short term is SELL. Signal strength is Weak 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 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Paras Petro in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 Paras Petro is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.76 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 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 Paras Petro charts

Click here for further forecast and predictions for tomorrow

Daily charts

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