(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 2024-04-08 View latest technical analysis
10 day averaged volume of Paras Petro is 32919
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 2.80 | 2.80 | 2.80 | 2.80 | 0.51 times |
| 05 Fri Apr 2024 | 2.75 | 2.75 | 2.75 | 2.75 | 0.926 times |
| 04 Thu Apr 2024 | 2.70 | 2.70 | 2.70 | 2.70 | 0.568 times |
| 03 Wed Apr 2024 | 2.65 | 2.63 | 2.65 | 2.63 | 2.195 times |
| 02 Tue Apr 2024 | 2.68 | 2.68 | 2.70 | 2.68 | 1.112 times |
| 01 Mon Apr 2024 | 2.73 | 2.73 | 2.73 | 2.73 | 1.58 times |
| 28 Thu Mar 2024 | 2.78 | 2.78 | 2.78 | 2.78 | 0.96 times |
| 27 Wed Mar 2024 | 2.83 | 2.83 | 2.83 | 2.83 | 0.582 times |
| 26 Tue Mar 2024 | 2.88 | 2.88 | 2.88 | 2.88 | 0.502 times |
| 22 Fri Mar 2024 | 2.93 | 2.93 | 2.93 | 2.93 | 1.04 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 2.7 as stoploss in an intra day buy trade for a target of 3.01. However, stock will show a bearish move below 2.7.
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 | 2.93 |
| Upside Target | 3.11 |
| Upside Target | 3.16 |
| Upside Target | 3.22 |
| Upside Target | 3.24 |
| Upside Target | 3.46 |
| Upside Target | 3.74 |
Intraday share price targets for Paras Petro (ParasPetro)
| Target Type | Value |
| Downside Intraday Target | 2.8 |
| Downside Intraday Target | 2.8 |
| Downside Intraday Target | 2.8 |
| Downside Intraday Target | 2.8 |
| Downside Intraday Target | 2.8 |
Weekly technical analysis of Paras Petro (ParasPetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 2.80 | 2.80 | 2.80 | 2.80 | 0.08 times |
| 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 |
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 Paras Petro (ParasPetro)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 2.80 | 2.73 | 2.80 | 2.63 | 0.098 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Paras Petro 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Paras Petro in short term and BUY signal is strong.
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 2.75 and Paras Petro (ParasPetro) 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Paras Petro 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Paras Petro in short term and BUY signal is strong.
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 2.75 and Paras Petro (ParasPetro) 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 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