Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-16 View latest technical analysis

10 day averaged volume of Paras Petro is 47172

Date Daily Closing Price Open High Low Volume
16 Fri Aug 2024 3.50 3.55 3.55 3.50 1.066 times
14 Wed Aug 2024 3.56 3.56 3.60 3.56 1.263 times
13 Tue Aug 2024 3.63 3.56 3.63 3.56 0.433 times
12 Mon Aug 2024 3.56 3.56 3.57 3.56 0.895 times
09 Fri Aug 2024 3.63 3.70 3.70 3.63 1.181 times
08 Thu Aug 2024 3.70 3.77 3.77 3.70 2.823 times
07 Wed Aug 2024 3.77 3.77 3.77 3.77 0.473 times
06 Tue Aug 2024 3.84 3.84 3.84 3.84 0.431 times
05 Mon Aug 2024 3.91 3.91 3.91 3.91 0.929 times
02 Fri Aug 2024 3.98 3.98 3.98 3.98 0.848 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.6, but if it comes above 3.6, then a intra day buy could be more profitable.
If you take a sell trade below 3.6, then use 3.6 as stoploss and 3.3 as target. However if you take a buy trade in stock , then use 3.6 as stoploss and 3.84 as target.

Share price targets for Paras Petro (ParasPetro)

Target Type Value
Downside Target 2.63
Downside Target 3.04
Downside Target 3.25
Downside Target 3.32
Downside Target 3.50
Upside Target 3.63
Upside Target 3.88
Upside Target 4.06
Upside Target 4.23
Upside Target 4.33
Upside Target 4.60

Intraday share price targets for Paras Petro (ParasPetro)

Target Type Value
Downside Intraday Target 3.46
Downside Intraday Target 3.41
Upside Intraday Target 3.59
Upside Intraday Target 3.67
Upside Intraday Target 3.54

Weekly technical analysis of Paras Petro (ParasPetro)

Date Weekly Closing Price Open High Low Volume
16 Fri Aug 2024 3.50 3.56 3.63 3.50 0.627 times
09 Fri Aug 2024 3.63 3.91 3.91 3.63 0.48 times
02 Fri Aug 2024 3.98 4.23 4.60 3.98 0.517 times
26 Fri Jul 2024 4.23 3.67 4.23 3.32 10.203 times
19 Fri Jul 2024 3.67 3.88 3.88 3.67 0.306 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
16 Fri Aug 2024 3.50 4.06 4.06 3.50 0.201 times
31 Wed Jul 2024 4.14 3.70 4.60 3.32 1.998 times
28 Fri Jun 2024 3.72 3.26 4.33 3.25 1.29 times
31 Fri May 2024 3.11 3.70 3.70 3.04 0.269 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Paras Petro ( (ParasPetro) ) based on a mid to longer 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.

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 coming down

CCI has generated a SELL signal for Paras Petro in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 3.69 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 negative.

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Paras Petro ( (ParasPetro) ) based on a mid to longer 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.

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 coming down

CCI has generated a SELL signal for Paras Petro in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 3.69 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 negative.

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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme