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

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

Showing technical analysis as on 2024-08-21 View latest technical analysis

10 day averaged volume of Paramone is 6076

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	53.50	53.50	53.50	53.50	0.078 times
20 Tue Aug 2024	53.50	55.98	55.98	52.50	0.382 times
19 Mon Aug 2024	53.10	57.65	57.65	53.00	1.099 times
16 Fri Aug 2024	53.47	52.00	54.00	52.00	0.719 times
14 Wed Aug 2024	51.74	52.00	52.00	48.00	1.679 times
13 Tue Aug 2024	49.02	52.00	52.00	48.25	0.569 times
12 Mon Aug 2024	50.07	50.23	52.00	50.00	0.368 times
09 Fri Aug 2024	50.23	52.00	53.00	47.16	2.386 times
08 Thu Aug 2024	48.50	50.90	51.72	48.45	0.12 times
07 Wed Aug 2024	50.92	53.95	53.95	48.12	0.04 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 52, but if it comes below 52, then a intra day sell could be more profitable.
If you take a sell trade below 52, then use 52 as stoploss and 49.24 as target. However if you take a buy trade in stock , then use 52 as stoploss and 55.4 as target.

Share price targets for Paramone (Paramone)

Target Type	Value
Downside Target	41.56
Downside Target	43.90
Downside Target	48.00
Downside Target	52.00
Upside Target	53.95
Upside Target	54.00
Upside Target	56.50
Upside Target	57.65
Upside Target	61.00
Upside Target	61.95

Intraday share price targets for Paramone (Paramone)

Target Type	Value
Downside Intraday Target	51.45
Downside Intraday Target	49.4
Upside Intraday Target	56.6
Upside Intraday Target	59.7
Upside Intraday Target	54.55

Weekly technical analysis of Paramone (Paramone)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	53.50	57.65	57.65	52.50	0.468 times
16 Fri Aug 2024	53.47	50.23	54.00	48.00	0.575 times
09 Fri Aug 2024	50.23	43.90	53.95	43.90	2.035 times
02 Fri Aug 2024	43.89	47.01	48.95	41.71	1.039 times
26 Fri Jul 2024	47.01	45.50	49.68	44.00	0.492 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 Paramone (Paramone)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	53.50	47.00	57.65	41.71	0.641 times
31 Wed Jul 2024	47.36	50.55	54.00	44.00	0.64 times
28 Fri Jun 2024	52.12	54.00	56.50	41.56	5.194 times
31 Fri May 2024	54.00	61.00	61.00	52.15	0.452 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 Paramone (Paramone)

Price action analysis of Paramone ( (Paramone) ) 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 Paramone ( (Paramone) ) based on a short to mid 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 Paramone ( (Paramone) ) 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 Paramone stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Paramone in short term and the buy signal is strong.

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

Paramone 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Paramone in short term but SELL signal is weak.

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 51.39 and Paramone (Paramone) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

Paramone Stock is giving positive 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.