(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 2024-03-02 View latest technical analysis
10 day averaged volume of Paras Petro is 233049
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Sat Mar 2024 | 3.57 | 3.55 | 3.57 | 3.54 | 1.121 times |
| 01 Fri Mar 2024 | 3.40 | 3.40 | 3.40 | 3.35 | 2.873 times |
| 29 Thu Feb 2024 | 3.24 | 3.20 | 3.24 | 3.10 | 2.534 times |
| 28 Wed Feb 2024 | 3.09 | 3.09 | 3.09 | 3.09 | 1.615 times |
| 27 Tue Feb 2024 | 2.95 | 2.95 | 2.95 | 2.95 | 0.641 times |
| 26 Mon Feb 2024 | 2.81 | 2.81 | 2.81 | 2.81 | 0.223 times |
| 23 Fri Feb 2024 | 2.68 | 2.68 | 2.68 | 2.68 | 0.14 times |
| 22 Thu Feb 2024 | 2.63 | 2.63 | 2.63 | 2.63 | 0.845 times |
| 21 Wed Feb 2024 | 2.58 | 2.58 | 2.58 | 2.58 | 0.623 times |
| 20 Tue Feb 2024 | 2.53 | 2.53 | 2.53 | 2.53 | 0.149 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3.5, for a target of 3.1 or 2.79
Share price targets for Paras Petro (ParasPetro)
| Target Type | Value |
| Downside Target | 1.85 |
| Downside Target | 2.14 |
| Downside Target | 2.45 |
| Downside Target | 2.56 |
| Downside Target | 2.66 |
| Downside Target | 2.81 |
| Downside Target | 2.91 |
| Downside Target | 2.92 |
| Downside Target | 3.11 |
| Downside Target | 3.24 |
| Downside Target | 3.35 |
| Downside Target | 3.57 |
Intraday share price targets for Paras Petro (ParasPetro)
| Target Type | Value |
| Downside Intraday Target | 3.06 |
| Downside Intraday Target | 2.56 |
| Upside Intraday Target | 3.82 |
| Upside Intraday Target | 4.08 |
| Downside Intraday Target | 3.32 |
Weekly technical analysis of Paras Petro (ParasPetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Sat Mar 2024 | 3.57 | 2.81 | 3.57 | 2.81 | 4.261 times |
| 23 Fri Feb 2024 | 2.68 | 2.45 | 2.68 | 2.45 | 1.423 times |
| 16 Fri Feb 2024 | 2.45 | 2.70 | 2.70 | 2.45 | 0.632 times |
| 09 Fri Feb 2024 | 2.70 | 2.91 | 2.91 | 2.70 | 0.561 times |
| 02 Fri Feb 2024 | 2.91 | 2.72 | 2.92 | 2.72 | 3.135 times |
Price has moved up 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 |
| 02 Sat Mar 2024 | 3.57 | 3.40 | 3.57 | 3.35 | 0.314 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 |
| 29 Fri Dec 2023 | 2.18 | 2.56 | 2.56 | 2.18 | 0.451 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Paras Petro 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.
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 green color and prices are above the green 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 3.17 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 rising upwards.
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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Paras Petro 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.
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 green color and prices are above the green 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 3.17 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 rising upwards.
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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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