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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 2024-08-27 View latest technical analysis

10 day averaged volume of Paramone is 3921

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	56.30	55.50	56.40	55.00	0.766 times
26 Mon Aug 2024	55.68	53.00	56.00	53.00	0.937 times
23 Fri Aug 2024	53.00	52.15	55.39	52.10	0.278 times
22 Thu Aug 2024	53.95	53.50	55.00	52.90	1.202 times
21 Wed Aug 2024	53.50	53.50	53.50	53.50	0.121 times
20 Tue Aug 2024	53.50	55.98	55.98	52.50	0.592 times
19 Mon Aug 2024	53.10	57.65	57.65	53.00	1.703 times
16 Fri Aug 2024	53.47	52.00	54.00	52.00	1.114 times
14 Wed Aug 2024	51.74	52.00	52.00	48.00	2.602 times
13 Tue Aug 2024	49.02	52.00	52.00	48.25	0.882 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 54, but if it comes below 54, then a intra day sell could be more profitable.
If you take a sell trade below 54, then use 54 as stoploss and 50.86 as target. However if you take a buy trade in stock , then use 54 as stoploss and 57.8 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
Downside Target	54.00
Upside Target	56.40
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	54.07
Downside Intraday Target	51.83
Upside Intraday Target	57.47
Upside Intraday Target	58.63
Downside Intraday Target	55.23

Weekly technical analysis of Paramone (Paramone)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	56.30	53.00	56.40	53.00	0.437 times
23 Fri Aug 2024	53.00	57.65	57.65	52.10	0.754 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

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
27 Tue Aug 2024	56.30	47.00	57.65	41.71	0.739 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 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 Paramone ( (Paramone) ) 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 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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Paramone 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 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 53.04 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.