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

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

10 day averaged volume of Paramount Comm is 1189148

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 66.77 66.30 68.65 66.01 1.605 times
18 Mon Nov 2024 65.95 68.50 68.90 65.60 0.931 times
14 Thu Nov 2024 67.36 66.20 69.30 66.20 0.804 times
13 Wed Nov 2024 66.20 69.40 69.40 65.70 1.327 times
12 Tue Nov 2024 68.50 70.97 71.67 68.05 0.994 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67.8, but if it comes above 67.8, then a intra day buy could be more profitable.
If you take a sell trade below 67.8, then use 67.8 as stoploss and 64.6 as target. However if you take a buy trade in stock , then use 67.8 as stoploss and 70.43 as target.

Share price targets for Paramount Comm (PARACABLES)

Target Type Value
Downside Target 65.60
Upside Target 68.90
Upside Target 70.70
Upside Target 75.76
Upside Target 75.89
Upside Target 82.57
Upside Target 85.00
Upside Target 90.15
Upside Target 92.85
Upside Target 100.63

Intraday share price targets for Paramount Comm (PARACABLES)

Target Type Value
Downside Intraday Target 65.28
Downside Intraday Target 63.79
Upside Intraday Target 68.58
Upside Intraday Target 70.39
Upside Intraday Target 67.09

Weekly technical analysis of Paramount Comm (PARACABLES)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 66.77 68.50 68.90 65.60 0.652 times
14 Thu Nov 2024 67.36 71.25 72.55 65.70 0.81 times
08 Fri Nov 2024 71.53 74.26 75.89 70.70 1.113 times
01 Fri Nov 2024 73.98 71.18 75.76 70.90 0.771 times
30 Wed Oct 2024 73.13 69.00 75.76 67.01 0.665 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 Paramount Comm (PARACABLES)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 66.77 73.08 75.89 65.60 0.247 times
31 Thu Oct 2024 72.65 85.91 90.15 67.01 0.38 times
30 Mon Sep 2024 85.95 90.50 100.63 85.00 1.762 times
30 Fri Aug 2024 88.79 82.00 92.85 72.31 4.773 times

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 Paramount Comm (PARACABLES)

Indicator Name Indicator Value Indicator Signal
ADX 10, 26, 46 Sell
MACD -6, -5Sell
Stochastics 10Sell
CCI -79Buy
RSI 45Sell
OBV 4630640Sell
VWAP 69Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Paramount Comm ( (PARACABLES) ) 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 Paramount Comm ( (PARACABLES) ) 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 Paramount Comm ( (PARACABLES) ) 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 Paramount Comm ( (PARACABLES) ) 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 Paramount Comm stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Paramount Comm in short term and the sell signal is strong.

Paramount Comm 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Paramount Comm in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Paramount Comm is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 69.36 and Paramount Comm (PARACABLES) 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 Paramount Comm (PARACABLES) stock. Volume based technical analysis of Paramount Comm (PARACABLES) stock is negative.

Paramount Comm 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.

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