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Stock analysis Paramount Communications Limited PARACABLES

More indepth analysis on MunafaSutra.com

Moving Averages for Paramount Communications Limited

  • 5Day Average: 50.95
  • 12Day Average: 50.01
  • 20Day Average: 50.94
  • 50Day Average: 51.83
  • 100Day Average: 62.64
  • 150Day Average: 66.19
  • 200Day Average: 71.07

PARACABLES Indicators & signals

Indicator MACD (12,26,9)

50.97, 51.15, -0.89
Indicator MACD is in negative zone

Indicator ADX (14)

27.03, 33.57, 19.29
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PARACABLES Paramount Communications Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
14 Wed May 2025 55.82 53.79 to 56.34 2.82% 3 times
13 Tue May 2025 54.29 50.51 to 55.74 7.59% 2.93 times
12 Mon May 2025 50.46 48.70 to 50.80 7.41% 1.12 times
09 Fri May 2025 46.98 45.01 to 47.28 -0.47% 0.57 times
08 Thu May 2025 47.20 47.01 to 49.20 -1.58% 0.74 times
07 Wed May 2025 47.96 47.04 to 48.80 -1.58% 0.69 times
06 Tue May 2025 48.73 48.49 to 50.66 -3.39% 0.64 times
05 Mon May 2025 50.44 47.91 to 51.57 3.62% 1.13 times
02 Fri May 2025 48.68 48.11 to 49.78 0.58% 0.48 times
30 Wed Apr 2025 48.40 48.12 to 51.00 -3.47% 0.9 times
29 Tue Apr 2025 50.14 49.50 to 52.30 -1.8% 0.8 times
28 Mon Apr 2025 51.06 50.20 to 52.00 -0.43% 0.48 times

Technical analysis forecast of Paramount Communications Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Paramount Communications Limited PARACABLES at this time. Stock is rising and might rise more.

It appears as if Paramount Communications Limited PARACABLES gave a large move recently.

Stock of Paramount Communications Limited (PARACABLES) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

Although my analysis for Paramount Communications Limited 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 56.1, for a target of 53.3 or 50.87

More indepth analysis on MunafaSutra.com