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Stock analysis Paramount Communications Limited PARACABLES

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Moving Averages for Paramount Communications Limited

  • 5Day Average: 50
  • 12Day Average: 49.81
  • 20Day Average: 51.14
  • 50Day Average: 56.26
  • 100Day Average: 66.76
  • 150Day Average: 70.62
  • 200Day Average: 73.25

PARACABLES Indicators & signals

Indicator MACD (12,26,9)

50.4, 52.22, -2.42
Indicator MACD is in negative zone

Indicator ADX (14)

6.57, 22.38, 25.52
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 42
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
17 Thu Apr 2025 51.62 51.30 to 52.25 0.08% 0.77 times
16 Wed Apr 2025 51.58 51.21 to 52.85 0.62% 1.29 times
15 Tue Apr 2025 51.26 49.75 to 51.45 5.56% 0.67 times
11 Fri Apr 2025 48.56 47.92 to 49.40 3.36% 0.84 times
09 Wed Apr 2025 46.98 46.50 to 48.00 -2% 0.38 times
08 Tue Apr 2025 47.94 46.93 to 48.59 3.56% 0.78 times
07 Mon Apr 2025 46.29 44.10 to 46.98 -6.8% 1.5 times
04 Fri Apr 2025 49.67 49.11 to 51.87 -4.22% 1.6 times
03 Thu Apr 2025 51.86 50.00 to 52.15 1.11% 0.55 times
02 Wed Apr 2025 51.29 49.60 to 52.20 0.1% 1.14 times
01 Tue Apr 2025 51.24 49.05 to 51.46 3.72% 1.24 times
28 Fri Mar 2025 49.40 49.10 to 53.21 -3.36% 2.41 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.

My analysis of Paramount Communications Limited is bullish for shortterm, and stock might move up till 53.9 or till 57. Use a stoploss of 51.29 and if this stock hits its stoploss, then it can fall down till 48.7

More indepth analysis on MunafaSutra.com