(ELP) Companhia Paranaense complete technical analysis [charts+indicators] | Buy/Sell Companhia Paranaense | (ELP) share price targets
Complete technical analysis of Companhia Paranaense (ELP) by charts plus indicators, forecast predictions and share price targets for Companhia Paranaense (ELP)
Companhia Paranaense trades in USA in Public Utilities sector.
Showing technical analysis as on 2024-08-08 View latest technical analysis
10 day averaged volume of Companhia Paranaense is 117210
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 7.21 | 7.18 | 7.29 | 7.10 | 0.599 times |
| 07 Wed Aug 2024 | 7.13 | 7.30 | 7.32 | 7.13 | 0.978 times |
| 06 Tue Aug 2024 | 7.14 | 7.10 | 7.21 | 7.10 | 1.142 times |
| 05 Mon Aug 2024 | 6.93 | 6.81 | 7.00 | 6.78 | 0.858 times |
| 02 Fri Aug 2024 | 7.05 | 7.18 | 7.26 | 7.05 | 2.039 times |
| 01 Thu Aug 2024 | 7.09 | 7.13 | 7.26 | 7.07 | 1.043 times |
| 31 Wed Jul 2024 | 7.09 | 7.19 | 7.21 | 7.07 | 1.02 times |
| 30 Tue Jul 2024 | 7.20 | 7.14 | 7.22 | 7.11 | 0.689 times |
| 29 Mon Jul 2024 | 7.16 | 7.12 | 7.21 | 7.07 | 0.681 times |
| 26 Fri Jul 2024 | 7.13 | 7.09 | 7.17 | 7.06 | 0.814 times |
My analysis of stock is bearish for shortterm, and stock might move down till 7.1 or till 6.8. Use a stoploss of 7.23 and if the stock hits stoploss, then it can shoot up till 7.41
Share price targets for Companhia Paranaense (ELP)
| Target Type | Value |
| Downside Target | 6.52 |
| Downside Target | 6.78 |
| Downside Target | 7.05 |
| Upside Target | 7.32 |
| Upside Target | 7.46 |
| Upside Target | 7.60 |
| Upside Target | 7.61 |
| Upside Target | 7.69 |
| Upside Target | 7.89 |
Intraday share price targets for Companhia Paranaense (ELP)
| Target Type | Value |
| Downside Intraday Target | 6.89 |
| Downside Intraday Target | 6.56 |
| Upside Intraday Target | 7.43 |
| Upside Intraday Target | 7.64 |
| Downside Intraday Target | 7.1 |
Weekly technical analysis of Companhia Paranaense (ELP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 7.21 | 6.81 | 7.32 | 6.78 | 0.654 times |
| 02 Fri Aug 2024 | 7.05 | 7.12 | 7.26 | 7.05 | 1.012 times |
| 26 Fri Jul 2024 | 7.13 | 7.33 | 7.46 | 7.06 | 0.921 times |
| 19 Fri Jul 2024 | 7.24 | 7.48 | 7.61 | 7.16 | 0.52 times |
| 12 Fri Jul 2024 | 7.55 | 7.08 | 7.60 | 7.08 | 5.03 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 Companhia Paranaense (ELP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 7.21 | 7.13 | 7.32 | 6.78 | 0.212 times |
| 31 Wed Jul 2024 | 7.09 | 6.67 | 7.61 | 6.52 | 0.966 times |
| 28 Fri Jun 2024 | 6.69 | 6.93 | 7.27 | 6.55 | 0.713 times |
| 31 Fri May 2024 | 6.94 | 7.08 | 7.69 | 6.81 | 0.875 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 Companhia Paranaense (ELP)
Price action analysis of Companhia Paranaense ( (ELP) ) 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 Companhia Paranaense ( (ELP) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Companhia Paranaense ( (ELP) ) 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 Companhia Paranaense ( (ELP) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Companhia Paranaense stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Companhia Paranaense in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Companhia Paranaense 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 Companhia Paranaense in short term and BUY signal is strong.
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 Companhia Paranaense is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.1 and Companhia Paranaense (ELP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Companhia Paranaense (ELP) stock. Volume based technical analysis of Companhia Paranaense (ELP) stock is negative.
Companhia Paranaense 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 Companhia Paranaense ( (ELP) ) 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 Companhia Paranaense ( (ELP) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Companhia Paranaense ( (ELP) ) 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 Companhia Paranaense ( (ELP) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Companhia Paranaense stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Companhia Paranaense in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Companhia Paranaense 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 Companhia Paranaense in short term and BUY signal is strong.
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 Companhia Paranaense is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.1 and Companhia Paranaense (ELP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Companhia Paranaense (ELP) stock. Volume based technical analysis of Companhia Paranaense (ELP) stock is negative.
Companhia Paranaense 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.