(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 2024-08-09 View latest technical analysis
10 day averaged volume of Companhia Paranaense is 115600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 7.47 | 7.38 | 7.48 | 7.27 | 1.591 times |
| 08 Thu Aug 2024 | 7.21 | 7.18 | 7.29 | 7.10 | 0.607 times |
| 07 Wed Aug 2024 | 7.13 | 7.30 | 7.32 | 7.13 | 0.991 times |
| 06 Tue Aug 2024 | 7.14 | 7.10 | 7.21 | 7.10 | 1.157 times |
| 05 Mon Aug 2024 | 6.93 | 6.81 | 7.00 | 6.78 | 0.87 times |
| 02 Fri Aug 2024 | 7.05 | 7.18 | 7.26 | 7.05 | 2.067 times |
| 01 Thu Aug 2024 | 7.09 | 7.13 | 7.26 | 7.07 | 1.057 times |
| 31 Wed Jul 2024 | 7.09 | 7.19 | 7.21 | 7.07 | 1.035 times |
| 30 Tue Jul 2024 | 7.20 | 7.14 | 7.22 | 7.11 | 0.699 times |
| 29 Mon Jul 2024 | 7.16 | 7.12 | 7.21 | 7.07 | 0.69 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.4, but if it comes below 7.4, then a intra day sell could be more profitable.
If you take a sell trade below 7.4, then use 7.4 as stoploss and 7.23 as target. However if you take a buy trade in stock , then use 7.4 as stoploss and 7.6 as target.
Share price targets for Companhia Paranaense (ELP)
| Target Type | Value |
| Downside Target | 6.52 |
| Downside Target | 6.78 |
| Downside Target | 7.05 |
| Downside Target | 7.46 |
| Upside Target | 7.48 |
| 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 | 7.01 |
| Downside Intraday Target | 6.54 |
| Upside Intraday Target | 7.71 |
| Upside Intraday Target | 7.94 |
| Downside Intraday Target | 7.24 |
Weekly technical analysis of Companhia Paranaense (ELP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 7.47 | 6.81 | 7.48 | 6.78 | 0.94 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 |
| 09 Fri Aug 2024 | 7.47 | 7.13 | 7.48 | 6.78 | 0.262 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 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 Companhia Paranaense ( (ELP) ) 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 Companhia Paranaense ( (ELP) ) based on a short to mid 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 Companhia Paranaense ( (ELP) ) based on a mid to longer 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.
ADX buy sell signal for Companhia Paranaense stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Companhia Paranaense 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.
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 BUY signal in short term and the buying is gaining 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 7.15 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 rising upwards.
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 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 Companhia Paranaense ( (ELP) ) 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 Companhia Paranaense ( (ELP) ) based on a short to mid 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 Companhia Paranaense ( (ELP) ) based on a mid to longer 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.
ADX buy sell signal for Companhia Paranaense stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Companhia Paranaense 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.
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 BUY signal in short term and the buying is gaining 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 7.15 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 rising upwards.
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.