(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.
10 day averaged volume of Companhia Paranaense is 234345
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 7.54 | 7.53 | 7.60 | 7.49 | 0.461 times |
| 15 Wed May 2024 | 7.49 | 7.42 | 7.55 | 7.29 | 1.09 times |
| 14 Tue May 2024 | 7.38 | 7.20 | 7.39 | 7.20 | 0.746 times |
| 13 Mon May 2024 | 7.11 | 7.14 | 7.19 | 7.11 | 0.549 times |
| 10 Fri May 2024 | 7.07 | 7.21 | 7.21 | 7.00 | 1.018 times |
| 09 Thu May 2024 | 7.15 | 7.33 | 7.33 | 7.00 | 1.489 times |
| 08 Wed May 2024 | 7.56 | 7.44 | 7.59 | 7.44 | 0.899 times |
| 07 Tue May 2024 | 7.51 | 7.61 | 7.61 | 7.49 | 1.13 times |
| 06 Mon May 2024 | 7.56 | 7.53 | 7.69 | 7.53 | 0.841 times |
| 03 Fri May 2024 | 7.53 | 7.52 | 7.62 | 7.52 | 1.176 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.5, but if it comes below 7.5, then a intra day sell could be more profitable.
If you take a sell trade below 7.5, then use 7.5 as stoploss and 7.28 as target. However if you take a buy trade in stock , then use 7.5 as stoploss and 7.7 as target.
Share price targets for Companhia Paranaense (ELP)
| Target Type | Value |
| Downside Target | 6.91 |
| Downside Target | 7.32 |
| Upside Target | 7.60 |
| Upside Target | 7.69 |
| Upside Target | 7.84 |
| Upside Target | 7.88 |
| Upside Target | 7.89 |
| Upside Target | 8.30 |
| Upside Target | 8.51 |
| Upside Target | 8.52 |
Intraday share price targets for Companhia Paranaense (ELP)
| Target Type | Value |
| Downside Intraday Target | 7.23 |
| Downside Intraday Target | 6.93 |
| Upside Intraday Target | 7.72 |
| Upside Intraday Target | 7.91 |
| Downside Intraday Target | 7.42 |
Weekly technical analysis of Companhia Paranaense (ELP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 7.54 | 7.14 | 7.60 | 7.11 | 0.529 times |
| 10 Fri May 2024 | 7.07 | 7.53 | 7.69 | 7.00 | 1.128 times |
| 03 Fri May 2024 | 7.53 | 7.19 | 7.62 | 6.96 | 1.093 times |
| 26 Fri Apr 2024 | 7.14 | 7.20 | 7.36 | 6.99 | 0.595 times |
| 19 Fri Apr 2024 | 7.31 | 7.15 | 7.32 | 6.91 | 1.086 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 |
| 16 Thu May 2024 | 7.54 | 7.08 | 7.69 | 7.00 | 0.427 times |
| 30 Tue Apr 2024 | 7.04 | 7.71 | 7.89 | 6.91 | 0.937 times |
| 28 Thu Mar 2024 | 7.72 | 8.15 | 8.30 | 7.63 | 0.991 times |
| 29 Thu Feb 2024 | 8.25 | 8.15 | 8.51 | 7.88 | 0.415 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 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 to mid 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 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 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 but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Companhia Paranaense Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
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 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 7.38 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 negative.
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 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 to mid 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 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 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 but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Companhia Paranaense Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
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 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 7.38 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.