ELP NEWS why is Companhia Paranaense De Energia (copel) price falling or rising

ELP NEWS reasons for why stock price of Companhia Paranaense De Energia (copel) is falling or rising

ELP Companhia Paranaense is falling or rising technical reasons

Technical analysis forecast for Companhia Paranaense Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Companhia Paranaense ELP at this time. Stock is falling and might fall more.

It appears as if Companhia Paranaense ELP gave a large move recently.

Stock of Companhia Paranaense (ELP) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Companhia Paranaense is bearish for shortterm, and stock might move down till 6.7 or till 6.5. Use a stoploss of 6.92 and if the stock hits stoploss, then it can shoot up till 7.09

ELP Companhia Paranaense is falling or rising NEWS fundamental reasons

Demerger will help secure synergies in EVs, autonomous vehicles: TaMo chief PV business will invest in vehicle platforms, products; CV business will focus on spares, smart mobility solutions to reduce the volatility of vehicle sales - NEWS as on 2024-06-24 business-standard.com

Tax parity for IFSC funds to help HNIs avoid US inheritance levy Wealthy Indians can use GIFT City to avoid US inheritance tax on offshore investments. IFSCA is seeking tax parity for funds in GIFT City to attract HNI investors. - NEWS as on 2024-06-19 indiatimes.com

Cushman & Wakefield launches advisory platform to help firms set up capability centres Global property consultant Cushman & Wakefield on Wednesday announced the launch of an integrated advisory platform to help multi-national companies set up Global Capability Centres (GCCs) in India, Philippines and some other countries. At present, the - NEWS as on 2024-06-19 indiatimes.com

Over 50 high-impact growth projects to help Vedanta achieve bn Ebitda Mining conglomerate Vedanta Group's strategic roadmap to a USD 10 billion near-term EBITDA will be powered by timely execution of over 50 high-impact growth projects, including those in zinc, aluminum, oil and gas and power businesses. These projects are a - NEWS as on 2024-06-17 business-standard.com

More announcements and NEWS

ELP Companhia Paranaense De Energia (copel) current price & indicator signals

Moving Averages for Companhia Paranaense De Energia (copel)

  • 5Day Average: 6.73
  • 12Day Average: 6.82
  • 20Day Average: 6.94
  • 50Day Average: 7.14
  • 100Day Average: 7.57
  • 150Day Average: 8.04
  • 200Day Average: 8.19

ELP Indicators & signals

Indicator MACD (12,26,9)

6.85, 6.99, -0.14
Indicator MACD is in negative zone

Indicator ADX (14)

6.67, 44.44, 38.89
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 43
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ELP Companhia Paranaense De Energia (copel) are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
24 Mon Jun 2024 6.85 6.81 to 6.96 1.18% 0.65 times
21 Fri Jun 2024 6.77 6.66 to 6.81 2.42% 1.3 times
20 Thu Jun 2024 6.61 6.57 to 6.80 -1.49% 1.13 times
18 Tue Jun 2024 6.71 6.70 to 6.81 0% 0.77 times
18 Tue Jun 2024 6.71 6.70 to 6.81 -1.03% 0.77 times
17 Mon Jun 2024 6.78 6.78 to 6.87 -1.88% 0.52 times
14 Fri Jun 2024 6.91 6.78 to 6.96 0.29% 0.69 times
13 Thu Jun 2024 6.89 6.80 to 6.97 1.17% 0.72 times
12 Wed Jun 2024 6.81 6.69 to 6.93 -2.16% 2.79 times
11 Tue Jun 2024 6.96 6.91 to 7.01 0.58% 0.56 times
10 Mon Jun 2024 6.92 6.79 to 6.92 -0.43% 0.77 times
07 Fri Jun 2024 6.95 6.94 to 7.11 -2.93% 0.55 times

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ELP NEWS why is Companhia Paranaense De Energia (copel) price falling or rising

 

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