(Parmax) Parmax complete technical analysis [charts+indicators] | Buy/Sell Parmax | (Parmax) share price targets
Complete technical analysis of Parmax (Parmax) by charts plus indicators, forecast predictions and share price targets for Parmax (Parmax)
10 day averaged volume of Parmax is 2443
|Date||Daily Closing Price||Open||High||Low||Volume|
|14 Thu Oct 2021||42.45||41.10||43.00||39.00||1.542 times|
|13 Wed Oct 2021||42.05||43.80||44.20||40.05||0.734 times|
|12 Tue Oct 2021||42.85||40.70||43.05||40.60||0.425 times|
|11 Mon Oct 2021||41.60||43.15||44.70||39.00||1.356 times|
|08 Fri Oct 2021||42.30||43.90||43.90||42.25||0.575 times|
|07 Thu Oct 2021||43.00||41.10||43.50||40.00||1.429 times|
|06 Wed Oct 2021||41.75||43.80||43.80||41.20||0.484 times|
|05 Tue Oct 2021||42.90||43.50||43.50||41.00||1.424 times|
|04 Mon Oct 2021||41.70||42.25||42.25||39.60||1.15 times|
|01 Fri Oct 2021||40.25||39.00||41.00||37.60||1.625 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.4, but if it comes below 42.4, then a intra day sell could be more profitable.
If you take a sell trade below 42.4, then use 42.4 as stoploss and 40.5 as target. However if you take a buy trade in stock , then use 42.4 as stoploss and 44.6 as target.
Share price targets for Parmax (Parmax)
Intraday share price targets for Parmax (Parmax)
|Downside Intraday Target||39.4|
|Downside Intraday Target||36.35|
|Upside Intraday Target||45.1|
|Upside Intraday Target||47.75|
|Downside Intraday Target||42.05|
Weekly technical analysis of Parmax (Parmax)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|14 Thu Oct 2021||42.45||43.15||44.70||39.00||0.801 times|
|08 Fri Oct 2021||42.30||42.25||43.90||39.60||0.772 times|
|01 Fri Oct 2021||40.25||38.85||41.00||36.30||1.981 times|
|24 Fri Sep 2021||38.05||40.20||41.00||37.30||0.46 times|
|17 Fri Sep 2021||39.40||42.35||43.50||39.00||3.702 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 Parmax (Parmax)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|14 Thu Oct 2021||42.45||39.00||44.70||37.60||0.559 times|
|30 Thu Sep 2021||39.05||39.95||46.95||36.30||1.065 times|
|31 Tue Aug 2021||40.75||59.00||59.00||33.10||2.447 times|
|30 Fri Jul 2021||56.20||59.60||64.55||47.85||0.291 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 Parmax (Parmax)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||11, 20, 26||Sell|
Price action analysis of Parmax ( (Parmax) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Parmax ( (Parmax) ) based on a short 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 Parmax ( (Parmax) ) 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 Parmax ( (Parmax) ) 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 Parmax stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Parmax 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.
Parmax 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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Parmax in short term and SELL 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 Parmax is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 42.01 and Parmax (Parmax) 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 Parmax (Parmax) stock. Volume based technical analysis of Parmax (Parmax) stock is negative.
Parmax Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.