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(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 753

Date Daily Closing Price Open High Low Volume
08 Wed Feb 2023 32.30 33.00 33.00 32.20 0.817 times
07 Tue Feb 2023 33.85 33.85 34.00 32.25 0.328 times
06 Mon Feb 2023 33.85 33.20 33.95 30.95 0.251 times
03 Fri Feb 2023 32.55 33.00 34.95 32.30 1.019 times
02 Thu Feb 2023 34.00 33.80 35.90 33.80 0.997 times
01 Wed Feb 2023 35.55 34.70 35.70 33.15 1.762 times
31 Tue Jan 2023 34.00 33.30 36.45 33.30 1.093 times
30 Mon Jan 2023 35.00 36.10 36.10 35.00 0.587 times
27 Fri Jan 2023 36.80 35.10 36.85 33.35 2.574 times
25 Wed Jan 2023 35.10 35.25 36.95 34.20 0.636 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 31.8, for a target of 33.9 or 35.68

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 27.55
Downside Target 30.55
Downside Target 32.30
Upside Target 33.30
Upside Target 35.25
Upside Target 36.95
Upside Target 39.00
Upside Target 39.05
Upside Target 39.45
Upside Target 40.95
Upside Target 43.90
Upside Target 57.60

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 30.83
Downside Intraday Target 29.37
Upside Intraday Target 33.88
Upside Intraday Target 35.47
Upside Intraday Target 32.42

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
08 Wed Feb 2023 32.30 33.20 34.00 30.95 0.256 times
03 Fri Feb 2023 32.55 36.10 36.45 32.30 1.202 times
27 Fri Jan 2023 36.80 36.95 36.95 33.35 0.328 times
20 Fri Jan 2023 35.70 36.50 39.05 35.25 1.206 times
13 Fri Jan 2023 37.10 38.95 39.45 35.85 0.331 times

Price has moved down 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
08 Wed Feb 2023 32.30 34.70 35.90 30.95 0.078 times
31 Tue Jan 2023 34.00 38.00 40.95 33.30 0.282 times
30 Fri Dec 2022 38.70 35.50 57.60 27.55 9.296 times
30 Wed Nov 2022 35.50 36.85 39.00 28.05 0.605 times

Scroll below to view daily charts

Price has moved down 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 6, 23, 59 Sell
MACD -2, -2Sell
Stochastics 40None
CCI -118Sell
RSI 55Buy
OBV -9368Sell
VWAP 35Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

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 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 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 mid to longer 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.

ADX buy sell signal for Parmax stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Parmax in short term and the sell signal is strong.

Parmax 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Parmax in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 34.82 and Parmax (Parmax) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Parmax (Parmax) stock. Volume based technical analysis of Parmax (Parmax) stock is negative.

Parmax Stock has given negative 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.

Click here for Parmax charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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