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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 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)

Target Type Value
Downside Target 33.10
Downside Target 36.30
Downside Target 37.30
Downside Target 39.00
Downside Target 41.00
Upside Target 43.50
Upside Target 44.70
Upside Target 46.95
Upside Target 47.85
Upside Target 55.15
Upside Target 59.00
Upside Target 64.55
Upside Target 81.90

Intraday share price targets for Parmax (Parmax)

Target Type Value
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
MACD -1, -1Buy
Stochastics 71Buy
CCI -34Sell
RSI 45Sell
OBV 10900Sell
VWAP 42Buy
ADL 0Sell
ROC 9Buy
Force Index 0Sell

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.

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

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Daily charts

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Daily chart

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