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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 1649

Date Daily Closing Price Open High Low Volume
30 Tue Nov 2021 40.50 42.25 42.25 39.20 1.691 times
29 Mon Nov 2021 41.40 42.10 42.10 38.05 2.511 times
26 Fri Nov 2021 41.25 41.95 41.95 40.80 0.387 times
25 Thu Nov 2021 40.10 41.70 41.70 38.70 0.452 times
24 Wed Nov 2021 40.85 42.60 42.60 38.70 1.916 times
23 Tue Nov 2021 40.35 40.50 40.85 38.60 0.304 times
22 Mon Nov 2021 41.50 41.30 42.00 39.00 0.075 times
18 Thu Nov 2021 41.00 39.05 42.40 39.00 1.175 times
17 Wed Nov 2021 40.75 41.00 41.00 39.50 0.19 times
16 Tue Nov 2021 41.00 42.35 42.90 41.00 0.489 times

My analysis of stock is bearish for shortterm, and stock might move down till 39.9 or till 38.9. Use a stoploss of 40.62 and if the stock hits stoploss, then it can shoot up till 41.38

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 33.10
Downside Target 36.30
Downside Target 37.75
Upside Target 41.50
Upside Target 42.60
Upside Target 43.75
Upside Target 44.70
Upside Target 46.95
Upside Target 47.85
Upside Target 59.00
Upside Target 64.55

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 38.28
Downside Intraday Target 36.07
Upside Intraday Target 42.48
Upside Intraday Target 44.47
Downside Intraday Target 40.27

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
30 Tue Nov 2021 40.50 42.10 42.25 38.05 1.34 times
26 Fri Nov 2021 41.25 41.30 42.60 38.60 0.721 times
18 Thu Nov 2021 41.00 41.50 43.75 38.25 1.017 times
12 Fri Nov 2021 39.80 41.30 41.50 36.50 3.077 times
04 Thu Nov 2021 40.40 42.00 42.00 37.75 0.246 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
30 Tue Nov 2021 40.50 42.00 43.75 36.50 0.625 times
29 Fri Oct 2021 40.10 39.00 44.70 36.60 0.975 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

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, 17, 23 Sell
MACD -0, -0Buy
Stochastics 55None
CCI -9Buy
RSI 50Buy
OBV 9936Sell
VWAP 41Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing momentum.

MACD generated a BUY signal for Parmax in short term but the buy signal is initial and weak.

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. 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 coming down

CCI has generated a buy signal for Parmax in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 40.93 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.

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Daily charts

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