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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 1057

Date Daily Closing Price Open High Low Volume
06 Tue Dec 2022 36.75 36.85 36.85 36.75 0.426 times
05 Mon Dec 2022 36.95 38.00 38.00 33.25 1.413 times
02 Fri Dec 2022 37.20 35.30 38.00 33.50 2.049 times
01 Thu Dec 2022 35.30 35.50 36.00 33.50 1.567 times
30 Wed Nov 2022 35.50 35.90 36.80 34.00 0.947 times
29 Tue Nov 2022 35.90 35.95 35.95 35.90 0.069 times
28 Mon Nov 2022 35.60 33.70 36.10 33.70 0.561 times
25 Fri Nov 2022 33.70 36.95 36.95 33.70 1.667 times
24 Thu Nov 2022 35.95 35.95 37.00 33.80 0.355 times
23 Wed Nov 2022 35.75 37.00 37.00 33.55 0.412 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 37.3 as stoploss in an intra day sell trade for a target of 36.17. However, stock will show a bullish move above 37.3.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 27.15
Downside Target 28.05
Downside Target 29.75
Downside Target 30.55
Downside Target 32.50
Downside Target 33.25
Downside Target 34.50
Upside Target 37.65
Upside Target 38.00
Upside Target 38.45
Upside Target 39.00
Upside Target 43.90

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 34
Downside Intraday Target 31.25
Upside Intraday Target 38.75
Upside Intraday Target 40.75
Downside Intraday Target 36

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
06 Tue Dec 2022 36.75 38.00 38.00 33.25 0.354 times
02 Fri Dec 2022 37.20 33.70 38.00 33.50 1.531 times
25 Fri Nov 2022 33.70 37.65 37.65 33.55 0.479 times
18 Fri Nov 2022 36.90 33.00 39.00 28.05 3.299 times
11 Fri Nov 2022 36.50 37.20 38.45 32.50 0.551 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
06 Tue Dec 2022 36.75 35.50 38.00 33.25 0.303 times
30 Wed Nov 2022 35.50 36.85 39.00 28.05 0.605 times
31 Mon Oct 2022 38.80 34.00 43.90 30.55 1.665 times
30 Fri Sep 2022 34.00 34.50 35.00 29.75 1.38 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 10, 21, 35 Sell
MACD 0, 0Buy
Stochastics 78Buy
CCI 155Buy
RSI 57Buy
OBV -1917Sell
VWAP 36Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Parmax ( (Parmax) ) based on a short 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 short to mid term time period is

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 losing momentum.

MACD generated a BUY signal for Parmax in short term and the buy signal is strong.

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 coming down

CCI has generated a buy signal for Parmax in short term and BUY signal is strong.

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 35.83 and Parmax (Parmax) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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.

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Daily charts

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Daily chart

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