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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 924

Date Daily Closing Price Open High Low Volume
20 Fri May 2022 37.55 35.40 38.45 35.40 0.134 times
19 Thu May 2022 36.00 37.40 37.95 35.00 0.799 times
18 Wed May 2022 37.40 34.80 37.75 34.80 0.804 times
17 Tue May 2022 36.90 40.95 40.95 33.80 1.409 times
16 Mon May 2022 37.50 42.95 42.95 35.35 2.68 times
13 Fri May 2022 39.15 39.30 39.30 39.15 0.124 times
12 Thu May 2022 36.00 39.95 39.95 33.15 1.184 times
11 Wed May 2022 36.70 40.00 40.00 35.80 0.352 times
10 Tue May 2022 38.95 39.95 39.95 38.95 0.149 times
09 Mon May 2022 36.85 39.55 42.95 36.35 0.436 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 37.1 as stoploss in an intra day buy trade for a target of 39.19. However, stock will show a bearish move below 37.1.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 33.15
Downside Target 37.10
Upside Target 37.90
Upside Target 40.05
Upside Target 42.90
Upside Target 44.50
Upside Target 45.00
Upside Target 45.95
Upside Target 46.95
Upside Target 47.00
Upside Target 49.05
Upside Target 56.80
Upside Target 63.50

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 33.25
Downside Intraday Target 28.95
Upside Intraday Target 42.4
Upside Intraday Target 47.25
Upside Intraday Target 38.1

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
20 Fri May 2022 37.55 42.95 42.95 33.80 2.594 times
13 Fri May 2022 39.15 39.55 42.95 33.15 0.594 times
06 Fri May 2022 40.35 41.95 42.90 37.90 0.593 times
29 Fri Apr 2022 41.95 41.95 45.95 38.60 0.564 times
22 Fri Apr 2022 42.00 40.35 44.50 38.10 3.826 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Parmax (Parmax)

Date Monthly Closing Price Open High Low Volume
20 Fri May 2022 37.55 41.95 42.95 33.15 0.408 times
29 Fri Apr 2022 41.95 40.85 47.00 37.10 1.821 times
31 Thu Mar 2022 40.85 46.10 46.95 40.05 1.075 times
28 Mon Feb 2022 46.10 54.50 56.80 45.00 0.197 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 5, 21, 61 Sell
MACD -3, -3Sell
Stochastics 39None
CCI -38Buy
RSI 50Sell
OBV -11777Sell
VWAP 37Buy
ADL 0Sell
ROC -7Sell
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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 in or above the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term

MRSI is in positive zone. This is a BUY zone

Stock of Parmax is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37 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 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

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Daily charts

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Daily chart

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