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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)

Showing technical analysis as on 2021-08-06 View latest technical analysis

10 day averaged volume of Parmax is 784

Date Daily Closing Price Open High Low Volume
06 Fri Aug 2021 45.80 51.70 51.70 43.10 6.441 times
05 Thu Aug 2021 47.00 49.40 51.80 46.95 1.648 times
04 Wed Aug 2021 49.40 53.05 53.05 49.40 0.499 times
03 Tue Aug 2021 52.00 56.40 56.40 51.10 0.968 times
02 Mon Aug 2021 53.75 59.00 59.00 53.75 2.585 times
30 Fri Jul 2021 56.20 58.80 58.80 56.20 0.07 times
29 Thu Jul 2021 56.05 57.90 57.90 56.00 0.362 times
28 Wed Jul 2021 55.15 54.15 55.15 54.15 0.788 times
27 Tue Jul 2021 52.55 52.45 53.90 48.90 2.429 times
26 Mon Jul 2021 51.40 51.50 51.55 51.40 0.43 times

Stock of Parmax (Parmax) has showed a significant fall. This could be a good time to exit from this stock.

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 45, for a target of 50.2 or 54.42

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 35.50
Downside Target 43.10
Upside Target 47.85
Upside Target 48.90
Upside Target 50.50
Upside Target 52.00
Upside Target 53.85
Upside Target 57.05
Upside Target 58.80
Upside Target 61.45
Upside Target 61.55
Upside Target 64.55
Upside Target 81.90

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 39.6
Downside Intraday Target 33.4
Upside Intraday Target 55.5
Upside Intraday Target 65.2
Upside Intraday Target 49.3

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
06 Fri Aug 2021 45.80 59.00 59.00 43.10 2.977 times
30 Fri Jul 2021 56.20 51.50 58.80 48.90 1.204 times
23 Fri Jul 2021 54.10 64.55 64.55 54.10 1.121 times
16 Fri Jul 2021 61.50 53.00 61.55 50.50 0.281 times
09 Fri Jul 2021 53.00 53.85 53.85 47.85 2.769 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
06 Fri Aug 2021 45.80 59.00 59.00 43.10 0.528 times
30 Fri Jul 2021 56.20 59.60 64.55 47.85 0.291 times
30 Wed Jun 2021 62.70 58.00 81.90 55.15 1.489 times
31 Mon May 2021 58.00 58.15 61.45 52.00 0.822 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 14, 40, 49 Sell
MACD -5, -3Sell
Stochastics 7Sell
CCI -138Sell
RSI 42Sell
OBV -2631Sell
VWAP 50Sell
ADL 0Sell
ROC -15Sell
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

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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 SELL signal for Parmax in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 49.56 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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