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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 1134

Date Daily Closing Price Open High Low Volume
02 Thu Feb 2023 34.00 33.80 35.90 33.80 0.662 times
01 Wed Feb 2023 35.55 34.70 35.70 33.15 1.17 times
31 Tue Jan 2023 34.00 33.30 36.45 33.30 0.726 times
30 Mon Jan 2023 35.00 36.10 36.10 35.00 0.39 times
27 Fri Jan 2023 36.80 35.10 36.85 33.35 1.709 times
25 Wed Jan 2023 35.10 35.25 36.95 34.20 0.422 times
24 Tue Jan 2023 35.50 36.95 36.95 35.15 0.499 times
23 Mon Jan 2023 36.90 36.95 36.95 35.70 0.384 times
20 Fri Jan 2023 35.70 37.20 39.05 35.40 3.89 times
19 Thu Jan 2023 37.20 38.15 38.15 36.35 0.38 times

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 33.5, for a target of 35.3 or 36.72

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 27.55
Downside Target 30.55
Downside Target 33.15
Upside Target 35.25
Upside Target 36.95
Upside Target 39.00
Upside Target 39.05
Upside Target 39.45
Upside Target 40.95
Upside Target 43.90
Upside Target 57.60

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 32.62
Downside Intraday Target 31.23
Upside Intraday Target 35.92
Upside Intraday Target 37.83
Upside Intraday Target 34.53

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
02 Thu Feb 2023 34.00 36.10 36.45 33.15 0.978 times
27 Fri Jan 2023 36.80 36.95 36.95 33.35 0.328 times
20 Fri Jan 2023 35.70 36.50 39.05 35.25 1.206 times
13 Fri Jan 2023 37.10 38.95 39.45 35.85 0.331 times
06 Fri Jan 2023 37.65 38.00 40.95 35.55 0.351 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
02 Thu Feb 2023 34.00 34.70 35.90 33.15 0.042 times
31 Tue Jan 2023 34.00 38.00 40.95 33.30 0.282 times
30 Fri Dec 2022 38.70 35.50 57.60 27.55 9.296 times
30 Wed Nov 2022 35.50 36.85 39.00 28.05 0.605 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 8, 19, 43 Sell
MACD -1, -1Sell
Stochastics 22Sell
CCI -101Sell
RSI 57Buy
OBV -5530Sell
VWAP 36Sell
ADL 0Sell
ROC -11Sell
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 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 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 below 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 35.68 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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Daily chart

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