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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 346

Date Daily Closing Price Open High Low Volume
12 Fri Aug 2022 29.20 32.50 32.50 28.70 8.303 times
11 Thu Aug 2022 31.85 31.35 31.95 30.00 1.564 times
10 Wed Aug 2022 31.35 31.45 31.45 30.05 1.173 times
08 Mon Aug 2022 31.45 28.20 31.50 28.20 0.217 times
05 Fri Aug 2022 30.90 31.70 31.70 28.70 1.887 times
04 Thu Aug 2022 31.85 30.90 31.85 27.15 0.902 times
03 Wed Aug 2022 30.90 31.60 31.60 27.15 0.633 times
02 Tue Aug 2022 30.95 30.95 30.95 30.00 1.39 times
01 Mon Aug 2022 30.80 30.50 30.90 30.00 1.454 times
30 Sat Jul 2022 30.50 30.95 30.95 28.20 0.194 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 29, for a target of 30.3 or 31.35

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 26.35
Downside Target 27.15
Downside Target 28.05
Upside Target 30.95
Upside Target 31.85
Upside Target 32.50
Upside Target 33.15
Upside Target 34.50
Upside Target 37.10
Upside Target 41.80
Upside Target 42.95
Upside Target 47.00

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 27.43
Downside Intraday Target 25.67
Upside Intraday Target 31.73
Upside Intraday Target 34.27
Upside Intraday Target 29.97

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
12 Fri Aug 2022 29.20 28.20 32.50 28.20 1.797 times
05 Fri Aug 2022 30.90 30.50 31.85 27.15 5.007 times
30 Sat Jul 2022 30.50 30.95 30.95 27.20 0.105 times
22 Fri Jul 2022 30.55 33.65 33.65 28.60 6.461 times
15 Fri Jul 2022 32.95 33.95 34.50 28.05 0.367 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
12 Fri Aug 2022 29.20 30.50 32.50 27.15 0.838 times
30 Sat Jul 2022 30.50 33.70 34.50 27.20 0.365 times
30 Thu Jun 2022 32.50 36.25 41.80 26.35 1.23 times
31 Tue May 2022 38.95 41.95 42.95 33.15 0.6 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 4, 27, 72 Sell
MACD -2, -2Buy
Stochastics 75Buy
CCI -62Sell
RSI 37Sell
OBV -4748Sell
VWAP 30Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining momentum.

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

Parmax Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 SELL signal in short term and selling is picking up 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 30.26 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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