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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 2021-08-12 View latest technical analysis

10 day averaged volume of Parmax is 1779

Date Daily Closing Price Open High Low Volume
12 Thu Aug 2021 44.55 47.95 49.65 43.10 1.913 times
11 Wed Aug 2021 46.95 49.20 49.20 42.50 1.055 times
10 Tue Aug 2021 46.20 48.65 49.45 42.55 1.022 times
09 Mon Aug 2021 45.00 50.00 50.30 44.90 2.384 times
06 Fri Aug 2021 45.80 51.70 51.70 43.10 2.839 times
05 Thu Aug 2021 47.00 49.40 51.80 46.95 0.726 times
04 Wed Aug 2021 49.40 53.05 53.05 49.40 0.22 times
03 Tue Aug 2021 52.00 56.40 56.40 51.10 0.427 times
02 Mon Aug 2021 53.75 59.00 59.00 53.75 1.139 times
30 Fri Jul 2021 56.20 58.80 58.80 56.20 0.031 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.3, but if it comes above 47.3, then a intra day buy could be more profitable.
If you take a sell trade below 47.3, then use 47.3 as stoploss and 40.6 as target. However if you take a buy trade in stock , then use 47.3 as stoploss and 52.8 as target.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 35.50
Downside Target 42.50
Upside Target 47.85
Upside Target 48.90
Upside Target 50.30
Upside Target 52.00
Upside Target 54.10
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 41.27
Downside Intraday Target 37.98
Upside Intraday Target 49.07
Upside Intraday Target 53.58
Upside Intraday Target 45.78

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
12 Thu Aug 2021 44.55 50.00 50.30 42.50 1.191 times
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

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
12 Thu Aug 2021 44.55 59.00 59.00 42.50 1.158 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 9, 26, 51 Sell
MACD -6, -5Sell
Stochastics 21Sell
CCI -73Sell
RSI 41Sell
OBV -10335Sell
VWAP 47Sell
ADL 0Sell
ROC -21Sell
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 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.

Parmax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 negative zone. This is the SELL 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 46.74 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.

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Daily charts

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