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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 908

Date Daily Closing Price Open High Low Volume
05 Mon Dec 2022 36.95 38.00 38.00 33.25 1.645 times
02 Fri Dec 2022 37.20 35.30 38.00 33.50 2.385 times
01 Thu Dec 2022 35.30 35.50 36.00 33.50 1.824 times
30 Wed Nov 2022 35.50 35.90 36.80 34.00 1.102 times
29 Tue Nov 2022 35.90 35.95 35.95 35.90 0.08 times
28 Mon Nov 2022 35.60 33.70 36.10 33.70 0.653 times
25 Fri Nov 2022 33.70 36.95 36.95 33.70 1.941 times
24 Thu Nov 2022 35.95 35.95 37.00 33.80 0.413 times
23 Wed Nov 2022 35.75 37.00 37.00 33.55 0.48 times
22 Tue Nov 2022 36.40 35.25 37.50 34.00 1.113 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 37.3 as stoploss in an intra day sell trade for a target of 36.13. However, stock will show a bullish move above 37.3.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 27.15
Downside Target 28.05
Downside Target 29.75
Downside Target 30.55
Downside Target 32.50
Downside Target 33.25
Downside Target 34.50
Upside Target 37.65
Upside Target 38.00
Upside Target 38.45
Upside Target 39.00
Upside Target 43.90

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 34.13
Downside Intraday Target 31.32
Upside Intraday Target 38.88
Upside Intraday Target 40.82
Downside Intraday Target 36.07

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
05 Mon Dec 2022 36.95 38.00 38.00 33.25 0.272 times
02 Fri Dec 2022 37.20 33.70 38.00 33.50 1.531 times
25 Fri Nov 2022 33.70 37.65 37.65 33.55 0.479 times
18 Fri Nov 2022 36.90 33.00 39.00 28.05 3.299 times
11 Fri Nov 2022 36.50 37.20 38.45 32.50 0.551 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
05 Mon Dec 2022 36.95 35.50 38.00 33.25 0.279 times
30 Wed Nov 2022 35.50 36.85 39.00 28.05 0.605 times
31 Mon Oct 2022 38.80 34.00 43.90 30.55 1.665 times
30 Fri Sep 2022 34.00 34.50 35.00 29.75 1.38 times

Scroll below to view daily charts

Price has moved up 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 10, 21, 36 Sell
MACD 0, 0Buy
Stochastics 67None
CCI 85Sell
RSI 55Buy
OBV 980Sell
VWAP 36Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Parmax ( (Parmax) ) based on a short to mid term time period is

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 gaining momentum.

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

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 35.84 and Parmax (Parmax) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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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Daily chart

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