Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2021-08-25 View latest technical analysis

10 day averaged volume of Parmax is 2530

Date Daily Closing Price Open High Low Volume
25 Wed Aug 2021 35.95 33.60 35.95 33.10 0.554 times
24 Tue Aug 2021 34.25 36.10 36.10 33.15 0.319 times
23 Mon Aug 2021 34.45 36.00 36.00 34.25 0.508 times
20 Fri Aug 2021 37.80 38.65 38.65 36.50 0.065 times
18 Wed Aug 2021 37.85 43.00 43.00 36.25 0.62 times
17 Tue Aug 2021 40.15 40.65 42.65 40.00 2.125 times
16 Mon Aug 2021 43.50 44.10 48.50 42.75 2.294 times
13 Fri Aug 2021 47.45 46.90 48.80 42.00 1.263 times
12 Thu Aug 2021 44.55 47.95 49.65 43.10 1.345 times
11 Wed Aug 2021 46.95 49.20 49.20 42.50 0.742 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.6, but if it comes above 38.6, then a intra day buy could be more profitable.
If you take a sell trade below 38.6, then use 38.6 as stoploss and 30.4 as target. However if you take a buy trade in stock , then use 38.6 as stoploss and 45.47 as target.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 33.10
Downside Target 35.50
Upside Target 42.00
Upside Target 43.10
Upside Target 47.85
Upside Target 50.30
Upside Target 52.00
Upside Target 55.15
Upside Target 57.05
Upside Target 58.80
Upside Target 59.00
Upside Target 61.45
Upside Target 64.55
Upside Target 81.90

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 34
Downside Intraday Target 32.05
Upside Intraday Target 37
Upside Intraday Target 38.05
Downside Intraday Target 35.05

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
25 Wed Aug 2021 35.95 36.00 36.10 33.10 0.27 times
20 Fri Aug 2021 37.80 44.10 48.50 36.25 0.888 times
13 Fri Aug 2021 47.45 50.00 50.30 42.00 1.527 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

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
25 Wed Aug 2021 35.95 59.00 59.00 33.10 2.245 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Parmax (Parmax)

Indicator Name Indicator Value Indicator Signal
ADX 4, 30, 75 Sell
MACD -9, -8Sell
Stochastics 8Sell
CCI -86Buy
RSI 44Sell
OBV -21012Sell
VWAP 42Sell
ADL 0Sell
ROC -22Sell
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 moving up

CCI has generated a buy signal for Parmax in short term but BUY signal is weak.

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 42.1 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme