(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 2021-08-30 View latest technical analysis
10 day averaged volume of Parmax is 2088
|Date||Daily Closing Price||Open||High||Low||Volume|
|30 Mon Aug 2021||38.85||38.65||41.35||38.65||0.638 times|
|27 Fri Aug 2021||39.40||39.55||39.55||39.40||0.463 times|
|26 Thu Aug 2021||37.70||37.70||37.70||34.45||0.15 times|
|25 Wed Aug 2021||35.95||33.60||35.95||33.10||0.671 times|
|24 Tue Aug 2021||34.25||36.10||36.10||33.15||0.386 times|
|23 Mon Aug 2021||34.45||36.00||36.00||34.25||0.615 times|
|20 Fri Aug 2021||37.80||38.65||38.65||36.50||0.079 times|
|18 Wed Aug 2021||37.85||43.00||43.00||36.25||0.751 times|
|17 Tue Aug 2021||40.15||40.65||42.65||40.00||2.575 times|
|16 Mon Aug 2021||43.50||44.10||48.50||42.75||2.779 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 37.3 as stoploss in an intra day buy trade for a target of 42.9. However, stock will show a bearish move below 37.3.
Share price targets for Parmax (Parmax)
Intraday share price targets for Parmax (Parmax)
|Downside Intraday Target||37.88|
|Downside Intraday Target||36.92|
|Upside Intraday Target||40.58|
|Upside Intraday Target||42.32|
|Upside Intraday Target||39.62|
Weekly technical analysis of Parmax (Parmax)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|30 Mon Aug 2021||38.85||38.65||41.35||38.65||0.279 times|
|27 Fri Aug 2021||39.40||36.00||39.55||33.10||0.37 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|
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|
|30 Mon Aug 2021||38.85||59.00||59.00||33.10||2.391 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||16, 24, 20||Sell|
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 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 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 BUY signal for Parmax in short term but the buy signal is initial and weak.
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. 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 buy signal for Parmax in short term and BUY signal is strong.
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 39.85 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.