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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 2021-08-30 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)

Target Type Value
Downside Target 33.10
Downside Target 35.50
Downside Target 36.25
Downside Target 38.65
Upside Target 39.55
Upside Target 41.35
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 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 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
MACD -8, -8Buy
Stochastics 35None
CCI 36Buy
RSI 46Sell
OBV -23871Sell
VWAP 40Sell
ADL 0Sell
ROC -18Sell
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 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.

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Daily charts

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