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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 2021-08-31 View latest technical analysis

10 day averaged volume of Parmax is 1902

Date Daily Closing Price Open High Low Volume
31 Tue Aug 2021 40.75 40.75 40.75 38.05 0.531 times
30 Mon Aug 2021 38.85 38.65 41.35 38.65 0.701 times
27 Fri Aug 2021 39.40 39.55 39.55 39.40 0.508 times
26 Thu Aug 2021 37.70 37.70 37.70 34.45 0.165 times
25 Wed Aug 2021 35.95 33.60 35.95 33.10 0.737 times
24 Tue Aug 2021 34.25 36.10 36.10 33.15 0.424 times
23 Mon Aug 2021 34.45 36.00 36.00 34.25 0.675 times
20 Fri Aug 2021 37.80 38.65 38.65 36.50 0.086 times
18 Wed Aug 2021 37.85 43.00 43.00 36.25 0.825 times
17 Tue Aug 2021 40.15 40.65 42.65 40.00 2.826 times

My analysis of stock is bearish for shortterm, and stock might move down till 37.2 or till 31.1. Use a stoploss of 42.25 and if the stock hits stoploss, then it can shoot up till 47.31

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 33.10
Downside Target 35.50
Downside Target 36.25
Downside Target 38.05
Downside 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 38.75
Downside Intraday Target 36.75
Upside Intraday Target 42.05
Upside Intraday Target 43.35
Downside Intraday Target 40.05

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
31 Tue Aug 2021 40.75 38.65 41.35 38.05 0.491 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 up 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
31 Tue Aug 2021 40.75 59.00 59.00 33.10 2.447 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 15, 24, 23 Sell
MACD -8, -8Buy
Stochastics 52None
CCI 69Buy
RSI 46Sell
OBV -22916Sell
VWAP 38Buy
ADL 0Sell
ROC -6Sell
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 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 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 gaining 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. 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 moving up

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