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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 2021-09-06 View latest technical analysis

10 day averaged volume of Parmax is 1159

Date Daily Closing Price Open High Low Volume
06 Mon Sep 2021 44.20 46.00 46.20 44.20 2.096 times
03 Fri Sep 2021 46.50 46.95 46.95 42.65 1.074 times
02 Thu Sep 2021 44.75 44.70 44.75 43.50 1.5 times
01 Wed Sep 2021 42.65 39.95 42.75 39.95 1.286 times
31 Tue Aug 2021 40.75 40.75 40.75 38.05 0.871 times
30 Mon Aug 2021 38.85 38.65 41.35 38.65 1.15 times
27 Fri Aug 2021 39.40 39.55 39.55 39.40 0.833 times
26 Thu Aug 2021 37.70 37.70 37.70 34.45 0.271 times
25 Wed Aug 2021 35.95 33.60 35.95 33.10 1.21 times
24 Tue Aug 2021 34.25 36.10 36.10 33.15 0.695 times

Stock of Parmax (Parmax) has showed a significant fall. This could be a good time to exit from this stock.

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 45.6 as stoploss in an intra day sell trade for a target of 41.45. However, stock will show a bullish move above 45.6.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 33.10
Downside Target 36.25
Downside Target 38.05
Downside Target 39.55
Downside Target 42.00
Downside Target 44.20
Upside Target 46.20
Upside Target 50.30
Upside Target 52.00
Upside Target 55.15
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 43.53
Downside Intraday Target 42.87
Upside Intraday Target 45.53
Upside Intraday Target 46.87
Upside Intraday Target 44.87

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
06 Mon Sep 2021 44.20 46.00 46.20 44.20 0.356 times
03 Fri Sep 2021 46.50 38.65 46.95 38.05 1.428 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

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
06 Mon Sep 2021 44.20 39.95 46.95 39.95 0.157 times
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

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 25, 17, 18 Buy
MACD -4, -6Buy
Stochastics 92Buy
CCI 100Sell
RSI 47Sell
OBV -16403Sell
VWAP 41Buy
ADL 0Sell
ROC 28Buy
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 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 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 BUY. Signal strength is Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal for Parmax in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 41.42 and Parmax (Parmax) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is 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 is giving positive 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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