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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 2021-09-08 View latest technical analysis

10 day averaged volume of Parmax is 1270

Date Daily Closing Price Open High Low Volume
08 Wed Sep 2021 42.35 43.00 44.10 40.05 0.91 times
07 Tue Sep 2021 42.10 44.20 45.00 42.00 0.606 times
06 Mon Sep 2021 44.20 46.00 46.20 44.20 1.913 times
03 Fri Sep 2021 46.50 46.95 46.95 42.65 0.98 times
02 Thu Sep 2021 44.75 44.70 44.75 43.50 1.369 times
01 Wed Sep 2021 42.65 39.95 42.75 39.95 1.173 times
31 Tue Aug 2021 40.75 40.75 40.75 38.05 0.795 times
30 Mon Aug 2021 38.85 38.65 41.35 38.65 1.05 times
27 Fri Aug 2021 39.40 39.55 39.55 39.40 0.761 times
26 Thu Aug 2021 37.70 37.70 37.70 34.45 0.247 times

My analysis of stock is bullish for shortterm, and stock might move up till 45 or till 49.8. Use a stoploss of 41.11 and if this stock hits its stoploss, then it can fall down till 37.18

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
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 39.53
Downside Intraday Target 36.72
Upside Intraday Target 45.68
Upside Intraday Target 49.02
Upside Intraday Target 42.87

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
08 Wed Sep 2021 42.35 46.00 46.20 40.05 0.639 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
08 Wed Sep 2021 42.35 39.95 46.95 39.95 0.2 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 20, 25, 11 Sell
MACD -4, -5Buy
Stochastics 69None
CCI 14Sell
RSI 45Sell
OBV -6726Sell
VWAP 43Sell
ADL 0Sell
ROC 18Buy
Force Index 0Sell

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Parmax ( (Parmax) ) based on a short to mid 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 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 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 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 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 moving up

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 42.63 and Parmax (Parmax) stock is trading below this level. This means that stock is falling with high volumes. 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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