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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 2021-09-15 View latest technical analysis

10 day averaged volume of Parmax is 1564

Date Daily Closing Price Open High Low Volume
15 Wed Sep 2021 40.20 43.50 43.50 39.90 5.785 times
14 Tue Sep 2021 42.00 42.90 43.00 39.00 2.381 times
13 Mon Sep 2021 41.05 42.35 43.15 41.05 1.077 times
09 Thu Sep 2021 43.20 43.20 43.20 42.00 0.252 times
08 Wed Sep 2021 42.35 43.00 44.10 40.05 0.739 times
07 Tue Sep 2021 42.10 44.20 45.00 42.00 0.492 times
06 Mon Sep 2021 44.20 46.00 46.20 44.20 1.553 times
03 Fri Sep 2021 46.50 46.95 46.95 42.65 0.796 times
02 Thu Sep 2021 44.75 44.70 44.75 43.50 1.111 times
01 Wed Sep 2021 42.65 39.95 42.75 39.95 0.953 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 bearish for shortterm, and stock might move down till 37.1 or till 33.2. Use a stoploss of 40.31 and if the stock hits stoploss, then it can shoot up till 43.55

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 33.10
Downside Target 36.25
Downside Target 38.05
Downside Target 39.00
Upside Target 43.50
Upside Target 46.20
Upside Target 48.50
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 38.3
Downside Intraday Target 36.4
Upside Intraday Target 42.8
Upside Intraday Target 45.4
Upside Intraday Target 40.9

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
15 Wed Sep 2021 40.20 42.35 43.50 39.00 3.044 times
09 Thu Sep 2021 43.20 46.00 46.20 40.05 0.697 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Parmax (Parmax)

Date Monthly Closing Price Open High Low Volume
15 Wed Sep 2021 40.20 39.95 46.95 39.00 0.537 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 down 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 16, 26, 24 Sell
MACD -4, -4Buy
Stochastics 31None
CCI -90Sell
RSI 42Sell
OBV -16826Sell
VWAP 42Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Parmax ( (Parmax) ) based on a short 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 short 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Parmax in short term but the buy signal is initial and weak.

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 getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 41.99 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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