(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)
10 day averaged volume of Parmax is 433
|Date||Daily Closing Price||Open||High||Low||Volume|
|05 Fri Aug 2022||30.90||31.70||31.70||28.70||1.508 times|
|04 Thu Aug 2022||31.85||30.90||31.85||27.15||0.721 times|
|03 Wed Aug 2022||30.90||31.60||31.60||27.15||0.506 times|
|02 Tue Aug 2022||30.95||30.95||30.95||30.00||1.111 times|
|01 Mon Aug 2022||30.80||30.50||30.90||30.00||1.162 times|
|30 Sat Jul 2022||30.50||30.95||30.95||28.20||0.155 times|
|28 Thu Jul 2022||30.70||30.95||30.95||30.65||0.469 times|
|27 Wed Jul 2022||30.00||27.20||30.95||27.20||0.238 times|
|26 Tue Jul 2022||30.95||30.30||30.95||30.30||0.018 times|
|25 Mon Jul 2022||30.90||30.95||30.95||30.90||0.12 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 30.6 as stoploss in an intra day buy trade for a target of 31.97. However, stock will show a bearish move below 30.6.
Share price targets for Parmax (Parmax)
Intraday share price targets for Parmax (Parmax)
|Downside Intraday Target||28.08|
|Downside Intraday Target||25.27|
|Upside Intraday Target||32.78|
|Upside Intraday Target||34.67|
|Downside Intraday Target||29.97|
Weekly technical analysis of Parmax (Parmax)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|05 Fri Aug 2022||30.90||30.50||31.85||27.15||5.007 times|
|30 Sat Jul 2022||30.50||30.95||30.95||27.20||0.105 times|
|22 Fri Jul 2022||30.55||33.65||33.65||28.60||6.461 times|
|15 Fri Jul 2022||32.95||33.95||34.50||28.05||0.367 times|
|08 Fri Jul 2022||33.85||33.90||33.90||28.05||0.811 times|
Price has moved up 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|
|05 Fri Aug 2022||30.90||30.50||31.85||27.15||0.299 times|
|30 Sat Jul 2022||30.50||33.70||34.50||27.20||0.365 times|
|30 Thu Jun 2022||32.50||36.25||41.80||26.35||1.23 times|
|31 Tue May 2022||38.95||41.95||42.95||33.15||0.6 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||4, 32, 77||Sell|
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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 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 30.94 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.