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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 2022-01-07 View latest technical analysis

10 day averaged volume of Parmax is 3724

Date Daily Closing Price Open High Low Volume
07 Fri Jan 2022 57.90 57.90 57.90 55.65 2.072 times
06 Thu Jan 2022 57.40 58.50 58.50 55.60 0.253 times
05 Wed Jan 2022 58.50 58.00 59.40 56.85 0.809 times
04 Tue Jan 2022 56.85 61.00 61.00 56.85 0.68 times
03 Mon Jan 2022 59.80 60.00 60.95 58.05 1.146 times
31 Fri Dec 2021 59.95 57.90 65.00 57.25 1.57 times
30 Thu Dec 2021 59.05 57.35 59.05 56.05 1.461 times
29 Wed Dec 2021 57.35 59.50 59.50 56.55 0.552 times
28 Tue Dec 2021 57.25 56.50 60.35 56.50 1.557 times
27 Mon Dec 2021 57.50 60.00 60.00 55.10 0.886 times

Stock of Parmax (Parmax) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 56.2 or till 53.1. Use a stoploss of 58.79 and if the stock hits stoploss, then it can shoot up till 61.36

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 36.30
Downside Target 40.00
Downside Target 41.60
Downside Target 43.75
Downside Target 44.70
Downside Target 46.95
Downside Target 52.65
Downside Target 55.10
Upside Target 58.85
Upside Target 61.00
Upside Target 65.00
Upside Target 66.45
Upside Target 70.90

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 55.33
Downside Intraday Target 52.77
Upside Intraday Target 60.73
Upside Intraday Target 63.57
Upside Intraday Target 58.17

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
07 Fri Jan 2022 57.90 60.00 61.00 55.60 0.823 times
31 Fri Dec 2021 59.95 60.00 65.00 55.10 1.012 times
24 Fri Dec 2021 59.00 63.50 66.45 52.65 0.629 times
17 Fri Dec 2021 62.25 57.60 70.90 53.00 1.086 times
10 Fri Dec 2021 55.60 44.75 58.85 41.60 2 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
07 Fri Jan 2022 57.90 60.00 61.00 55.60 0.152 times
31 Fri Dec 2021 59.95 41.95 70.90 40.00 4.249 times
30 Tue Nov 2021 40.50 42.00 43.75 36.50 0.625 times
29 Fri Oct 2021 40.10 39.00 44.70 36.60 0.975 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 19, 13, 17 Buy
MACD 5, 6Sell
Stochastics 29Sell
CCI -96Sell
RSI 55Buy
OBV 27726Sell
VWAP 58Sell
ADL 0Sell
ROC -2Sell
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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Parmax stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Parmax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 58.36 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 positive

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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