(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, 6 | Sell |
| Stochastics | 29 | Sell |
| CCI | -96 | Sell |
| RSI | 55 | Buy |
| OBV | 27726 | Sell |
| VWAP | 58 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | 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 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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