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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 2022-01-12 View latest technical analysis

10 day averaged volume of Parmax is 4411

Date Daily Closing Price Open High Low Volume
12 Wed Jan 2022 59.55 62.80 63.00 57.25 2.104 times
11 Tue Jan 2022 60.25 55.00 60.25 54.60 1.602 times
10 Mon Jan 2022 57.40 57.90 59.10 55.70 1.185 times
07 Fri Jan 2022 57.90 57.90 57.90 55.65 1.749 times
06 Thu Jan 2022 57.40 58.50 58.50 55.60 0.214 times
05 Wed Jan 2022 58.50 58.00 59.40 56.85 0.683 times
04 Tue Jan 2022 56.85 61.00 61.00 56.85 0.574 times
03 Mon Jan 2022 59.80 60.00 60.95 58.05 0.967 times
31 Fri Dec 2021 59.95 57.90 65.00 57.25 1.325 times
30 Thu Dec 2021 59.05 57.35 59.05 56.05 1.234 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 bullish for shortterm, and stock might move up till 60.8 or till 63.1. Use a stoploss of 58.87 and if this stock hits its stoploss, then it can fall down till 56.93

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 36.30
Downside Target 40.00
Downside Target 43.75
Downside Target 44.70
Downside Target 46.95
Downside Target 52.65
Downside Target 54.60
Upside Target 61.00
Upside Target 63.00
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 55.1
Downside Intraday Target 50.65
Upside Intraday Target 63.5
Upside Intraday Target 67.45
Downside Intraday Target 59.05

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
12 Wed Jan 2022 59.55 57.90 63.00 54.60 1.168 times
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

Price has moved up 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
12 Wed Jan 2022 59.55 60.00 63.00 54.60 0.329 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 23, 9, 43 Buy
MACD 5, 5Sell
Stochastics 40None
CCI 100Buy
RSI 59Buy
OBV 12461Sell
VWAP 59Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Parmax in short term but the sell 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 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 coming down

CCI has generated a buy signal for Parmax in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 58.96 and Parmax (Parmax) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

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Daily charts

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