(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 2022-01-13 View latest technical analysis
10 day averaged volume of Parmax is 5133
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Thu Jan 2022 | 60.50 | 57.75 | 62.50 | 56.60 | 0.619 times |
| 12 Wed Jan 2022 | 59.55 | 62.80 | 63.00 | 57.25 | 1.808 times |
| 11 Tue Jan 2022 | 60.25 | 55.00 | 60.25 | 54.60 | 1.377 times |
| 10 Mon Jan 2022 | 57.40 | 57.90 | 59.10 | 55.70 | 1.018 times |
| 07 Fri Jan 2022 | 57.90 | 57.90 | 57.90 | 55.65 | 1.503 times |
| 06 Thu Jan 2022 | 57.40 | 58.50 | 58.50 | 55.60 | 0.184 times |
| 05 Wed Jan 2022 | 58.50 | 58.00 | 59.40 | 56.85 | 0.587 times |
| 04 Tue Jan 2022 | 56.85 | 61.00 | 61.00 | 56.85 | 0.493 times |
| 03 Mon Jan 2022 | 59.80 | 60.00 | 60.95 | 58.05 | 0.831 times |
| 31 Fri Dec 2021 | 59.95 | 57.90 | 65.00 | 57.25 | 1.139 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 60.2, but if it comes below 60.2, then a intra day sell could be more profitable.
If you take a sell trade below 60.2, then use 60.2 as stoploss and 58.67 as target. However if you take a buy trade in stock , then use 60.2 as stoploss and 62 as target.
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 | 55.73 |
| Downside Intraday Target | 50.97 |
| Upside Intraday Target | 64.13 |
| Upside Intraday Target | 67.77 |
| Downside Intraday Target | 59.37 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Thu Jan 2022 | 60.50 | 57.90 | 63.00 | 54.60 | 1.34 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 |
| 13 Thu Jan 2022 | 60.50 | 60.00 | 63.00 | 54.60 | 0.355 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 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 | 21, 9, 37 | Buy |
| MACD | 5, 5 | Sell |
| Stochastics | 53 | None |
| CCI | 73 | Sell |
| RSI | 58 | Buy |
| OBV | 9862 | Sell |
| VWAP | 59 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Parmax ( (Parmax) ) based on a short 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 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 to mid 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 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 losing momentum.
MACD generated a SELL signal for Parmax in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up
CCI has generated a SELL signal for Parmax in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Parmax is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 59.05 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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