(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 2022-01-14 View latest technical analysis
10 day averaged volume of Parmax is 4906
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jan 2022 | 61.95 | 60.50 | 63.50 | 57.70 | 1.36 times |
| 13 Thu Jan 2022 | 60.50 | 57.75 | 62.50 | 56.60 | 0.647 times |
| 12 Wed Jan 2022 | 59.55 | 62.80 | 63.00 | 57.25 | 1.892 times |
| 11 Tue Jan 2022 | 60.25 | 55.00 | 60.25 | 54.60 | 1.441 times |
| 10 Mon Jan 2022 | 57.40 | 57.90 | 59.10 | 55.70 | 1.065 times |
| 07 Fri Jan 2022 | 57.90 | 57.90 | 57.90 | 55.65 | 1.573 times |
| 06 Thu Jan 2022 | 57.40 | 58.50 | 58.50 | 55.60 | 0.192 times |
| 05 Wed Jan 2022 | 58.50 | 58.00 | 59.40 | 56.85 | 0.614 times |
| 04 Tue Jan 2022 | 56.85 | 61.00 | 61.00 | 56.85 | 0.516 times |
| 03 Mon Jan 2022 | 59.80 | 60.00 | 60.95 | 58.05 | 0.87 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 61.9, for a target of 60.1 or 58.66
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 |
| Downside Target | 61.00 |
| Upside Target | 63.50 |
| 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 | 56.53 |
| Downside Intraday Target | 51.12 |
| Upside Intraday Target | 65.43 |
| Upside Intraday Target | 68.92 |
| Downside Intraday Target | 60.02 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jan 2022 | 61.95 | 57.90 | 63.50 | 54.60 | 1.701 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, 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 |
| 14 Fri Jan 2022 | 61.95 | 60.00 | 63.50 | 54.60 | 0.41 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 | 20, 8, 41 | Buy |
| MACD | 5, 5 | Sell |
| Stochastics | 62 | None |
| CCI | 139 | Buy |
| RSI | 58 | Buy |
| OBV | 3805 | Sell |
| VWAP | 59 | Buy |
| ADL | 0 | Sell |
| ROC | 3 | 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 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 to mid 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 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.
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 buy signal for Parmax in short term and BUY 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 59.33 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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