(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 2022-01-17 View latest technical analysis
10 day averaged volume of Parmax is 4989
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Mon Jan 2022 | 61.00 | 62.95 | 62.95 | 59.00 | 1.074 times |
| 14 Fri Jan 2022 | 61.95 | 60.50 | 63.50 | 57.70 | 1.337 times |
| 13 Thu Jan 2022 | 60.50 | 57.75 | 62.50 | 56.60 | 0.637 times |
| 12 Wed Jan 2022 | 59.55 | 62.80 | 63.00 | 57.25 | 1.86 times |
| 11 Tue Jan 2022 | 60.25 | 55.00 | 60.25 | 54.60 | 1.417 times |
| 10 Mon Jan 2022 | 57.40 | 57.90 | 59.10 | 55.70 | 1.048 times |
| 07 Fri Jan 2022 | 57.90 | 57.90 | 57.90 | 55.65 | 1.547 times |
| 06 Thu Jan 2022 | 57.40 | 58.50 | 58.50 | 55.60 | 0.189 times |
| 05 Wed Jan 2022 | 58.50 | 58.00 | 59.40 | 56.85 | 0.604 times |
| 04 Tue Jan 2022 | 56.85 | 61.00 | 61.00 | 56.85 | 0.508 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 60.3, but if it comes below 60.3, then a intra day sell could be more profitable.
If you take a sell trade below 60.3, then use 60.3 as stoploss and 58.93 as target. However if you take a buy trade in stock , then use 60.3 as stoploss and 61.9 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 |
| Downside Target | 59.00 |
| Downside Target | 61.00 |
| Upside Target | 62.95 |
| 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 | 59.02 |
| Downside Intraday Target | 57.03 |
| Upside Intraday Target | 62.97 |
| Upside Intraday Target | 64.93 |
| Downside Intraday Target | 60.98 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Mon Jan 2022 | 61.00 | 62.95 | 62.95 | 59.00 | 0.171 times |
| 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 |
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 |
| 17 Mon Jan 2022 | 61.00 | 60.00 | 63.50 | 54.60 | 0.454 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 | 18, 8, 41 | Buy |
| MACD | 5, 5 | Sell |
| Stochastics | 70 | Buy |
| CCI | 110 | Sell |
| RSI | 58 | Buy |
| OBV | 2968 | 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 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 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 HIGHS, which reflects strong buying momentum in short term! 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 coming down
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 and the buying is gaining 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 59.47 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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