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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 2022-01-19 View latest technical analysis

10 day averaged volume of Parmax is 5119

Date Daily Closing Price Open High Low Volume
19 Wed Jan 2022 57.75 55.50 59.60 55.50 0.076 times
18 Tue Jan 2022 58.00 58.10 59.80 58.00 0.535 times
17 Mon Jan 2022 61.00 62.95 62.95 59.00 1.047 times
14 Fri Jan 2022 61.95 60.50 63.50 57.70 1.303 times
13 Thu Jan 2022 60.50 57.75 62.50 56.60 0.62 times
12 Wed Jan 2022 59.55 62.80 63.00 57.25 1.813 times
11 Tue Jan 2022 60.25 55.00 60.25 54.60 1.381 times
10 Mon Jan 2022 57.40 57.90 59.10 55.70 1.021 times
07 Fri Jan 2022 57.90 57.90 57.90 55.65 1.508 times
06 Thu Jan 2022 57.40 58.50 58.50 55.60 0.184 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 57.4 as stoploss in an intra day buy trade for a target of 58.8. However, stock will show a bearish move below 57.4.

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 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 54.52
Downside Intraday Target 51.28
Upside Intraday Target 61.97
Upside Intraday Target 66.18
Upside Intraday Target 58.73

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
19 Wed Jan 2022 57.75 62.95 62.95 55.50 0.27 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
19 Wed Jan 2022 57.75 60.00 63.50 54.60 0.48 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 16, 14, 5 Buy
MACD 4, 5Sell
Stochastics 49None
CCI -61Sell
RSI 57Buy
OBV -2774Sell
VWAP 60Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Parmax ( (Parmax) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 and SELL 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

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 59.57 and Parmax (Parmax) stock is trading below this level. This means that stock is falling with high volumes. 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 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.

Click here for Parmax charts

Click here for further forecast and predictions for tomorrow

Daily charts

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