(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 2022-01-20 View latest technical analysis
10 day averaged volume of Parmax is 4857
|Date||Daily Closing Price||Open||High||Low||Volume|
|20 Thu Jan 2022||57.50||57.75||59.80||55.05||0.812 times|
|19 Wed Jan 2022||57.75||55.50||59.60||55.50||0.08 times|
|18 Tue Jan 2022||58.00||58.10||59.80||58.00||0.564 times|
|17 Mon Jan 2022||61.00||62.95||62.95||59.00||1.104 times|
|14 Fri Jan 2022||61.95||60.50||63.50||57.70||1.374 times|
|13 Thu Jan 2022||60.50||57.75||62.50||56.60||0.654 times|
|12 Wed Jan 2022||59.55||62.80||63.00||57.25||1.911 times|
|11 Tue Jan 2022||60.25||55.00||60.25||54.60||1.455 times|
|10 Mon Jan 2022||57.40||57.90||59.10||55.70||1.076 times|
|07 Fri Jan 2022||57.90||57.90||57.90||55.65||1.589 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 57.3 as stoploss in an intra day buy trade for a target of 58.72. However, stock will show a bearish move below 57.3.
Share price targets for Parmax (Parmax)
Intraday share price targets for Parmax (Parmax)
|Downside Intraday Target||54.05|
|Downside Intraday Target||50.6|
|Upside Intraday Target||61.95|
|Upside Intraday Target||66.4|
|Upside Intraday Target||58.5|
Weekly technical analysis of Parmax (Parmax)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|20 Thu Jan 2022||57.50||62.95||62.95||55.05||0.396 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|
|20 Thu Jan 2022||57.50||60.00||63.50||54.60||0.513 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||14, 14, 2||Buy|
Price action analysis of Parmax ( (Parmax) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 to mid 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 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
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 59.45 and Parmax (Parmax) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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.