Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

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 54.05
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
MACD 4, 4Sell
Stochastics 35None
CCI -72Sell
RSI 59Buy
OBV -9556Sell
VWAP 59Sell
ADL 0Sell
ROC 0Buy
Force Index 0Sell

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.

Click here for Parmax charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme