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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 2022-01-21 View latest technical analysis

10 day averaged volume of Parmax is 5157

Date Daily Closing Price Open High Low Volume
21 Fri Jan 2022 55.35 55.00 58.20 54.80 0.265 times
20 Thu Jan 2022 57.50 57.75 59.80 55.05 0.765 times
19 Wed Jan 2022 57.75 55.50 59.60 55.50 0.075 times
18 Tue Jan 2022 58.00 58.10 59.80 58.00 0.531 times
17 Mon Jan 2022 61.00 62.95 62.95 59.00 1.039 times
14 Fri Jan 2022 61.95 60.50 63.50 57.70 1.294 times
13 Thu Jan 2022 60.50 57.75 62.50 56.60 0.616 times
12 Wed Jan 2022 59.55 62.80 63.00 57.25 1.8 times
11 Tue Jan 2022 60.25 55.00 60.25 54.60 1.371 times
10 Mon Jan 2022 57.40 57.90 59.10 55.70 1.013 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 55, for a target of 56.9 or 58.54

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 52.45
Downside Intraday Target 49.55
Upside Intraday Target 60.6
Upside Intraday Target 65.85
Upside Intraday Target 57.7

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
21 Fri Jan 2022 55.35 62.95 62.95 54.80 0.439 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
21 Fri Jan 2022 55.35 60.00 63.50 54.60 0.524 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 13, 13, 0 Sell
MACD 3, 4Sell
Stochastics 25Sell
CCI -127Sell
RSI 57Buy
OBV -8202Sell
VWAP 60Sell
ADL 0Sell
ROC -4Sell
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 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 to mid 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 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 SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but buying is losing 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 59.59 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 negative.

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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