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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 2022-01-25 View latest technical analysis

10 day averaged volume of Parmax is 4065

Date Daily Closing Price Open High Low Volume
25 Tue Jan 2022 54.00 54.05 56.65 54.00 0.222 times
24 Mon Jan 2022 56.75 57.90 57.90 54.00 0.16 times
21 Fri Jan 2022 55.35 55.00 58.20 54.80 0.337 times
20 Thu Jan 2022 57.50 57.75 59.80 55.05 0.971 times
19 Wed Jan 2022 57.75 55.50 59.60 55.50 0.095 times
18 Tue Jan 2022 58.00 58.10 59.80 58.00 0.674 times
17 Mon Jan 2022 61.00 62.95 62.95 59.00 1.319 times
14 Fri Jan 2022 61.95 60.50 63.50 57.70 1.641 times
13 Thu Jan 2022 60.50 57.75 62.50 56.60 0.781 times
12 Wed Jan 2022 59.55 62.80 63.00 57.25 2.283 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 54.2, for a target of 56.4 or 58.34

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 54.00
Upside Target 57.90
Upside Target 61.00
Upside Target 62.95
Upside Target 63.50
Upside Target 65.00
Upside Target 70.90

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 52.7
Downside Intraday Target 51.4
Upside Intraday Target 56.6
Upside Intraday Target 59.2
Upside Intraday Target 55.3

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
25 Tue Jan 2022 54.00 57.90 57.90 54.00 0.113 times
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

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
25 Tue Jan 2022 54.00 60.00 63.50 54.00 0.537 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 11, 13, 7 Sell
MACD 2, 3Sell
Stochastics 12Sell
CCI -124Sell
RSI 54Buy
OBV -1109Sell
VWAP 60Sell
ADL 0Sell
ROC -10Sell
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

Although the stock is in the BUY zone, but buying 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 59.58 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 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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