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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)

10 day averaged volume of Parmax is 955

Date Daily Closing Price Open High Low Volume
29 Tue Nov 2022 35.90 35.95 35.95 35.90 0.076 times
28 Mon Nov 2022 35.60 33.70 36.10 33.70 0.621 times
25 Fri Nov 2022 33.70 36.95 36.95 33.70 1.845 times
24 Thu Nov 2022 35.95 35.95 37.00 33.80 0.393 times
23 Wed Nov 2022 35.75 37.00 37.00 33.55 0.457 times
22 Tue Nov 2022 36.40 35.25 37.50 34.00 1.059 times
21 Mon Nov 2022 37.65 37.65 37.65 37.65 0.002 times
18 Fri Nov 2022 36.90 37.00 38.45 33.10 0.398 times
17 Thu Nov 2022 38.50 36.95 39.00 36.70 0.512 times
16 Wed Nov 2022 36.95 34.85 36.95 34.70 0.525 times

My analysis of stock is bearish for shortterm, and stock might move down till 34.9 or till 33.5. Use a stoploss of 36.11 and if the stock hits stoploss, then it can shoot up till 37.31

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 27.15
Downside Target 28.05
Downside Target 29.75
Downside Target 30.55
Downside Target 32.50
Downside Target 33.20
Downside Target 34.50
Upside Target 36.10
Upside Target 37.65
Upside Target 38.45
Upside Target 39.00
Upside Target 43.90

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 34.37
Downside Intraday Target 32.83
Upside Intraday Target 36.77
Upside Intraday Target 37.63
Downside Intraday Target 35.23

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
29 Tue Nov 2022 35.90 33.70 36.10 33.70 0.186 times
25 Fri Nov 2022 33.70 37.65 37.65 33.55 0.479 times
18 Fri Nov 2022 36.90 33.00 39.00 28.05 3.299 times
11 Fri Nov 2022 36.50 37.20 38.45 32.50 0.551 times
04 Fri Nov 2022 36.75 37.00 39.00 33.20 1.57 times

Price has moved up 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
29 Tue Nov 2022 35.90 36.85 39.00 28.05 0.573 times
31 Mon Oct 2022 38.80 34.00 43.90 30.55 1.665 times
30 Fri Sep 2022 34.00 34.50 35.00 29.75 1.38 times
30 Tue Aug 2022 33.85 30.50 34.50 27.15 1.893 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 7, 24, 53 Sell
MACD 0, 0Sell
Stochastics 56None
CCI -15Buy
RSI 48Sell
OBV 1290Sell
VWAP 36Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Parmax ( (Parmax) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong and stock is gaining 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Parmax in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 35.65 and Parmax (Parmax) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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.

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Daily charts

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