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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 943

Date Daily Closing Price Open High Low Volume
25 Fri Nov 2022 33.70 36.95 36.95 33.70 1.869 times
24 Thu Nov 2022 35.95 35.95 37.00 33.80 0.398 times
23 Wed Nov 2022 35.75 37.00 37.00 33.55 0.462 times
22 Tue Nov 2022 36.40 35.25 37.50 34.00 1.072 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 0.403 times
17 Thu Nov 2022 38.50 36.95 39.00 36.70 0.519 times
16 Wed Nov 2022 36.95 34.85 36.95 34.70 0.531 times
15 Tue Nov 2022 34.85 33.70 35.50 28.05 4.24 times
14 Mon Nov 2022 33.70 33.00 37.45 33.00 2.248 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 33.2, for a target of 35 or 36.45

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
Upside Target 34.50
Upside Target 36.45
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 32.28
Downside Intraday Target 30.87
Upside Intraday Target 36.38
Upside Intraday Target 39.07
Upside Intraday Target 34.97

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
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
28 Fri Oct 2022 39.40 43.90 43.90 36.45 0.489 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 Fri Nov 2022 33.70 36.85 39.00 28.05 0.552 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 8, 26, 53 Sell
MACD 0, 1Sell
Stochastics 65None
CCI -59Sell
RSI 49Sell
OBV 1735Sell
VWAP 35Sell
ADL 0Sell
ROC -8Sell
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 Strong 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 34.99 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 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

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Daily charts

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Daily chart

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