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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 2022-04-11 View latest technical analysis

10 day averaged volume of Parmax is 1296

Date Daily Closing Price Open High Low Volume
11 Mon Apr 2022 42.00 44.80 44.80 37.10 1.654 times
08 Fri Apr 2022 40.85 44.90 46.00 40.00 1.468 times
07 Thu Apr 2022 44.00 41.00 47.00 40.65 1.421 times
06 Wed Apr 2022 43.75 40.55 43.75 40.00 0.94 times
05 Tue Apr 2022 41.85 41.25 43.20 40.55 0.235 times
04 Mon Apr 2022 42.05 41.95 42.80 40.70 1.694 times
01 Fri Apr 2022 42.80 40.85 42.80 40.00 0.27 times
31 Thu Mar 2022 40.85 43.85 44.95 40.85 1.11 times
30 Wed Mar 2022 42.95 43.00 43.00 42.95 0.085 times
29 Tue Mar 2022 41.60 45.75 45.75 41.50 2.645 times

My analysis of stock is bearish for shortterm, and stock might move down till 41.3 or till 40. Use a stoploss of 42.27 and if the stock hits stoploss, then it can shoot up till 43.28

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 37.10
Downside Target 40.00
Upside Target 44.60
Upside Target 45.75
Upside Target 46.95
Upside Target 47.00
Upside Target 49.05
Upside Target 56.80
Upside Target 63.50
Upside Target 70.90

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 37.8
Downside Intraday Target 33.6
Upside Intraday Target 45.5
Upside Intraday Target 49
Downside Intraday Target 41.3

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
11 Mon Apr 2022 42.00 44.80 44.80 37.10 0.287 times
08 Fri Apr 2022 40.85 41.95 47.00 40.00 1.358 times
01 Fri Apr 2022 42.80 44.60 45.75 40.00 2.399 times
25 Fri Mar 2022 43.70 43.90 44.60 40.05 0.71 times
17 Thu Mar 2022 41.90 44.70 44.70 40.25 1.049 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
11 Mon Apr 2022 42.00 40.85 47.00 37.10 0.675 times
31 Thu Mar 2022 40.85 46.10 46.95 40.05 1.075 times
28 Mon Feb 2022 46.10 54.50 56.80 45.00 0.197 times
31 Mon Jan 2022 53.40 60.00 63.50 49.05 0.574 times

Scroll below to view daily charts

Price has moved up 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, 19, 29 Sell
MACD -2, -3Buy
Stochastics 40None
CCI -126Sell
RSI 45Sell
OBV -4415Sell
VWAP 42Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Parmax ( (Parmax) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Parmax ( (Parmax) ) based on a mid to longer 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.

ADX buy sell signal for Parmax stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Parmax in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 below the red cloud Prices appear to be moving up

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 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 42.07 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.

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Daily charts

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Daily chart

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