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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 2022-04-18 View latest technical analysis

10 day averaged volume of Parmax is 1198

Date Daily Closing Price Open High Low Volume
18 Mon Apr 2022 41.85 40.35 44.50 39.45 1.378 times
13 Wed Apr 2022 43.00 43.80 43.80 40.00 0.112 times
12 Tue Apr 2022 41.85 39.20 43.10 39.20 0.376 times
11 Mon Apr 2022 42.00 44.80 44.80 37.10 1.79 times
08 Fri Apr 2022 40.85 44.90 46.00 40.00 1.588 times
07 Thu Apr 2022 44.00 41.00 47.00 40.65 1.537 times
06 Wed Apr 2022 43.75 40.55 43.75 40.00 1.017 times
05 Tue Apr 2022 41.85 41.25 43.20 40.55 0.254 times
04 Mon Apr 2022 42.05 41.95 42.80 40.70 1.832 times
01 Fri Apr 2022 42.80 40.85 42.80 40.00 0.292 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 41.5 as stoploss in an intra day buy trade for a target of 42.42. However, stock will show a bearish move below 41.5.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 37.10
Downside Target 39.45
Upside Target 44.50
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 39.37
Downside Intraday Target 36.88
Upside Intraday Target 44.42
Upside Intraday Target 46.98
Upside Intraday Target 41.93

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
18 Mon Apr 2022 41.85 40.35 44.50 39.45 0.605 times
13 Wed Apr 2022 43.00 44.80 44.80 37.10 0.366 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

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
18 Mon Apr 2022 41.85 40.85 47.00 37.10 0.826 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, 14, 11 Sell
MACD -2, -2Buy
Stochastics 52None
CCI -24Sell
RSI 48Sell
OBV -3140Sell
VWAP 42Sell
ADL 0Sell
ROC 2Buy
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

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 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 Weak and stock is losing 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. 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 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 but selling is losing 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 42.31 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 is giving positive 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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