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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 2022-04-19 View latest technical analysis

10 day averaged volume of Parmax is 1219

Date Daily Closing Price Open High Low Volume
19 Tue Apr 2022 40.05 39.10 43.10 38.10 2.014 times
18 Mon Apr 2022 41.85 40.35 44.50 39.45 1.354 times
13 Wed Apr 2022 43.00 43.80 43.80 40.00 0.11 times
12 Tue Apr 2022 41.85 39.20 43.10 39.20 0.369 times
11 Mon Apr 2022 42.00 44.80 44.80 37.10 1.759 times
08 Fri Apr 2022 40.85 44.90 46.00 40.00 1.56 times
07 Thu Apr 2022 44.00 41.00 47.00 40.65 1.51 times
06 Wed Apr 2022 43.75 40.55 43.75 40.00 0.999 times
05 Tue Apr 2022 41.85 41.25 43.20 40.55 0.249 times
04 Mon Apr 2022 42.05 41.95 42.80 40.70 1.801 times

Stock of Parmax (Parmax) has showed a significant fall. This could be a good time to exit from this stock.

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 40.1, for a target of 41.3 or 42.33

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 37.10
Downside Target 38.10
Downside Target 40.00
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 37.27
Downside Intraday Target 34.48
Upside Intraday Target 43.67
Upside Intraday Target 47.28
Upside Intraday Target 40.88

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
19 Tue Apr 2022 40.05 40.35 44.50 38.10 1.505 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Parmax (Parmax)

Date Monthly Closing Price Open High Low Volume
19 Tue Apr 2022 40.05 40.85 47.00 37.10 0.993 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 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 10, 15, 23 Sell
MACD -2, -2Buy
Stochastics 46None
CCI -169Sell
RSI 47Sell
OBV -6120Sell
VWAP 42Sell
ADL 0Sell
ROC -6Sell
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

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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Parmax in short term but the buy 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. Bears are getting stronger in this stock.

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 41.91 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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Daily chart

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