(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 2022-04-22 View latest technical analysis
10 day averaged volume of Parmax is 1742
|Date||Daily Closing Price||Open||High||Low||Volume|
|22 Fri Apr 2022||42.00||40.00||42.00||40.00||0.408 times|
|21 Thu Apr 2022||40.00||40.00||40.00||39.10||0.701 times|
|20 Wed Apr 2022||40.80||42.50||42.50||38.50||2.525 times|
|19 Tue Apr 2022||40.05||39.10||43.10||38.10||1.409 times|
|18 Mon Apr 2022||41.85||40.35||44.50||39.45||0.948 times|
|13 Wed Apr 2022||43.00||43.80||43.80||40.00||0.077 times|
|12 Tue Apr 2022||41.85||39.20||43.10||39.20||0.258 times|
|11 Mon Apr 2022||42.00||44.80||44.80||37.10||1.231 times|
|08 Fri Apr 2022||40.85||44.90||46.00||40.00||1.092 times|
|07 Thu Apr 2022||44.00||41.00||47.00||40.65||1.057 times|
My analysis of stock is bearish for shortterm, and stock might move down till 40.9 or till 39.5. Use a stoploss of 42.11 and if the stock hits stoploss, then it can shoot up till 43.28
Share price targets for Parmax (Parmax)
Intraday share price targets for Parmax (Parmax)
|Downside Intraday Target||38.57|
|Downside Intraday Target||35.13|
|Upside Intraday Target||44.97|
|Upside Intraday Target||47.93|
|Downside Intraday Target||41.53|
Weekly technical analysis of Parmax (Parmax)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|22 Fri Apr 2022||42.00||40.35||44.50||38.10||3.826 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|
|22 Fri Apr 2022||42.00||40.85||47.00||37.10||1.422 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||13, 12, 4||Buy|
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 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 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 BUY. 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. Bears are weakening, and bulls 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 41.34 and Parmax (Parmax) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.