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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 2022-04-22 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)

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 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
MACD -2, -2Buy
Stochastics 39None
CCI -14Buy
RSI 49Sell
OBV -3859Sell
VWAP 41Buy
ADL 0Sell
ROC -4Sell
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 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.

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