(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 2022-04-25 View latest technical analysis
10 day averaged volume of Parmax is 1691
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Mon Apr 2022 | 40.15 | 41.95 | 45.95 | 40.00 | 1.657 times |
| 22 Fri Apr 2022 | 42.00 | 40.00 | 42.00 | 40.00 | 0.42 times |
| 21 Thu Apr 2022 | 40.00 | 40.00 | 40.00 | 39.10 | 0.722 times |
| 20 Wed Apr 2022 | 40.80 | 42.50 | 42.50 | 38.50 | 2.601 times |
| 19 Tue Apr 2022 | 40.05 | 39.10 | 43.10 | 38.10 | 1.452 times |
| 18 Mon Apr 2022 | 41.85 | 40.35 | 44.50 | 39.45 | 0.976 times |
| 13 Wed Apr 2022 | 43.00 | 43.80 | 43.80 | 40.00 | 0.079 times |
| 12 Tue Apr 2022 | 41.85 | 39.20 | 43.10 | 39.20 | 0.266 times |
| 11 Mon Apr 2022 | 42.00 | 44.80 | 44.80 | 37.10 | 1.268 times |
| 08 Fri Apr 2022 | 40.85 | 44.90 | 46.00 | 40.00 | 1.125 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.7, but if it comes above 40.7, then a intra day buy could be more profitable.
If you take a sell trade below 40.7, then use 40.7 as stoploss and 39.3 as target. However if you take a buy trade in stock , then use 40.7 as stoploss and 41.99 as target.
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 | 45.95 |
| 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 | 38.12 |
| Downside Intraday Target | 36.08 |
| Upside Intraday Target | 44.07 |
| Upside Intraday Target | 47.98 |
| Upside Intraday Target | 42.03 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Mon Apr 2022 | 40.15 | 41.95 | 45.95 | 40.00 | 0.268 times |
| 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 |
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 |
| 25 Mon Apr 2022 | 40.15 | 40.85 | 47.00 | 37.10 | 1.611 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, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Parmax (Parmax)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 22, 11, 34 | Buy |
| MACD | -2, -2 | Buy |
| Stochastics | 38 | None |
| CCI | 72 | Buy |
| RSI | 48 | Sell |
| OBV | -6661 | Sell |
| VWAP | 41 | Sell |
| ADL | 0 | Sell |
| ROC | -9 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Parmax ( (Parmax) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 to mid 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 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 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 buy signal for Parmax in short term and BUY 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
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 40.88 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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