(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 2022-04-28 View latest technical analysis
10 day averaged volume of Parmax is 1492
|Date||Daily Closing Price||Open||High||Low||Volume|
|28 Thu Apr 2022||39.65||40.05||43.40||39.55||0.896 times|
|27 Wed Apr 2022||40.50||40.00||43.70||40.00||0.45 times|
|26 Tue Apr 2022||42.00||43.70||43.70||38.60||0.286 times|
|25 Mon Apr 2022||40.15||41.95||45.95||40.00||1.878 times|
|22 Fri Apr 2022||42.00||40.00||42.00||40.00||0.476 times|
|21 Thu Apr 2022||40.00||40.00||40.00||39.10||0.818 times|
|20 Wed Apr 2022||40.80||42.50||42.50||38.50||2.948 times|
|19 Tue Apr 2022||40.05||39.10||43.10||38.10||1.645 times|
|18 Mon Apr 2022||41.85||40.35||44.50||39.45||1.107 times|
|13 Wed Apr 2022||43.00||43.80||43.80||40.00||0.09 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.4, but if it comes above 40.4, then a intra day buy could be more profitable.
If you take a sell trade below 40.4, then use 40.4 as stoploss and 38.9 as target. However if you take a buy trade in stock , then use 40.4 as stoploss and 41.65 as target.
Share price targets for Parmax (Parmax)
Intraday share price targets for Parmax (Parmax)
|Downside Intraday Target||36.85|
|Downside Intraday Target||34.05|
|Upside Intraday Target||44.2|
|Upside Intraday Target||48.75|
|Upside Intraday Target||41.4|
Weekly technical analysis of Parmax (Parmax)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|28 Thu Apr 2022||39.65||41.95||45.95||38.60||0.502 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|
|28 Thu Apr 2022||39.65||40.85||47.00||37.10||1.777 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||15, 12, 14||Buy|
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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Parmax ( (Parmax) ) based on a short to mid term time period is
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.
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 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 40.61 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.