(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 2022-04-29 View latest technical analysis
10 day averaged volume of Parmax is 1581
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Fri Apr 2022 | 41.95 | 42.95 | 42.95 | 39.75 | 0.411 times |
| 28 Thu Apr 2022 | 39.65 | 40.05 | 43.40 | 39.55 | 0.846 times |
| 27 Wed Apr 2022 | 40.50 | 40.00 | 43.70 | 40.00 | 0.425 times |
| 26 Tue Apr 2022 | 42.00 | 43.70 | 43.70 | 38.60 | 0.27 times |
| 25 Mon Apr 2022 | 40.15 | 41.95 | 45.95 | 40.00 | 1.772 times |
| 22 Fri Apr 2022 | 42.00 | 40.00 | 42.00 | 40.00 | 0.449 times |
| 21 Thu Apr 2022 | 40.00 | 40.00 | 40.00 | 39.10 | 0.772 times |
| 20 Wed Apr 2022 | 40.80 | 42.50 | 42.50 | 38.50 | 2.782 times |
| 19 Tue Apr 2022 | 40.05 | 39.10 | 43.10 | 38.10 | 1.553 times |
| 18 Mon Apr 2022 | 41.85 | 40.35 | 44.50 | 39.45 | 1.044 times |
My analysis of stock is bullish for shortterm, and stock might move up till 42.8 or till 44.2. Use a stoploss of 41.6 and if this stock hits its stoploss, then it can fall down till 40.4
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 | 38.38 |
| Downside Intraday Target | 34.82 |
| Upside Intraday Target | 45.73 |
| Upside Intraday Target | 49.52 |
| Upside Intraday Target | 42.17 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Fri Apr 2022 | 41.95 | 41.95 | 45.95 | 38.60 | 0.564 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 |
| 29 Fri Apr 2022 | 41.95 | 40.85 | 47.00 | 37.10 | 1.821 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, 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 | 14, 11, 15 | Buy |
| MACD | -2, -2 | Buy |
| Stochastics | 33 | None |
| CCI | 48 | Buy |
| RSI | 52 | Buy |
| OBV | -4445 | Sell |
| VWAP | 41 | Buy |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 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 gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Parmax in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 40.64 and Parmax (Parmax) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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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