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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 2022-05-02 View latest technical analysis

10 day averaged volume of Parmax is 1632

Date Daily Closing Price Open High Low Volume
02 Mon May 2022 42.40 41.95 42.90 38.05 0.202 times
29 Fri Apr 2022 41.95 42.95 42.95 39.75 0.398 times
28 Thu Apr 2022 39.65 40.05 43.40 39.55 0.819 times
27 Wed Apr 2022 40.50 40.00 43.70 40.00 0.412 times
26 Tue Apr 2022 42.00 43.70 43.70 38.60 0.262 times
25 Mon Apr 2022 40.15 41.95 45.95 40.00 1.717 times
22 Fri Apr 2022 42.00 40.00 42.00 40.00 0.435 times
21 Thu Apr 2022 40.00 40.00 40.00 39.10 0.748 times
20 Wed Apr 2022 40.80 42.50 42.50 38.50 2.695 times
19 Tue Apr 2022 40.05 39.10 43.10 38.10 1.504 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 42.9 as stoploss in an intra day sell trade for a target of 41.68. However, stock will show a bullish move above 42.9.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 37.10
Downside Target 38.05
Downside Target 40.00
Upside Target 42.90
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

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 39.33
Downside Intraday Target 36.27
Upside Intraday Target 44.18
Upside Intraday Target 45.97
Downside Intraday Target 41.12

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
02 Mon May 2022 42.40 41.95 42.90 38.05 0.056 times
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

Price has moved up 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
02 Mon May 2022 42.40 41.95 42.90 38.05 0.012 times
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

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, 14, 4 Sell
MACD -2, -2Buy
Stochastics 41None
CCI 9Sell
RSI 50Sell
OBV -4226Sell
VWAP 41Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 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 SELL. 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 SELL signal for Parmax in short term but SELL signal is weak.

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

Stock of Parmax is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 40.55 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 is giving positive 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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Daily charts

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