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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 2022-05-06 View latest technical analysis

10 day averaged volume of Parmax is 940

Date Daily Closing Price Open High Low Volume
06 Fri May 2022 40.35 40.85 41.65 37.90 2.03 times
05 Thu May 2022 41.65 42.80 42.80 39.10 0.277 times
04 Wed May 2022 40.10 38.25 41.95 38.25 1.059 times
02 Mon May 2022 42.40 41.95 42.90 38.05 0.35 times
29 Fri Apr 2022 41.95 42.95 42.95 39.75 0.691 times
28 Thu Apr 2022 39.65 40.05 43.40 39.55 1.422 times
27 Wed Apr 2022 40.50 40.00 43.70 40.00 0.715 times
26 Tue Apr 2022 42.00 43.70 43.70 38.60 0.454 times
25 Mon Apr 2022 40.15 41.95 45.95 40.00 2.981 times
22 Fri Apr 2022 42.00 40.00 42.00 40.00 0.755 times

Stock of Parmax (Parmax) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 40.2 as stoploss in an intra day buy trade for a target of 41.45. However, stock will show a bearish move below 40.2.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 37.10
Downside Target 37.90
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 37.87
Downside Intraday Target 35.38
Upside Intraday Target 42.87
Upside Intraday Target 45.38
Upside Intraday Target 40.38

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
06 Fri May 2022 40.35 41.95 42.90 37.90 0.593 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 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
06 Fri May 2022 40.35 41.95 42.90 37.90 0.13 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 down 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 11, 13, 8 Sell
MACD -2, -2Buy
Stochastics 34None
CCI -160Sell
RSI 49Sell
OBV -3585Sell
VWAP 41Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 SELL. 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.

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 in or above 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 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 40.58 and Parmax (Parmax) stock is trading below this level. This means that stock is falling with high volumes. 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 is giving positive 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.

Click here for Parmax charts

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Daily charts

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