(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, -2 | Buy |
| Stochastics | 34 | None |
| CCI | -160 | Sell |
| RSI | 49 | Sell |
| OBV | -3585 | Sell |
| VWAP | 41 | Sell |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
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.
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