(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 2022-05-09 View latest technical analysis
10 day averaged volume of Parmax is 1009
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon May 2022 | 36.85 | 39.55 | 42.95 | 36.35 | 0.399 times |
| 06 Fri May 2022 | 40.35 | 40.85 | 41.65 | 37.90 | 1.891 times |
| 05 Thu May 2022 | 41.65 | 42.80 | 42.80 | 39.10 | 0.258 times |
| 04 Wed May 2022 | 40.10 | 38.25 | 41.95 | 38.25 | 0.986 times |
| 02 Mon May 2022 | 42.40 | 41.95 | 42.90 | 38.05 | 0.326 times |
| 29 Fri Apr 2022 | 41.95 | 42.95 | 42.95 | 39.75 | 0.644 times |
| 28 Thu Apr 2022 | 39.65 | 40.05 | 43.40 | 39.55 | 1.325 times |
| 27 Wed Apr 2022 | 40.50 | 40.00 | 43.70 | 40.00 | 0.666 times |
| 26 Tue Apr 2022 | 42.00 | 43.70 | 43.70 | 38.60 | 0.423 times |
| 25 Mon Apr 2022 | 40.15 | 41.95 | 45.95 | 40.00 | 2.777 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 37.8, for a target of 39.6 or 41.1
Share price targets for Parmax (Parmax)
| Target Type | Value |
| Downside Target | 36.35 |
| Upside Target | 37.10 |
| Upside Target | 37.90 |
| Upside Target | 40.05 |
| Upside Target | 42.90 |
| Upside Target | 44.50 |
| Upside Target | 45.00 |
| 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 | 34.48 |
| Downside Intraday Target | 32.12 |
| Upside Intraday Target | 41.08 |
| Upside Intraday Target | 45.32 |
| Upside Intraday Target | 38.72 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon May 2022 | 36.85 | 39.55 | 42.95 | 36.35 | 0.115 times |
| 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 |
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 |
| 09 Mon May 2022 | 36.85 | 41.95 | 42.95 | 36.35 | 0.145 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 | 9, 15, 22 | Sell |
| MACD | -2, -2 | Sell |
| Stochastics | 27 | Sell |
| CCI | -190 | Sell |
| RSI | 45 | Sell |
| OBV | -3684 | Sell |
| VWAP | 40 | Sell |
| ADL | 0 | Sell |
| ROC | -12 | Sell |
| 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Parmax in short term and the sell signal is strong.
Parmax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 and selling is picking up 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 40.32 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.
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