(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 2022-05-10 View latest technical analysis
10 day averaged volume of Parmax is 978
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Tue May 2022 | 38.95 | 39.95 | 39.95 | 38.95 | 0.141 times |
| 09 Mon May 2022 | 36.85 | 39.55 | 42.95 | 36.35 | 0.412 times |
| 06 Fri May 2022 | 40.35 | 40.85 | 41.65 | 37.90 | 1.951 times |
| 05 Thu May 2022 | 41.65 | 42.80 | 42.80 | 39.10 | 0.266 times |
| 04 Wed May 2022 | 40.10 | 38.25 | 41.95 | 38.25 | 1.017 times |
| 02 Mon May 2022 | 42.40 | 41.95 | 42.90 | 38.05 | 0.336 times |
| 29 Fri Apr 2022 | 41.95 | 42.95 | 42.95 | 39.75 | 0.665 times |
| 28 Thu Apr 2022 | 39.65 | 40.05 | 43.40 | 39.55 | 1.367 times |
| 27 Wed Apr 2022 | 40.50 | 40.00 | 43.70 | 40.00 | 0.687 times |
| 26 Tue Apr 2022 | 42.00 | 43.70 | 43.70 | 38.60 | 0.437 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.5, but if it comes above 39.5, then a intra day buy could be more profitable.
If you take a sell trade below 39.5, then use 39.5 as stoploss and 37.8 as target. However if you take a buy trade in stock , then use 39.5 as stoploss and 40.85 as target.
Share price targets for Parmax (Parmax)
| Target Type | Value |
| Downside Target | 36.35 |
| Downside Target | 37.10 |
| Downside 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 | 35.88 |
| Downside Intraday Target | 32.82 |
| Upside Intraday Target | 42.48 |
| Upside Intraday Target | 46.02 |
| Upside Intraday Target | 39.42 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Tue May 2022 | 38.95 | 39.55 | 42.95 | 36.35 | 0.155 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 |
| 10 Tue May 2022 | 38.95 | 41.95 | 42.95 | 36.35 | 0.15 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, 14, 22 | Sell |
| MACD | -2, -2 | Sell |
| Stochastics | 24 | Sell |
| CCI | -102 | Buy |
| RSI | 47 | Sell |
| OBV | -4764 | Sell |
| VWAP | 40 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | 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 moving up
CCI has generated a buy signal for Parmax in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 40.36 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 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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