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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)

10 day averaged volume of Parmax is 1631

Date Daily Closing Price Open High Low Volume
27 Fri Jan 2023 36.80 35.10 36.85 33.35 1.188 times
25 Wed Jan 2023 35.10 35.25 36.95 34.20 0.294 times
24 Tue Jan 2023 35.50 36.95 36.95 35.15 0.347 times
23 Mon Jan 2023 36.90 36.95 36.95 35.70 0.267 times
20 Fri Jan 2023 35.70 37.20 39.05 35.40 2.704 times
19 Thu Jan 2023 37.20 38.15 38.15 36.35 0.264 times
18 Wed Jan 2023 38.15 37.75 38.45 36.05 0.3 times
17 Tue Jan 2023 37.75 36.50 38.00 35.80 0.5 times
16 Mon Jan 2023 36.50 36.50 38.95 35.25 2.627 times
13 Fri Jan 2023 37.10 38.85 39.25 36.20 1.335 times

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 36.3 as stoploss in an intra day buy trade for a target of 37.48. However, stock will show a bearish move below 36.3.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 27.55
Downside Target 29.75
Downside Target 30.55
Downside Target 33.35
Downside Target 35.00
Upside Target 36.95
Upside Target 38.65
Upside Target 39.45
Upside Target 40.95
Upside Target 43.90
Upside Target 57.60

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 34.45
Downside Intraday Target 32.1
Upside Intraday Target 38.05
Upside Intraday Target 39.3
Downside Intraday Target 35.7

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
27 Fri Jan 2023 36.80 36.95 36.95 33.35 0.328 times
20 Fri Jan 2023 35.70 36.50 39.05 35.25 1.206 times
13 Fri Jan 2023 37.10 38.95 39.45 35.85 0.331 times
06 Fri Jan 2023 37.65 38.00 40.95 35.55 0.351 times
30 Fri Dec 2022 38.70 57.60 57.60 38.65 0.869 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
27 Fri Jan 2023 36.80 38.00 40.95 33.35 0.275 times
30 Fri Dec 2022 38.70 35.50 57.60 27.55 9.296 times
30 Wed Nov 2022 35.50 36.85 39.00 28.05 0.605 times
31 Mon Oct 2022 38.80 34.00 43.90 30.55 1.665 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 10, 20, 33 Sell
MACD -1, -1Sell
Stochastics 28Sell
CCI -104Buy
RSI 58Buy
OBV -19913Sell
VWAP 36Buy
ADL 0Sell
ROC -3Sell
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Parmax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Parmax in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 36.46 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 has given negative 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.

Click here for Parmax charts

Click here for further forecast and predictions for tomorrow

Daily charts

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