Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-07-11 View latest technical analysis

10 day averaged volume of Parmax is 388

Date Daily Closing Price Open High Low Volume
11 Mon Jul 2022 34.00 33.95 34.35 28.05 0.356 times
08 Fri Jul 2022 33.85 32.90 33.85 30.05 0.392 times
07 Thu Jul 2022 32.90 32.65 32.95 30.05 1.139 times
06 Wed Jul 2022 32.00 32.00 32.00 30.05 0.049 times
05 Tue Jul 2022 32.00 29.00 32.70 28.05 2.784 times
04 Mon Jul 2022 33.00 33.90 33.90 32.00 0.119 times
01 Fri Jul 2022 32.80 33.70 33.70 31.35 0.791 times
30 Thu Jun 2022 32.50 28.20 33.90 28.20 0.845 times
29 Wed Jun 2022 32.50 31.95 32.90 28.10 1.691 times
28 Tue Jun 2022 31.45 31.55 31.55 30.00 1.688 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 34.9 as stoploss in an intra day sell trade for a target of 32.52. However, stock will show a bullish move above 34.9.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 26.35
Downside Target 28.05
Downside Target 30.20
Downside Target 33.15
Downside Target 33.90
Upside Target 37.10
Upside Target 37.95
Upside Target 40.05
Upside Target 41.80
Upside Target 42.95
Upside Target 46.95
Upside Target 47.00

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 29.92
Downside Intraday Target 25.83
Upside Intraday Target 36.22
Upside Intraday Target 38.43
Downside Intraday Target 32.13

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
11 Mon Jul 2022 34.00 33.95 34.35 28.05 0.079 times
08 Fri Jul 2022 33.85 33.90 33.90 28.05 0.811 times
01 Fri Jul 2022 32.80 29.10 33.90 28.10 0.277 times
24 Fri Jun 2022 29.65 29.05 33.20 26.35 2.96 times
17 Fri Jun 2022 33.85 36.40 37.95 30.20 0.391 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
11 Mon Jul 2022 34.00 33.70 34.35 28.05 0.11 times
30 Thu Jun 2022 32.50 36.25 41.80 26.35 1.25 times
31 Tue May 2022 38.95 41.95 42.95 33.15 0.59 times
29 Fri Apr 2022 41.95 40.85 47.00 37.10 1.821 times

Scroll below to view daily charts

Price has moved up 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, 22, 39 Sell
MACD -2, -3Buy
Stochastics 92Buy
CCI 33Sell
RSI 38Sell
OBV -5897Sell
VWAP 32Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Parmax ( (Parmax) ) based on a short to mid 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.

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 BUY signal for Parmax in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 SELL signal for Parmax in short term but SELL signal is weak.

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 32.36 and Parmax (Parmax) stock is trading above this level. This is a good sign for the stock and it could move higher. 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme