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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)

Showing technical analysis as on 2022-07-15 View latest technical analysis

10 day averaged volume of Parmax is 285

Date Daily Closing Price Open High Low Volume
15 Fri Jul 2022 32.95 32.95 32.95 32.95 0.568 times
13 Wed Jul 2022 34.40 34.50 34.50 34.40 1.158 times
12 Tue Jul 2022 34.00 33.95 34.00 33.95 0.028 times
11 Mon Jul 2022 34.00 33.95 34.35 28.05 0.484 times
08 Fri Jul 2022 33.85 32.90 33.85 30.05 0.533 times
07 Thu Jul 2022 32.90 32.65 32.95 30.05 1.551 times
06 Wed Jul 2022 32.00 32.00 32.00 30.05 0.067 times
05 Tue Jul 2022 32.00 29.00 32.70 28.05 3.789 times
04 Mon Jul 2022 33.00 33.90 33.90 32.00 0.161 times
01 Fri Jul 2022 32.80 33.70 33.70 31.35 1.077 times

My analysis of stock is bullish for shortterm, and stock might move up till 34 or till 36.3. Use a stoploss of 32.15 and if this stock hits its stoploss, then it can fall down till 30.26

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 26.35
Downside Target 28.05
Downside Target 30.20
Upside Target 33.15
Upside 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 29.17
Downside Intraday Target 25.38
Upside Intraday Target 35.62
Upside Intraday Target 38.28
Downside Intraday Target 31.83

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
15 Fri Jul 2022 32.95 33.95 34.50 28.05 0.367 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 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
15 Fri Jul 2022 32.95 33.70 34.50 28.05 0.135 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 11, 26, 41 Sell
MACD -2, -2Buy
Stochastics 90Buy
CCI 30Sell
RSI 36Sell
OBV -5940Sell
VWAP 33Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Parmax ( (Parmax) ) based on a short 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 short 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 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 tired and bears are picking up momentum.

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 but SELL 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 32.82 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.

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Daily charts

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