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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 2022-07-18 View latest technical analysis

10 day averaged volume of Parmax is 268

Date Daily Closing Price Open High Low Volume
18 Mon Jul 2022 33.55 33.65 33.65 33.55 2.522 times
15 Fri Jul 2022 32.95 32.95 32.95 32.95 0.604 times
13 Wed Jul 2022 34.40 34.50 34.50 34.40 1.231 times
12 Tue Jul 2022 34.00 33.95 34.00 33.95 0.03 times
11 Mon Jul 2022 34.00 33.95 34.35 28.05 0.515 times
08 Fri Jul 2022 33.85 32.90 33.85 30.05 0.567 times
07 Thu Jul 2022 32.90 32.65 32.95 30.05 1.649 times
06 Wed Jul 2022 32.00 32.00 32.00 30.05 0.071 times
05 Tue Jul 2022 32.00 29.00 32.70 28.05 4.03 times
04 Mon Jul 2022 33.00 33.90 33.90 32.00 0.172 times

Stock of Parmax (Parmax) has showed a significant upmove. This could be a good time to enter in this stock!

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 as stoploss in an intra day sell trade for a target of 32.13. However, stock will show a bullish move above 34.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 26.35
Downside Target 28.05
Downside Target 33.15
Upside Target 34.50
Upside Target 37.10
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 33.52
Downside Intraday Target 33.48
Upside Intraday Target 33.62
Upside Intraday Target 33.68
Upside Intraday Target 33.58

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
18 Mon Jul 2022 33.55 33.65 33.65 33.55 1.06 times
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

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
18 Mon Jul 2022 33.55 33.70 34.50 28.05 0.17 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 13, 25, 31 Sell
MACD -1, -2Buy
Stochastics 87Buy
CCI 67Buy
RSI 36Sell
OBV -5723Sell
VWAP 33Buy
ADL 0Sell
ROC 2Buy
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 losing 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 moving up

CCI has generated a buy signal for Parmax in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 32.99 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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