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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 2022-07-20 View latest technical analysis

10 day averaged volume of Parmax is 327

Date Daily Closing Price Open High Low Volume
20 Wed Jul 2022 32.40 32.70 32.70 29.70 0.254 times
19 Tue Jul 2022 32.95 33.00 33.00 28.90 0.795 times
18 Mon Jul 2022 33.55 33.65 33.65 33.55 2.067 times
15 Fri Jul 2022 32.95 32.95 32.95 32.95 0.495 times
13 Wed Jul 2022 34.40 34.50 34.50 34.40 1.009 times
12 Tue Jul 2022 34.00 33.95 34.00 33.95 0.024 times
11 Mon Jul 2022 34.00 33.95 34.35 28.05 0.422 times
08 Fri Jul 2022 33.85 32.90 33.85 30.05 0.465 times
07 Thu Jul 2022 32.90 32.65 32.95 30.05 1.352 times
06 Wed Jul 2022 32.00 32.00 32.00 30.05 0.058 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 30.27

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 26.35
Downside Target 28.05
Downside Target 28.90
Upside 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 29.65
Downside Intraday Target 26.9
Upside Intraday Target 34.4
Upside Intraday Target 36.4
Downside Intraday Target 31.65

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
20 Wed Jul 2022 32.40 33.65 33.65 28.90 1.597 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Parmax (Parmax)

Date Monthly Closing Price Open High Low Volume
20 Wed Jul 2022 32.40 33.70 34.50 28.05 0.187 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 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, 33, 54 Sell
MACD -1, -2Buy
Stochastics 76Buy
CCI -76Sell
RSI 39Sell
OBV -737Sell
VWAP 33Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.

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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 33.43 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 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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