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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 2022-07-26 View latest technical analysis

10 day averaged volume of Parmax is 481

Date Daily Closing Price Open High Low Volume
26 Tue Jul 2022 30.95 30.30 30.95 30.30 0.017 times
25 Mon Jul 2022 30.90 30.95 30.95 30.90 0.108 times
22 Fri Jul 2022 30.55 32.70 32.70 28.60 4.944 times
21 Thu Jul 2022 32.30 30.00 32.40 29.80 1.507 times
20 Wed Jul 2022 32.40 32.70 32.70 29.70 0.173 times
19 Tue Jul 2022 32.95 33.00 33.00 28.90 0.541 times
18 Mon Jul 2022 33.55 33.65 33.65 33.55 1.405 times
15 Fri Jul 2022 32.95 32.95 32.95 32.95 0.337 times
13 Wed Jul 2022 34.40 34.50 34.50 34.40 0.686 times
12 Tue Jul 2022 34.00 33.95 34.00 33.95 0.017 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.5, but if it comes above 31.5, then a intra day buy could be more profitable.
If you take a sell trade below 31.5, then use 31.5 as stoploss and 30.3 as target. However if you take a buy trade in stock , then use 31.5 as stoploss and 32.6 as target.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 26.35
Downside Target 28.05
Downside Target 30.30
Downside Target 30.95
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 30.52
Downside Intraday Target 30.08
Upside Intraday Target 31.17
Upside Intraday Target 31.38
Downside Intraday Target 30.73

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
26 Tue Jul 2022 30.95 30.95 30.95 30.30 0.015 times
22 Fri Jul 2022 30.55 33.65 33.65 28.60 6.461 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

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
26 Tue Jul 2022 30.95 33.70 34.50 28.05 0.346 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 7, 31, 61 Sell
MACD -2, -2Sell
Stochastics 41None
CCI -79Sell
RSI 36Sell
OBV -1027Sell
VWAP 32Sell
ADL 0Sell
ROC -9Sell
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 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 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 SELL signal for Parmax in short term and the sell signal is strong.

Parmax Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 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 31.79 and Parmax (Parmax) stock is trading below this level. This means that stock is falling with high volumes. 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 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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