(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 2022-08-03 View latest technical analysis
10 day averaged volume of Parmax is 460
|Date||Daily Closing Price||Open||High||Low||Volume|
|03 Wed Aug 2022||30.90||31.60||31.60||27.15||0.476 times|
|02 Tue Aug 2022||30.95||30.95||30.95||30.00||1.046 times|
|01 Mon Aug 2022||30.80||30.50||30.90||30.00||1.093 times|
|29 Fri Jul 2022||30.50||30.95||30.95||28.20||0.146 times|
|28 Thu Jul 2022||30.70||30.95||30.95||30.65||0.441 times|
|27 Wed Jul 2022||30.00||27.20||30.95||27.20||0.224 times|
|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||0.113 times|
|22 Fri Jul 2022||30.55||32.70||32.70||28.60||5.17 times|
|21 Thu Jul 2022||32.30||30.00||32.40||29.80||1.576 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 30.7 as stoploss in an intra day buy trade for a target of 32.08. However, stock will show a bearish move below 30.7.
Share price targets for Parmax (Parmax)
Intraday share price targets for Parmax (Parmax)
|Downside Intraday Target||28.17|
|Downside Intraday Target||25.43|
|Upside Intraday Target||32.62|
|Upside Intraday Target||34.33|
|Downside Intraday Target||29.88|
Weekly technical analysis of Parmax (Parmax)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|03 Wed Aug 2022||30.90||30.50||31.60||27.15||2.778 times|
|29 Fri Jul 2022||30.50||30.95||30.95||27.20||0.105 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|
Price has moved up 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|
|03 Wed Aug 2022||30.90||30.50||31.60||27.15||0.166 times|
|29 Fri Jul 2022||30.50||33.70||34.50||27.20||0.365 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|
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||4, 43, 81||Sell|
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Parmax ( (Parmax) ) based on a short to mid 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 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 30.9 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.