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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 2022-08-03 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)

Target Type Value
Downside Target 26.35
Downside Target 27.15
Downside Target 28.05
Upside Target 30.95
Upside Target 31.60
Upside Target 33.15
Upside Target 33.90
Upside Target 34.50
Upside Target 37.10
Upside Target 41.80
Upside Target 42.95
Upside Target 47.00

Intraday share price targets for Parmax (Parmax)

Target Type Value
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
MACD -2, -2Buy
Stochastics 66None
CCI -87Sell
RSI 38Sell
OBV -2092Sell
VWAP 31Sell
ADL 0Sell
ROC -5Sell
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 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.

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Daily charts

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