(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 2022-08-04 View latest technical analysis
10 day averaged volume of Parmax is 474
|Date||Daily Closing Price||Open||High||Low||Volume|
|04 Thu Aug 2022||31.85||30.90||31.85||27.15||0.658 times|
|03 Wed Aug 2022||30.90||31.60||31.60||27.15||0.462 times|
|02 Tue Aug 2022||30.95||30.95||30.95||30.00||1.015 times|
|01 Mon Aug 2022||30.80||30.50||30.90||30.00||1.061 times|
|29 Fri Jul 2022||30.50||30.95||30.95||28.20||0.141 times|
|28 Thu Jul 2022||30.70||30.95||30.95||30.65||0.428 times|
|27 Wed Jul 2022||30.00||27.20||30.95||27.20||0.217 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||0.11 times|
|22 Fri Jul 2022||30.55||32.70||32.70||28.60||5.017 times|
My analysis of stock is bearish for shortterm, and stock might move down till 30.7 or till 29. Use a stoploss of 32.07 and if the stock hits stoploss, then it can shoot up till 33.46
Share price targets for Parmax (Parmax)
Intraday share price targets for Parmax (Parmax)
|Downside Intraday Target||28.72|
|Downside Intraday Target||25.58|
|Upside Intraday Target||33.42|
|Upside Intraday Target||34.98|
|Downside Intraday Target||30.28|
Weekly technical analysis of Parmax (Parmax)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|04 Thu Aug 2022||31.85||30.50||31.85||27.15||3.499 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|
|04 Thu Aug 2022||31.85||30.50||31.85||27.15||0.209 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, 35, 78||Sell|
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 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 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 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 stronger in this stock.
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 but BUY signal is weak.
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 30.73 and Parmax (Parmax) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.