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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 2022-08-10 View latest technical analysis

10 day averaged volume of Parmax is 262

Date Daily Closing Price Open High Low Volume
10 Wed Aug 2022 31.35 31.45 31.45 30.05 1.55 times
08 Mon Aug 2022 31.45 28.20 31.50 28.20 0.286 times
05 Fri Aug 2022 30.90 31.70 31.70 28.70 2.492 times
04 Thu Aug 2022 31.85 30.90 31.85 27.15 1.191 times
03 Wed Aug 2022 30.90 31.60 31.60 27.15 0.836 times
02 Tue Aug 2022 30.95 30.95 30.95 30.00 1.836 times
01 Mon Aug 2022 30.80 30.50 30.90 30.00 1.92 times
29 Fri Jul 2022 30.50 30.95 30.95 28.20 0.256 times
28 Thu Jul 2022 30.70 30.95 30.95 30.65 0.775 times
27 Wed Jul 2022 30.00 27.20 30.95 27.20 0.393 times

My analysis of stock is bearish for shortterm, and stock might move down till 30.5 or till 29. Use a stoploss of 31.72 and if the stock hits stoploss, then it can shoot up till 32.96

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 26.35
Downside Target 27.15
Downside Target 28.05
Downside Target 30.95
Upside Target 33.15
Upside Target 33.65
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 29.2
Downside Intraday Target 27.05
Upside Intraday Target 32.5
Upside Intraday Target 33.65
Downside Intraday Target 30.35

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
10 Wed Aug 2022 31.35 28.20 31.50 28.20 0.222 times
05 Fri Aug 2022 30.90 30.50 31.85 27.15 5.007 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

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
10 Wed Aug 2022 31.35 30.50 31.85 27.15 0.366 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 3, 28, 78 Sell
MACD -2, -2Buy
Stochastics 87Buy
CCI 115Buy
RSI 41Sell
OBV -2278Sell
VWAP 31Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Parmax ( (Parmax) ) based on a short 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 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 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 coming down

CCI has generated a buy signal for Parmax in short term and BUY 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 31.01 and Parmax (Parmax) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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