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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 2022-08-17 View latest technical analysis

10 day averaged volume of Parmax is 673

Date Daily Closing Price Open High Low Volume
17 Wed Aug 2022 31.05 30.40 32.00 29.50 1.104 times
16 Tue Aug 2022 29.80 31.90 31.90 29.80 0.984 times
12 Fri Aug 2022 29.20 32.50 32.50 28.70 4.269 times
11 Thu Aug 2022 31.85 31.35 31.95 30.00 0.804 times
10 Wed Aug 2022 31.35 31.45 31.45 30.05 0.603 times
08 Mon Aug 2022 31.45 28.20 31.50 28.20 0.111 times
05 Fri Aug 2022 30.90 31.70 31.70 28.70 0.97 times
04 Thu Aug 2022 31.85 30.90 31.85 27.15 0.464 times
03 Wed Aug 2022 30.90 31.60 31.60 27.15 0.325 times
02 Tue Aug 2022 30.95 30.95 30.95 30.00 0.715 times

My analysis of stock is bearish for shortterm, and stock might move down till 30.2 or till 29.1. Use a stoploss of 31.07 and if the stock hits stoploss, then it can shoot up till 31.95

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 26.35
Downside Target 27.15
Downside Target 28.20
Downside Target 29.50
Downside Target 30.95
Upside Target 31.85
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 29.7
Downside Intraday Target 28.35
Upside Intraday Target 32.2
Upside Intraday Target 33.35
Downside Intraday Target 30.85

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
17 Wed Aug 2022 31.05 31.90 32.00 29.50 0.361 times
12 Fri Aug 2022 29.20 28.20 32.50 28.20 1.797 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

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
17 Wed Aug 2022 31.05 30.50 32.50 27.15 1.032 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, 23, 72 Sell
MACD -2, -2Buy
Stochastics 54None
CCI 67Buy
RSI 39Sell
OBV -3511Sell
VWAP 30Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 tired and bears are picking up momentum.

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 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 30.26 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 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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