Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

10 day averaged volume of Parmax is 523

Date Daily Closing Price Open High Low Volume
27 Mon Mar 2023 29.00 28.99 29.00 28.99 1.539 times
24 Fri Mar 2023 30.51 30.51 30.55 30.51 1.157 times
23 Thu Mar 2023 32.07 32.10 32.10 30.53 0.212 times
21 Tue Mar 2023 32.13 32.54 32.54 30.95 0.117 times
20 Mon Mar 2023 32.55 29.50 32.55 29.50 0.558 times
17 Fri Mar 2023 31.00 32.50 32.50 29.71 0.924 times
16 Thu Mar 2023 31.16 31.18 31.35 31.16 1.237 times
15 Wed Mar 2023 32.80 32.89 32.89 30.50 3.778 times
14 Tue Mar 2023 31.40 33.00 34.55 31.35 1.449 times
13 Mon Mar 2023 33.00 32.65 34.05 31.05 0.509 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 29.5, for a target of 31 or 32.25

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 27.55
Downside Target 28.99
Upside Target 30.60
Upside Target 32.55
Upside Target 33.30
Upside Target 34.55
Upside Target 34.60
Upside Target 34.85
Upside Target 39.00
Upside Target 39.60
Upside Target 40.95
Upside Target 57.60

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 28.99
Downside Intraday Target 28.99
Downside Intraday Target 29
Upside Intraday Target 29.01
Downside Intraday Target 29

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
27 Mon Mar 2023 29.00 28.99 29.00 28.99 0.753 times
24 Fri Mar 2023 30.51 29.50 32.55 29.50 0.259 times
17 Fri Mar 2023 31.00 32.65 34.55 29.71 1.762 times
10 Fri Mar 2023 32.65 32.31 34.60 30.90 0.556 times
03 Fri Mar 2023 34.00 33.80 34.85 30.60 1.876 times

Price has moved down 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
27 Mon Mar 2023 29.00 34.40 34.60 28.99 0.485 times
28 Tue Feb 2023 32.90 34.70 39.60 30.60 0.403 times
31 Tue Jan 2023 34.00 38.00 40.95 33.30 0.282 times
30 Fri Dec 2022 38.70 35.50 57.60 27.55 9.296 times

Scroll below to view daily charts

Price has moved down 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 8, 25, 52 Sell
MACD -2, -2Sell
Stochastics 24Sell
CCI -212Sell
RSI 55Buy
OBV -1752Sell
VWAP 32Sell
ADL 0Sell
ROC -11Sell
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 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 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 SELL signal for Parmax in short term and the sell signal is strong.

Parmax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 BUY signal in short term but buying 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 31.54 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.

Click here for Parmax charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme