(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, -2 | Sell |
| Stochastics | 24 | Sell |
| CCI | -212 | Sell |
| RSI | 55 | Buy |
| OBV | -1752 | Sell |
| VWAP | 32 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
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.
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