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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 2022-09-16 View latest technical analysis

10 day averaged volume of Parmax is 1254

Date Daily Closing Price Open High Low Volume
16 Fri Sep 2022 32.95 32.95 32.95 32.95 0.058 times
15 Thu Sep 2022 32.95 34.35 34.90 31.25 0.72 times
14 Wed Sep 2022 33.65 31.80 35.00 31.00 2.112 times
13 Tue Sep 2022 32.45 32.95 33.95 30.35 2.805 times
12 Mon Sep 2022 33.60 30.20 33.85 30.20 1.081 times
09 Fri Sep 2022 33.20 33.40 33.95 30.25 0.481 times
08 Thu Sep 2022 33.40 33.45 33.45 31.10 0.279 times
07 Wed Sep 2022 31.90 33.75 33.75 30.55 0.393 times
06 Tue Sep 2022 32.85 33.85 33.85 31.20 0.099 times
05 Mon Sep 2022 33.85 32.95 34.00 30.60 1.773 times

My analysis of stock is bullish for shortterm, and stock might move up till 33.6 or till 34.6. Use a stoploss of 32.77 and if this stock hits its stoploss, then it can fall down till 31.94

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 26.35
Downside Target 27.15
Downside Target 29.05
Downside Target 30.10
Upside Target 33.00
Upside Target 34.00
Upside Target 34.50
Upside Target 35.00
Upside Target 41.80
Upside Target 42.95

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 30.43
Downside Intraday Target 27.92
Upside Intraday Target 35.23
Upside Intraday Target 37.52
Downside Intraday Target 32.72

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
16 Fri Sep 2022 32.95 30.20 35.00 30.20 2.24 times
09 Fri Sep 2022 33.20 32.95 34.00 30.25 1.068 times
02 Fri Sep 2022 32.75 34.50 34.50 30.10 1.284 times
26 Fri Aug 2022 32.00 33.00 34.40 29.05 1.144 times
19 Fri Aug 2022 32.10 31.90 33.00 29.50 0.621 times

Price has moved down 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
16 Fri Sep 2022 32.95 34.50 35.00 30.20 0.976 times
30 Tue Aug 2022 33.85 30.50 34.50 27.15 1.893 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

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 7, 8, 2 Sell
MACD 0, 0Buy
Stochastics 62None
CCI 70Sell
RSI 52Buy
OBV 1798Sell
VWAP 33Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 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 mid to longer 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.

ADX buy sell signal for Parmax stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Parmax in short term and the buy signal is strong.

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Parmax in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Parmax is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 33.17 and Parmax (Parmax) stock is trading below this level. This means that stock is falling with high volumes. 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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Daily charts

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