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)

Showing technical analysis as on 2022-09-19 View latest technical analysis

10 day averaged volume of Parmax is 1229

Date Daily Closing Price Open High Low Volume
19 Mon Sep 2022 34.00 32.30 34.95 32.30 0.463 times
16 Fri Sep 2022 32.95 32.95 32.95 32.95 0.059 times
15 Thu Sep 2022 32.95 34.35 34.90 31.25 0.735 times
14 Wed Sep 2022 33.65 31.80 35.00 31.00 2.155 times
13 Tue Sep 2022 32.45 32.95 33.95 30.35 2.862 times
12 Mon Sep 2022 33.60 30.20 33.85 30.20 1.103 times
09 Fri Sep 2022 33.20 33.40 33.95 30.25 0.491 times
08 Thu Sep 2022 33.40 33.45 33.45 31.10 0.285 times
07 Wed Sep 2022 31.90 33.75 33.75 30.55 0.401 times
06 Tue Sep 2022 32.85 33.85 33.85 31.20 0.101 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 33.7, but if it comes below 33.7, then a intra day sell could be more profitable.
If you take a sell trade below 33.7, then use 33.7 as stoploss and 32.87 as target. However if you take a buy trade in stock , then use 33.7 as stoploss and 34.7 as target.

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
Downside Target 32.30
Downside Target 33.15
Downside Target 34.00
Upside Target 34.50
Upside Target 34.95
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 32.55
Downside Intraday Target 31.1
Upside Intraday Target 35.2
Upside Intraday Target 36.4
Downside Intraday Target 33.75

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
19 Mon Sep 2022 34.00 32.30 34.95 32.30 0.067 times
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

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
19 Mon Sep 2022 34.00 34.50 35.00 30.20 1.018 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 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 14, 7, 31 Buy
MACD 0, 0Buy
Stochastics 65None
CCI 172Buy
RSI 52Buy
OBV 1467Sell
VWAP 33Buy
ADL 0Sell
ROC 0Buy
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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 33.08 and Parmax (Parmax) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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.

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