(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 2022-09-20 View latest technical analysis
10 day averaged volume of Parmax is 1064
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Sep 2022 | 34.00 | 34.00 | 34.00 | 34.00 | 0.015 times |
| 19 Mon Sep 2022 | 34.00 | 32.30 | 34.95 | 32.30 | 0.535 times |
| 16 Fri Sep 2022 | 32.95 | 32.95 | 32.95 | 32.95 | 0.069 times |
| 15 Thu Sep 2022 | 32.95 | 34.35 | 34.90 | 31.25 | 0.849 times |
| 14 Wed Sep 2022 | 33.65 | 31.80 | 35.00 | 31.00 | 2.489 times |
| 13 Tue Sep 2022 | 32.45 | 32.95 | 33.95 | 30.35 | 3.306 times |
| 12 Mon Sep 2022 | 33.60 | 30.20 | 33.85 | 30.20 | 1.274 times |
| 09 Fri Sep 2022 | 33.20 | 33.40 | 33.95 | 30.25 | 0.567 times |
| 08 Thu Sep 2022 | 33.40 | 33.45 | 33.45 | 31.10 | 0.329 times |
| 07 Wed Sep 2022 | 31.90 | 33.75 | 33.75 | 30.55 | 0.463 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 33.8, but if it comes below 33.8, then a intra day sell could be more profitable.
If you take a sell trade below 33.8, then use 33.8 as stoploss and 33.02 as target. However if you take a buy trade in stock , then use 33.8 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 |
| 20 Tue Sep 2022 | 34.00 | 32.30 | 34.95 | 32.30 | 0.069 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 |
| 20 Tue Sep 2022 | 34.00 | 34.50 | 35.00 | 30.20 | 1.019 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 | 1, 0 | Buy |
| Stochastics | 72 | Buy |
| CCI | 149 | Buy |
| RSI | 52 | Buy |
| OBV | 1355 | Sell |
| VWAP | 33 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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.
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