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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 2022-09-22 View latest technical analysis

10 day averaged volume of Parmax is 1050

Date Daily Closing Price Open High Low Volume
22 Thu Sep 2022 33.95 32.00 34.60 31.05 0.468 times
21 Wed Sep 2022 34.30 34.00 34.75 32.55 0.438 times
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 0.542 times
16 Fri Sep 2022 32.95 32.95 32.95 32.95 0.07 times
15 Thu Sep 2022 32.95 34.35 34.90 31.25 0.86 times
14 Wed Sep 2022 33.65 31.80 35.00 31.00 2.522 times
13 Tue Sep 2022 32.45 32.95 33.95 30.35 3.35 times
12 Mon Sep 2022 33.60 30.20 33.85 30.20 1.291 times
09 Fri Sep 2022 33.20 33.40 33.95 30.25 0.574 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 33.9, but if it comes below 33.9, then a intra day sell could be more profitable.
If you take a sell trade below 33.9, then use 33.9 as stoploss and 33.2 as target. However if you take a buy trade in stock , then use 33.9 as stoploss and 34.8 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 31.05
Downside Target 33.15
Upside 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 31.68
Downside Intraday Target 29.42
Upside Intraday Target 35.58
Upside Intraday Target 37.22
Downside Intraday Target 33.32

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
22 Thu Sep 2022 33.95 32.30 34.95 31.05 0.181 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
22 Thu Sep 2022 33.95 34.50 35.00 30.20 1.088 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 11, 16, 21 Sell
MACD 1, 1Buy
Stochastics 81Buy
CCI 10Sell
RSI 52Buy
OBV 1634Sell
VWAP 33Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 and the buying is gaining 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 33.22 and Parmax (Parmax) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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