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 2022-09-26 View latest technical analysis

10 day averaged volume of Parmax is 1057

Date Daily Closing Price Open High Low Volume
26 Mon Sep 2022 33.95 34.40 34.40 31.05 0.599 times
23 Fri Sep 2022 34.30 34.50 34.50 32.65 0.502 times
22 Thu Sep 2022 33.95 32.00 34.60 31.05 0.465 times
21 Wed Sep 2022 34.30 34.00 34.75 32.55 0.435 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 0.538 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 0.854 times
14 Wed Sep 2022 33.65 31.80 35.00 31.00 2.505 times
13 Tue Sep 2022 32.45 32.95 33.95 30.35 3.328 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 34 as stoploss in an intra day sell trade for a target of 33.34. However, stock will show a bullish move above 34.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 26.35
Downside Target 27.15
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 31.87
Downside Intraday Target 29.78
Upside Intraday Target 35.22
Upside Intraday Target 36.48
Downside Intraday Target 33.13

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
26 Mon Sep 2022 33.95 34.40 34.40 31.05 0.306 times
23 Fri Sep 2022 34.30 32.30 34.95 31.05 0.243 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

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
26 Mon Sep 2022 33.95 34.50 35.00 30.20 1.173 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 9, 19, 39 Sell
MACD 1, 1Buy
Stochastics 80Buy
CCI -29Sell
RSI 52Buy
OBV 746Sell
VWAP 33Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 33.27 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