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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 2022-09-27 View latest technical analysis

10 day averaged volume of Parmax is 984

Date Daily Closing Price Open High Low Volume
27 Tue Sep 2022 33.00 34.40 34.40 30.70 0.228 times
26 Mon Sep 2022 33.95 34.40 34.40 31.05 0.643 times
23 Fri Sep 2022 34.30 34.50 34.50 32.65 0.54 times
22 Thu Sep 2022 33.95 32.00 34.60 31.05 0.499 times
21 Wed Sep 2022 34.30 34.00 34.75 32.55 0.467 times
20 Tue Sep 2022 34.00 34.00 34.00 34.00 0.016 times
19 Mon Sep 2022 34.00 32.30 34.95 32.30 0.578 times
16 Fri Sep 2022 32.95 32.95 32.95 32.95 0.074 times
15 Thu Sep 2022 32.95 34.35 34.90 31.25 0.918 times
14 Wed Sep 2022 33.65 31.80 35.00 31.00 2.691 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 32.7 as stoploss in an intra day buy trade for a target of 33.39. However, stock will show a bearish move below 32.7.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 26.35
Downside Target 27.15
Downside Target 30.10
Upside 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
Downside Intraday Target 29
Upside Intraday Target 34.7
Upside Intraday Target 36.4
Downside Intraday Target 32.7

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
27 Tue Sep 2022 33.00 34.40 34.40 30.70 0.415 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
27 Tue Sep 2022 33.00 34.50 35.00 30.20 1.189 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 8, 18, 41 Sell
MACD 1, 1Sell
Stochastics 72Buy
CCI -113Sell
RSI 51Buy
OBV 1419Sell
VWAP 34Sell
ADL 0Sell
ROC 2Buy
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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

MACD generated a SELL signal for Parmax in short term but the sell signal is initial and weak.

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 but buying is losing 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 33.7 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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Daily chart

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