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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 2022-10-03 View latest technical analysis

10 day averaged volume of Parmax is 554

Date Daily Closing Price Open High Low Volume
03 Mon Oct 2022 33.85 34.00 34.00 30.65 9.827 times
30 Fri Sep 2022 34.00 34.30 34.30 30.60 1.088 times
29 Thu Sep 2022 33.75 33.90 33.90 30.60 0.565 times
28 Wed Sep 2022 31.70 32.35 34.40 29.75 3.065 times
27 Tue Sep 2022 33.00 34.40 34.40 30.70 0.404 times
26 Mon Sep 2022 33.95 34.40 34.40 31.05 1.143 times
23 Fri Sep 2022 34.30 34.50 34.50 32.65 0.958 times
22 Thu Sep 2022 33.95 32.00 34.60 31.05 0.886 times
21 Wed Sep 2022 34.30 34.00 34.75 32.55 0.83 times
20 Tue Sep 2022 34.00 34.00 34.00 34.00 0.029 times

Stock of Parmax (Parmax) has showed a significant fall. This could be a good time to exit from this stock.

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 34.1 as stoploss in an intra day sell trade for a target of 33.39. However, stock will show a bullish move above 34.1.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 26.35
Downside Target 27.15
Downside Target 29.75
Upside Target 34.00
Upside Target 34.40
Upside Target 34.50
Upside Target 34.95
Upside Target 35.00
Upside Target 41.80

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 31.67
Downside Intraday Target 29.48
Upside Intraday Target 35.02
Upside Intraday Target 36.18
Downside Intraday Target 32.83

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
03 Mon Oct 2022 33.85 34.00 34.00 30.65 1.568 times
30 Fri Sep 2022 34.00 34.40 34.40 29.75 1.679 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Parmax (Parmax)

Date Monthly Closing Price Open High Low Volume
03 Mon Oct 2022 33.85 34.00 34.00 30.65 0.288 times
30 Fri Sep 2022 34.00 34.50 35.00 29.75 1.38 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

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 5, 13, 41 Sell
MACD 0, 0Sell
Stochastics 80Buy
CCI -40Sell
RSI 53Buy
OBV -5078Sell
VWAP 34Buy
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

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 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 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 33.54 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 has given negative 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

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