(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)
Intraday share price targets for Parmax (Parmax)
|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|
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.