(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 2022-10-04 View latest technical analysis
10 day averaged volume of Parmax is 1041
|Date||Daily Closing Price||Open||High||Low||Volume|
|04 Tue Oct 2022||31.25||33.50||33.50||31.00||0.466 times|
|03 Mon Oct 2022||33.85||34.00||34.00||30.65||5.23 times|
|30 Fri Sep 2022||34.00||34.30||34.30||30.60||0.579 times|
|29 Thu Sep 2022||33.75||33.90||33.90||30.60||0.301 times|
|28 Wed Sep 2022||31.70||32.35||34.40||29.75||1.631 times|
|27 Tue Sep 2022||33.00||34.40||34.40||30.70||0.215 times|
|26 Mon Sep 2022||33.95||34.40||34.40||31.05||0.608 times|
|23 Fri Sep 2022||34.30||34.50||34.50||32.65||0.51 times|
|22 Thu Sep 2022||33.95||32.00||34.60||31.05||0.472 times|
|21 Wed Sep 2022||34.30||34.00||34.75||32.55||0.442 times|
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 31.4, for a target of 32.4 or 33.31
Share price targets for Parmax (Parmax)
Intraday share price targets for Parmax (Parmax)
|Downside Intraday Target||29.93|
|Downside Intraday Target||28.62|
|Upside Intraday Target||33.28|
|Upside Intraday Target||35.32|
|Upside Intraday Target||31.97|
Weekly technical analysis of Parmax (Parmax)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|04 Tue Oct 2022||31.25||34.00||34.00||30.65||1.708 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|
|04 Tue Oct 2022||31.25||34.00||34.00||30.65||0.313 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, 12, 42||Sell|
Price action analysis of Parmax ( (Parmax) ) based on a short term time period is
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 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 mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below 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 SELL signal in short term and selling is picking up 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 33.44 and Parmax (Parmax) stock is trading below this level. This means that stock is falling with high volumes. 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 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.