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 2022-10-07 View latest technical analysis

10 day averaged volume of Parmax is 1218

Date Daily Closing Price Open High Low Volume
07 Fri Oct 2022 33.75 33.35 33.90 33.35 0.186 times
06 Thu Oct 2022 33.55 32.95 33.65 32.95 1.443 times
04 Tue Oct 2022 31.25 33.50 33.50 31.00 0.398 times
03 Mon Oct 2022 33.85 34.00 34.00 30.65 4.47 times
30 Fri Sep 2022 34.00 34.30 34.30 30.60 0.495 times
29 Thu Sep 2022 33.75 33.90 33.90 30.60 0.257 times
28 Wed Sep 2022 31.70 32.35 34.40 29.75 1.394 times
27 Tue Sep 2022 33.00 34.40 34.40 30.70 0.184 times
26 Mon Sep 2022 33.95 34.40 34.40 31.05 0.52 times
23 Fri Sep 2022 34.30 34.50 34.50 32.65 0.436 times

My analysis of stock is bullish for shortterm, and stock might move up till 34.2 or till 35.2. Use a stoploss of 33.41 and if this stock hits its stoploss, then it can fall down till 32.61

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 31.6
Downside Intraday Target 29.45
Upside Intraday Target 34.95
Upside Intraday Target 36.15
Downside Intraday Target 32.8

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
07 Fri Oct 2022 33.75 34.00 34.00 30.65 2.28 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
07 Fri Oct 2022 33.75 34.00 34.00 30.65 0.418 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 6, 11, 30 Sell
MACD 0, 0Sell
Stochastics 64None
CCI 104Buy
RSI 50Sell
OBV -5185Sell
VWAP 33Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Parmax ( (Parmax) ) based on a short to mid term time period is

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 losing 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 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Parmax in short term and BUY 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 33.41 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 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

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