(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 2022-11-16 View latest technical analysis
10 day averaged volume of Parmax is 1242
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Wed Nov 2022 | 36.95 | 34.85 | 36.95 | 34.70 | 0.403 times |
| 15 Tue Nov 2022 | 34.85 | 33.70 | 35.50 | 28.05 | 3.219 times |
| 14 Mon Nov 2022 | 33.70 | 33.00 | 37.45 | 33.00 | 1.707 times |
| 11 Fri Nov 2022 | 36.50 | 37.95 | 37.95 | 32.75 | 0.093 times |
| 10 Thu Nov 2022 | 36.50 | 37.80 | 37.80 | 33.00 | 0.493 times |
| 09 Wed Nov 2022 | 36.80 | 36.95 | 37.90 | 32.50 | 0.946 times |
| 07 Mon Nov 2022 | 35.95 | 37.20 | 38.45 | 35.25 | 0.295 times |
| 04 Fri Nov 2022 | 36.75 | 34.30 | 37.95 | 34.30 | 1.97 times |
| 03 Thu Nov 2022 | 34.30 | 37.95 | 37.95 | 33.20 | 0.097 times |
| 02 Wed Nov 2022 | 36.35 | 36.10 | 37.90 | 36.00 | 0.223 times |
My analysis of stock is bearish for shortterm, and stock might move down till 35.5 or till 33.1. Use a stoploss of 37.58 and if the stock hits stoploss, then it can shoot up till 39.63
Share price targets for Parmax (Parmax)
| Target Type | Value |
| Downside Target | 27.15 |
| Downside Target | 28.05 |
| Downside Target | 29.75 |
| Downside Target | 30.55 |
| Downside Target | 32.50 |
| Downside Target | 33.20 |
| Downside Target | 34.50 |
| Downside Target | 36.45 |
| Upside Target | 37.45 |
| Upside Target | 38.45 |
| Upside Target | 39.00 |
| Upside Target | 43.90 |
Intraday share price targets for Parmax (Parmax)
| Target Type | Value |
| Downside Intraday Target | 30.85 |
| Downside Intraday Target | 24.75 |
| Upside Intraday Target | 40.25 |
| Upside Intraday Target | 43.55 |
| Downside Intraday Target | 34.15 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Wed Nov 2022 | 36.95 | 33.00 | 37.45 | 28.05 | 2.916 times |
| 11 Fri Nov 2022 | 36.50 | 37.20 | 38.45 | 32.50 | 0.551 times |
| 04 Fri Nov 2022 | 36.75 | 37.00 | 39.00 | 33.20 | 1.57 times |
| 28 Fri Oct 2022 | 39.40 | 43.90 | 43.90 | 36.45 | 0.489 times |
| 21 Fri Oct 2022 | 39.75 | 38.30 | 43.90 | 33.20 | 0.346 times |
Price has moved up 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 |
| 16 Wed Nov 2022 | 36.95 | 36.85 | 38.45 | 28.05 | 0.41 times |
| 31 Mon Oct 2022 | 38.80 | 34.00 | 43.90 | 30.55 | 1.665 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 |
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 | 9, 22, 39 | Sell |
| MACD | 0, 1 | Sell |
| Stochastics | 56 | None |
| CCI | 52 | Buy |
| RSI | 54 | Buy |
| OBV | 10633 | Sell |
| VWAP | 35 | Buy |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | 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 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 to mid 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 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 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 red color and prices are in or above the red 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 BUY signal in short term and the buying is gaining 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 35.49 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.
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