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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 2022-11-21 View latest technical analysis

10 day averaged volume of Parmax is 1221

Date Daily Closing Price Open High Low Volume
21 Mon Nov 2022 37.65 37.65 37.65 37.65 0.002 times
18 Fri Nov 2022 36.90 37.00 38.45 33.10 0.311 times
17 Thu Nov 2022 38.50 36.95 39.00 36.70 0.4 times
16 Wed Nov 2022 36.95 34.85 36.95 34.70 0.41 times
15 Tue Nov 2022 34.85 33.70 35.50 28.05 3.274 times
14 Mon Nov 2022 33.70 33.00 37.45 33.00 1.736 times
11 Fri Nov 2022 36.50 37.95 37.95 32.75 0.095 times
10 Thu Nov 2022 36.50 37.80 37.80 33.00 0.501 times
09 Wed Nov 2022 36.80 36.95 37.90 32.50 0.962 times
07 Mon Nov 2022 35.95 37.20 38.45 35.25 0.301 times

My analysis of stock is bullish for shortterm, and stock might move up till 39 or till 41.1. Use a stoploss of 37.24 and if this stock hits its stoploss, then it can fall down till 35.51

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
Downside Target 37.65
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 37.65
Downside Intraday Target 37.65
Downside Intraday Target 37.65
Downside Intraday Target 37.65
Downside Intraday Target 37.65

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
21 Mon Nov 2022 37.65 37.65 37.65 37.65 0 times
18 Fri Nov 2022 36.90 33.00 39.00 28.05 3.299 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

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Parmax (Parmax)

Date Monthly Closing Price Open High Low Volume
21 Mon Nov 2022 37.65 36.85 39.00 28.05 0.438 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 12, 26, 37 Sell
MACD 1, 1Buy
Stochastics 88Buy
CCI 116Buy
RSI 52Buy
OBV 910Sell
VWAP 35Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Parmax ( (Parmax) ) based on a short 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.

Price action analysis of Parmax ( (Parmax) ) based on a short 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.

Price action analysis of Parmax ( (Parmax) ) based on a short to mid 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 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 BUY signal for Parmax in short term and the buy signal is strong.

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 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Parmax is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 35.37 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 is giving positive 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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Daily charts

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Daily chart

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