(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 2022-11-22 View latest technical analysis
10 day averaged volume of Parmax is 976
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Tue Nov 2022 | 36.40 | 35.25 | 37.50 | 34.00 | 1.036 times |
| 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 | 0.389 times |
| 17 Thu Nov 2022 | 38.50 | 36.95 | 39.00 | 36.70 | 0.501 times |
| 16 Wed Nov 2022 | 36.95 | 34.85 | 36.95 | 34.70 | 0.513 times |
| 15 Tue Nov 2022 | 34.85 | 33.70 | 35.50 | 28.05 | 4.096 times |
| 14 Mon Nov 2022 | 33.70 | 33.00 | 37.45 | 33.00 | 2.172 times |
| 11 Fri Nov 2022 | 36.50 | 37.95 | 37.95 | 32.75 | 0.119 times |
| 10 Thu Nov 2022 | 36.50 | 37.80 | 37.80 | 33.00 | 0.627 times |
| 09 Wed Nov 2022 | 36.80 | 36.95 | 37.90 | 32.50 | 1.204 times |
My analysis of stock is bearish for shortterm, and stock might move down till 35.4 or till 33.5. Use a stoploss of 37.07 and if the stock hits stoploss, then it can shoot up till 38.71
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 | 34.00 |
| Upside Target | 36.45 |
| Upside 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 | 34.38 |
| Downside Intraday Target | 32.37 |
| Upside Intraday Target | 38.03 |
| Upside Intraday Target | 39.67 |
| Downside Intraday Target | 36.02 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Tue Nov 2022 | 36.40 | 37.65 | 37.65 | 34.00 | 0.135 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 down 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 |
| 22 Tue Nov 2022 | 36.40 | 36.85 | 39.00 | 28.05 | 0.47 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 | 11, 33, 51 | Sell |
| MACD | 1, 1 | Sell |
| Stochastics | 82 | Buy |
| CCI | 6 | Sell |
| RSI | 52 | Buy |
| OBV | 1241 | Sell |
| VWAP | 35 | Buy |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Parmax ( (Parmax) ) based on a short 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Parmax in short term but the sell signal is initial and weak.
Parmax Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 35.45 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 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.
Click here for further forecast and predictions for tomorrow