(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 2022-11-24 View latest technical analysis
10 day averaged volume of Parmax is 967
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Thu Nov 2022 | 35.95 | 35.95 | 37.00 | 33.80 | 0.388 times |
| 23 Wed Nov 2022 | 35.75 | 37.00 | 37.00 | 33.55 | 0.451 times |
| 22 Tue Nov 2022 | 36.40 | 35.25 | 37.50 | 34.00 | 1.046 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 | 0.393 times |
| 17 Thu Nov 2022 | 38.50 | 36.95 | 39.00 | 36.70 | 0.506 times |
| 16 Wed Nov 2022 | 36.95 | 34.85 | 36.95 | 34.70 | 0.518 times |
| 15 Tue Nov 2022 | 34.85 | 33.70 | 35.50 | 28.05 | 4.134 times |
| 14 Mon Nov 2022 | 33.70 | 33.00 | 37.45 | 33.00 | 2.192 times |
| 11 Fri Nov 2022 | 36.50 | 37.95 | 37.95 | 32.75 | 0.12 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 35.3 as stoploss in an intra day buy trade for a target of 36.73. However, stock will show a bearish move below 35.3.
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 |
| 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 | 33.78 |
| Downside Intraday Target | 31.62 |
| Upside Intraday Target | 37.88 |
| Upside Intraday Target | 39.82 |
| Downside Intraday Target | 35.72 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Thu Nov 2022 | 35.95 | 37.65 | 37.65 | 33.55 | 0.244 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 |
| 24 Thu Nov 2022 | 35.95 | 36.85 | 39.00 | 28.05 | 0.496 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, 28, 53 | Sell |
| MACD | 0, 1 | Sell |
| Stochastics | 73 | Buy |
| CCI | -17 | Buy |
| RSI | 51 | Buy |
| OBV | 2379 | Sell |
| VWAP | 35 | Buy |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 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 but BUY 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 35.25 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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