(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 2022-11-25 View latest technical analysis
10 day averaged volume of Parmax is 943
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Fri Nov 2022 | 33.70 | 36.95 | 36.95 | 33.70 | 1.869 times |
| 24 Thu Nov 2022 | 35.95 | 35.95 | 37.00 | 33.80 | 0.398 times |
| 23 Wed Nov 2022 | 35.75 | 37.00 | 37.00 | 33.55 | 0.462 times |
| 22 Tue Nov 2022 | 36.40 | 35.25 | 37.50 | 34.00 | 1.072 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 | 0.403 times |
| 17 Thu Nov 2022 | 38.50 | 36.95 | 39.00 | 36.70 | 0.519 times |
| 16 Wed Nov 2022 | 36.95 | 34.85 | 36.95 | 34.70 | 0.531 times |
| 15 Tue Nov 2022 | 34.85 | 33.70 | 35.50 | 28.05 | 4.24 times |
| 14 Mon Nov 2022 | 33.70 | 33.00 | 37.45 | 33.00 | 2.248 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 33.2, for a target of 35 or 36.45
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 |
| Upside 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 | 32.28 |
| Downside Intraday Target | 30.87 |
| Upside Intraday Target | 36.38 |
| Upside Intraday Target | 39.07 |
| Upside Intraday Target | 34.97 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Fri Nov 2022 | 33.70 | 37.65 | 37.65 | 33.55 | 0.479 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 |
| 25 Fri Nov 2022 | 33.70 | 36.85 | 39.00 | 28.05 | 0.552 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 | 8, 26, 53 | Sell |
| MACD | 0, 1 | Sell |
| Stochastics | 65 | None |
| CCI | -59 | Sell |
| RSI | 49 | Sell |
| OBV | 1735 | Sell |
| VWAP | 35 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | 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 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 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 losing momentum.
MACD generated a SELL signal for Parmax in short term but the sell signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Parmax in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 34.99 and Parmax (Parmax) stock is trading below this level. This means that stock is falling with high volumes. 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 further forecast and predictions for tomorrow