(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 2022-11-28 View latest technical analysis
10 day averaged volume of Parmax is 1107
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 35.60 | 33.70 | 36.10 | 33.70 | 0.536 times |
| 25 Fri Nov 2022 | 33.70 | 36.95 | 36.95 | 33.70 | 1.592 times |
| 24 Thu Nov 2022 | 35.95 | 35.95 | 37.00 | 33.80 | 0.339 times |
| 23 Wed Nov 2022 | 35.75 | 37.00 | 37.00 | 33.55 | 0.394 times |
| 22 Tue Nov 2022 | 36.40 | 35.25 | 37.50 | 34.00 | 0.913 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 | 0.343 times |
| 17 Thu Nov 2022 | 38.50 | 36.95 | 39.00 | 36.70 | 0.442 times |
| 16 Wed Nov 2022 | 36.95 | 34.85 | 36.95 | 34.70 | 0.453 times |
| 15 Tue Nov 2022 | 34.85 | 33.70 | 35.50 | 28.05 | 3.612 times |
My analysis of stock is bearish for shortterm, and stock might move down till 34.9 or till 33.3. Use a stoploss of 36.26 and if the stock hits stoploss, then it can shoot up till 37.6
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 | 36.10 |
| 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 | 34.17 |
| Downside Intraday Target | 32.73 |
| Upside Intraday Target | 36.57 |
| Upside Intraday Target | 37.53 |
| Downside Intraday Target | 35.13 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 35.60 | 33.70 | 36.10 | 33.70 | 0.165 times |
| 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 |
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 |
| 28 Mon Nov 2022 | 35.60 | 36.85 | 39.00 | 28.05 | 0.571 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, 24, 53 | Sell |
| MACD | 0, 0 | Sell |
| Stochastics | 64 | None |
| CCI | -42 | Buy |
| RSI | 50 | Sell |
| OBV | 1251 | Sell |
| VWAP | 35 | Buy |
| ADL | 0 | Sell |
| ROC | 6 | Buy |
| 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 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 SELL signal in short term but selling 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 35.31 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.
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