(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 2022-12-01 View latest technical analysis
10 day averaged volume of Parmax is 612
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Dec 2022 | 35.30 | 35.50 | 36.00 | 33.50 | 2.706 times |
| 30 Wed Nov 2022 | 35.50 | 35.90 | 36.80 | 34.00 | 1.636 times |
| 29 Tue Nov 2022 | 35.90 | 35.95 | 35.95 | 35.90 | 0.119 times |
| 28 Mon Nov 2022 | 35.60 | 33.70 | 36.10 | 33.70 | 0.969 times |
| 25 Fri Nov 2022 | 33.70 | 36.95 | 36.95 | 33.70 | 2.879 times |
| 24 Thu Nov 2022 | 35.95 | 35.95 | 37.00 | 33.80 | 0.613 times |
| 23 Wed Nov 2022 | 35.75 | 37.00 | 37.00 | 33.55 | 0.712 times |
| 22 Tue Nov 2022 | 36.40 | 35.25 | 37.50 | 34.00 | 1.652 times |
| 21 Mon Nov 2022 | 37.65 | 37.65 | 37.65 | 37.65 | 0.003 times |
| 18 Fri Nov 2022 | 36.90 | 37.00 | 38.45 | 33.10 | 0.621 times |
Stock of Parmax (Parmax) has showed a significant fall. This could be a good time to exit from this stock.
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 34.8 as stoploss in an intra day buy trade for a target of 35.97. However, stock will show a bearish move below 34.8.
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 | 36.00 |
| Upside Target | 36.80 |
| 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 | 33.6 |
| Downside Intraday Target | 31.9 |
| Upside Intraday Target | 36.9 |
| Upside Intraday Target | 38.5 |
| Downside Intraday Target | 35.2 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Dec 2022 | 35.30 | 33.70 | 36.80 | 33.50 | 0.927 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 |
| 01 Thu Dec 2022 | 35.30 | 35.50 | 36.00 | 33.50 | 0.087 times |
| 30 Wed Nov 2022 | 35.50 | 36.85 | 39.00 | 28.05 | 0.605 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 |
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 | 6, 27, 62 | Sell |
| MACD | -0, 0 | Sell |
| Stochastics | 43 | None |
| CCI | -88 | Sell |
| RSI | 52 | Buy |
| OBV | -90 | Sell |
| VWAP | 35 | Buy |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| 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 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 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 and the sell signal is strong.
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. Bears 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 coming down
CCI has generated a SELL signal for Parmax in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 35.27 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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