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(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, 0Sell
Stochastics 43None
CCI -88Sell
RSI 52Buy
OBV -90Sell
VWAP 35Buy
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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.

Click here for Parmax charts

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Daily charts

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Daily chart

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