(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 2022-12-05 View latest technical analysis
10 day averaged volume of Parmax is 908
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Dec 2022 | 36.95 | 38.00 | 38.00 | 33.25 | 1.645 times |
| 02 Fri Dec 2022 | 37.20 | 35.30 | 38.00 | 33.50 | 2.385 times |
| 01 Thu Dec 2022 | 35.30 | 35.50 | 36.00 | 33.50 | 1.824 times |
| 30 Wed Nov 2022 | 35.50 | 35.90 | 36.80 | 34.00 | 1.102 times |
| 29 Tue Nov 2022 | 35.90 | 35.95 | 35.95 | 35.90 | 0.08 times |
| 28 Mon Nov 2022 | 35.60 | 33.70 | 36.10 | 33.70 | 0.653 times |
| 25 Fri Nov 2022 | 33.70 | 36.95 | 36.95 | 33.70 | 1.941 times |
| 24 Thu Nov 2022 | 35.95 | 35.95 | 37.00 | 33.80 | 0.413 times |
| 23 Wed Nov 2022 | 35.75 | 37.00 | 37.00 | 33.55 | 0.48 times |
| 22 Tue Nov 2022 | 36.40 | 35.25 | 37.50 | 34.00 | 1.113 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 37.3 as stoploss in an intra day sell trade for a target of 36.13. However, stock will show a bullish move above 37.3.
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 | 33.25 |
| Downside Target | 34.50 |
| Upside Target | 37.65 |
| Upside Target | 38.00 |
| 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 | 34.13 |
| Downside Intraday Target | 31.32 |
| Upside Intraday Target | 38.88 |
| Upside Intraday Target | 40.82 |
| Downside Intraday Target | 36.07 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Dec 2022 | 36.95 | 38.00 | 38.00 | 33.25 | 0.272 times |
| 02 Fri Dec 2022 | 37.20 | 33.70 | 38.00 | 33.50 | 1.531 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 |
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 |
| 05 Mon Dec 2022 | 36.95 | 35.50 | 38.00 | 33.25 | 0.279 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 up 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 | 10, 21, 36 | Sell |
| MACD | 0, 0 | Buy |
| Stochastics | 67 | None |
| CCI | 85 | Sell |
| RSI | 55 | Buy |
| OBV | 980 | Sell |
| VWAP | 36 | 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Parmax ( (Parmax) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Parmax ( (Parmax) ) based on a short to mid term time period is
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 BUY signal for Parmax in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 but SELL signal is weak.
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
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 35.84 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 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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