(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 2023-01-19 View latest technical analysis
10 day averaged volume of Parmax is 2162
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Jan 2023 | 37.20 | 38.15 | 38.15 | 36.35 | 0.199 times |
| 18 Wed Jan 2023 | 38.15 | 37.75 | 38.45 | 36.05 | 0.227 times |
| 17 Tue Jan 2023 | 37.75 | 36.50 | 38.00 | 35.80 | 0.377 times |
| 16 Mon Jan 2023 | 36.50 | 36.50 | 38.95 | 35.25 | 1.981 times |
| 13 Fri Jan 2023 | 37.10 | 38.85 | 39.25 | 36.20 | 1.007 times |
| 12 Thu Jan 2023 | 38.05 | 37.95 | 39.45 | 36.00 | 1.029 times |
| 11 Wed Jan 2023 | 37.70 | 36.95 | 38.50 | 35.85 | 0.352 times |
| 10 Tue Jan 2023 | 37.70 | 38.55 | 38.55 | 36.70 | 0.481 times |
| 09 Mon Jan 2023 | 38.60 | 38.95 | 39.45 | 35.85 | 1.133 times |
| 06 Fri Jan 2023 | 37.65 | 39.45 | 39.45 | 37.40 | 0.438 times |
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 36 as stoploss in an intra day buy trade for a target of 39.87. However, stock will show a bearish move below 36.
Share price targets for Parmax (Parmax)
| Target Type | Value |
| Downside Target | 27.55 |
| Downside Target | 29.75 |
| Downside Target | 30.55 |
| Downside Target | 35.00 |
| Upside Target | 38.65 |
| Upside Target | 39.45 |
| Upside Target | 40.95 |
| Upside Target | 43.90 |
| Upside Target | 52.40 |
| Upside Target | 57.60 |
Intraday share price targets for Parmax (Parmax)
| Target Type | Value |
| Downside Intraday Target | 35.32 |
| Downside Intraday Target | 33.43 |
| Upside Intraday Target | 39.02 |
| Upside Intraday Target | 40.83 |
| Downside Intraday Target | 37.13 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Jan 2023 | 37.20 | 36.50 | 38.95 | 35.25 | 0.696 times |
| 13 Fri Jan 2023 | 37.10 | 38.95 | 39.45 | 35.85 | 0.331 times |
| 06 Fri Jan 2023 | 37.65 | 38.00 | 40.95 | 35.55 | 0.351 times |
| 30 Fri Dec 2022 | 38.70 | 57.60 | 57.60 | 38.65 | 0.869 times |
| 23 Fri Dec 2022 | 52.40 | 35.80 | 52.40 | 27.55 | 19.401 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 |
| 19 Thu Jan 2023 | 37.20 | 38.00 | 40.95 | 35.25 | 0.231 times |
| 30 Fri Dec 2022 | 38.70 | 35.50 | 57.60 | 27.55 | 9.296 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 |
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 | 15, 16, 4 | Sell |
| MACD | -0, 0 | Sell |
| Stochastics | 51 | None |
| CCI | -67 | Sell |
| RSI | 57 | Buy |
| OBV | 692 | Sell |
| VWAP | 37 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | 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 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 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 Weak 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. Bulls are getting stronger in this stock.
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 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 37.48 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.
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