(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 2023-01-20 View latest technical analysis
10 day averaged volume of Parmax is 1562
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Jan 2023 | 35.70 | 37.20 | 39.05 | 35.40 | 2.824 times |
| 19 Thu Jan 2023 | 37.20 | 38.15 | 38.15 | 36.35 | 0.276 times |
| 18 Wed Jan 2023 | 38.15 | 37.75 | 38.45 | 36.05 | 0.314 times |
| 17 Tue Jan 2023 | 37.75 | 36.50 | 38.00 | 35.80 | 0.522 times |
| 16 Mon Jan 2023 | 36.50 | 36.50 | 38.95 | 35.25 | 2.743 times |
| 13 Fri Jan 2023 | 37.10 | 38.85 | 39.25 | 36.20 | 1.394 times |
| 12 Thu Jan 2023 | 38.05 | 37.95 | 39.45 | 36.00 | 1.424 times |
| 11 Wed Jan 2023 | 37.70 | 36.95 | 38.50 | 35.85 | 0.487 times |
| 10 Tue Jan 2023 | 37.70 | 38.55 | 38.55 | 36.70 | 0.666 times |
| 09 Mon Jan 2023 | 38.60 | 38.95 | 39.45 | 35.85 | 1.569 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 trade for tomorrow is selective. Take a sell trade only if stock stays below 36.3, but if it comes above 36.3, then a intra day buy could be more profitable.
If you take a sell trade below 36.3, then use 36.3 as stoploss and 32.9 as target. However if you take a buy trade in stock , then use 36.3 as stoploss and 39.03 as target.
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 | 34.28 |
| Downside Intraday Target | 32.87 |
| Upside Intraday Target | 38.08 |
| Upside Intraday Target | 40.47 |
| Upside Intraday Target | 36.67 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Jan 2023 | 35.70 | 36.50 | 39.05 | 35.25 | 1.206 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 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 |
| 20 Fri Jan 2023 | 35.70 | 38.00 | 40.95 | 35.25 | 0.256 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 | 14, 17, 12 | Sell |
| MACD | -0, 0 | Sell |
| Stochastics | 40 | None |
| CCI | -143 | Sell |
| RSI | 57 | Buy |
| OBV | -30016 | 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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. Bears 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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 37.06 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 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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