(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 2023-02-02 View latest technical analysis
10 day averaged volume of Parmax is 1134
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu Feb 2023 | 34.00 | 33.80 | 35.90 | 33.80 | 0.662 times |
| 01 Wed Feb 2023 | 35.55 | 34.70 | 35.70 | 33.15 | 1.17 times |
| 31 Tue Jan 2023 | 34.00 | 33.30 | 36.45 | 33.30 | 0.726 times |
| 30 Mon Jan 2023 | 35.00 | 36.10 | 36.10 | 35.00 | 0.39 times |
| 27 Fri Jan 2023 | 36.80 | 35.10 | 36.85 | 33.35 | 1.709 times |
| 25 Wed Jan 2023 | 35.10 | 35.25 | 36.95 | 34.20 | 0.422 times |
| 24 Tue Jan 2023 | 35.50 | 36.95 | 36.95 | 35.15 | 0.499 times |
| 23 Mon Jan 2023 | 36.90 | 36.95 | 36.95 | 35.70 | 0.384 times |
| 20 Fri Jan 2023 | 35.70 | 37.20 | 39.05 | 35.40 | 3.89 times |
| 19 Thu Jan 2023 | 37.20 | 38.15 | 38.15 | 36.35 | 0.38 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 33.5, for a target of 35.3 or 36.72
Share price targets for Parmax (Parmax)
| Target Type | Value |
| Downside Target | 27.55 |
| Downside Target | 30.55 |
| Downside Target | 33.15 |
| Upside Target | 35.25 |
| Upside Target | 36.95 |
| Upside Target | 39.00 |
| Upside Target | 39.05 |
| Upside Target | 39.45 |
| Upside Target | 40.95 |
| Upside Target | 43.90 |
| Upside Target | 57.60 |
Intraday share price targets for Parmax (Parmax)
| Target Type | Value |
| Downside Intraday Target | 32.62 |
| Downside Intraday Target | 31.23 |
| Upside Intraday Target | 35.92 |
| Upside Intraday Target | 37.83 |
| Upside Intraday Target | 34.53 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu Feb 2023 | 34.00 | 36.10 | 36.45 | 33.15 | 0.978 times |
| 27 Fri Jan 2023 | 36.80 | 36.95 | 36.95 | 33.35 | 0.328 times |
| 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 |
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 |
| 02 Thu Feb 2023 | 34.00 | 34.70 | 35.90 | 33.15 | 0.042 times |
| 31 Tue Jan 2023 | 34.00 | 38.00 | 40.95 | 33.30 | 0.282 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 |
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 | 8, 19, 43 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 22 | Sell |
| CCI | -101 | Sell |
| RSI | 57 | Buy |
| OBV | -5530 | Sell |
| VWAP | 36 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Parmax ( (Parmax) ) based on a short 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 short 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Parmax in short term and the sell signal is strong.
Parmax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 35.68 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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