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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 2023-03-21 View latest technical analysis

10 day averaged volume of Parmax is 677

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue Mar 2023	32.13	32.54	32.54	30.95	0.09 times
20 Mon Mar 2023	32.55	29.50	32.55	29.50	0.431 times
17 Fri Mar 2023	31.00	32.50	32.50	29.71	0.713 times
16 Thu Mar 2023	31.16	31.18	31.35	31.16	0.956 times
15 Wed Mar 2023	32.80	32.89	32.89	30.50	2.919 times
14 Tue Mar 2023	31.40	33.00	34.55	31.35	1.12 times
13 Mon Mar 2023	33.00	32.65	34.05	31.05	0.393 times
10 Fri Mar 2023	32.65	31.15	32.65	31.15	0.038 times
09 Thu Mar 2023	31.10	34.12	34.12	30.90	2.671 times
08 Wed Mar 2023	32.50	33.70	34.60	32.50	0.131 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 31.7 as stoploss in an intra day buy trade for a target of 32.8. However, stock will show a bearish move below 31.7.

Share price targets for Parmax (Parmax)

Target Type	Value
Downside Target	27.55
Downside Target	29.50
Downside Target	30.60
Upside Target	32.55
Upside Target	33.30
Upside Target	34.55
Upside Target	34.60
Upside Target	34.85
Upside Target	35.45
Upside Target	39.00
Upside Target	39.60
Upside Target	40.95
Upside Target	57.60

Intraday share price targets for Parmax (Parmax)

Target Type	Value
Downside Intraday Target	30.24
Downside Intraday Target	28.34
Upside Intraday Target	33.29
Upside Intraday Target	34.44
Downside Intraday Target	31.39

Weekly technical analysis of Parmax (Parmax)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue Mar 2023	32.13	29.50	32.55	29.50	0.085 times
17 Fri Mar 2023	31.00	32.65	34.55	29.71	1.762 times
10 Fri Mar 2023	32.65	32.31	34.60	30.90	0.556 times
03 Fri Mar 2023	34.00	33.80	34.85	30.60	1.876 times
24 Fri Feb 2023	33.80	33.55	35.45	31.50	0.215 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
21 Tue Mar 2023	32.13	34.40	34.60	29.50	0.409 times
28 Tue Feb 2023	32.90	34.70	39.60	30.60	0.403 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

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)

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 but the buy signal is initial and weak.

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. Bears are weakening, and bulls are picking up momentum!

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 buy signal for Parmax in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 31.84 and Parmax (Parmax) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is 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.