Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

10 day averaged volume of Parmax is 1599

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Nov 2023	31.61	28.78	33.50	28.78	1.468 times
23 Thu Nov 2023	30.69	35.80	35.80	30.00	1.468 times
22 Wed Nov 2023	30.71	32.07	32.07	30.05	0.057 times
21 Tue Nov 2023	31.44	30.20	32.50	29.45	0.364 times
20 Mon Nov 2023	32.15	34.50	34.50	29.60	0.149 times
17 Fri Nov 2023	31.50	31.00	31.50	31.00	0.742 times
16 Thu Nov 2023	31.49	34.50	34.50	29.30	1.109 times
15 Wed Nov 2023	31.44	30.00	31.45	30.00	1.461 times
13 Mon Nov 2023	30.01	33.95	33.95	28.72	2.013 times
12 Sun Nov 2023	31.99	29.61	32.00	29.61	0.689 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 31.6, but if it comes below 31.6, then a intra day sell could be more profitable.
If you take a sell trade below 31.6, then use 31.6 as stoploss and 30.57 as target. However if you take a buy trade in stock , then use 31.6 as stoploss and 32.7 as target.

Share price targets for Parmax (Parmax)

Target Type	Value
Downside Target	28.00
Downside Target	31.45
Upside Target	31.88
Upside Target	32.95
Upside Target	34.50
Upside Target	34.75
Upside Target	34.95
Upside Target	35.00
Upside Target	35.80

Intraday share price targets for Parmax (Parmax)

Target Type	Value
Downside Intraday Target	28.33
Downside Intraday Target	25.04
Upside Intraday Target	35.35
Upside Intraday Target	39.08
Upside Intraday Target	32.06

Weekly technical analysis of Parmax (Parmax)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Nov 2023	31.61	34.50	35.80	28.78	0.583 times
17 Fri Nov 2023	31.50	29.61	34.50	28.72	1.172 times
10 Fri Nov 2023	29.61	29.85	31.45	28.20	1.576 times
03 Fri Nov 2023	29.25	28.28	31.88	28.20	2.075 times
27 Fri Oct 2023	29.26	30.45	32.95	28.50	0.602 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
24 Fri Nov 2023	31.61	31.24	35.80	28.20	2.386 times
31 Tue Oct 2023	29.66	31.40	34.95	28.28	0.384 times
29 Fri Sep 2023	31.06	28.75	34.95	28.00	1.203 times
31 Thu Aug 2023	28.75	34.70	34.75	28.00	1.114 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Parmax ( (Parmax) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Parmax stock for short term is BUY. Signal strength is Strong and stock is losing 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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 31.11 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 is giving positive 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.