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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 2023-05-30 View latest technical analysis

10 day averaged volume of Parmax is 865

Date Daily Closing Price Open High Low Volume
30 Tue May 2023 30.40 30.00 30.40 30.00 0.128 times
29 Mon May 2023 30.44 29.80 30.49 29.80 0.092 times
26 Fri May 2023 29.50 30.99 30.99 29.36 1.083 times
25 Thu May 2023 30.50 30.65 30.65 29.31 0.457 times
24 Wed May 2023 30.69 29.01 30.69 29.00 2.368 times
23 Tue May 2023 30.70 29.44 30.99 29.11 1.782 times
22 Mon May 2023 29.43 29.16 30.89 29.16 0.417 times
19 Fri May 2023 30.89 29.55 30.90 29.51 1.501 times
18 Thu May 2023 30.90 29.20 31.40 29.20 0.809 times
17 Wed May 2023 30.76 29.03 31.55 29.03 1.051 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 30.2 as stoploss in an intra day buy trade for a target of 30.71. However, stock will show a bearish move below 30.2.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 27.00
Downside Target 29.00
Upside Target 30.49
Upside Target 31.74
Upside Target 33.30
Upside Target 33.50
Upside Target 34.60
Upside Target 34.80
Upside Target 36.08
Upside Target 39.60
Upside Target 40.95

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 29.97
Downside Intraday Target 29.54
Upside Intraday Target 30.66
Upside Intraday Target 30.92
Downside Intraday Target 30.23

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
30 Tue May 2023 30.40 29.80 30.49 29.80 0.036 times
26 Fri May 2023 29.50 29.16 30.99 29.00 1.262 times
19 Fri May 2023 30.89 29.11 33.50 29.03 1.009 times
12 Fri May 2023 31.29 30.56 31.74 29.00 0.729 times
05 Fri May 2023 31.18 30.00 36.08 29.85 1.937 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
30 Tue May 2023 30.40 30.00 36.08 29.00 0.836 times
28 Fri Apr 2023 32.80 31.84 34.80 29.40 2.084 times
31 Fri Mar 2023 30.36 34.40 34.60 27.00 0.556 times
28 Tue Feb 2023 32.90 34.70 39.60 30.60 0.403 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 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 short term time period is neutral. A longer time frame might give a better analysis.

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 BUY. 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.

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 below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Parmax in short term and BUY 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

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 30.55 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.

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

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 BUY. 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.

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 below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Parmax in short term and BUY 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

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 30.55 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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Click here for further forecast and predictions for tomorrow

Daily charts

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