(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 2023-06-05 View latest technical analysis
10 day averaged volume of Parmax is 842
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Jun 2023 | 30.10 | 31.00 | 31.95 | 30.00 | 2.999 times |
| 02 Fri Jun 2023 | 31.00 | 29.00 | 31.85 | 29.00 | 0.619 times |
| 01 Thu Jun 2023 | 29.00 | 30.02 | 31.40 | 29.00 | 1.517 times |
| 31 Wed May 2023 | 30.02 | 29.20 | 30.99 | 29.20 | 1.367 times |
| 30 Tue May 2023 | 30.40 | 30.00 | 30.40 | 30.00 | 0.132 times |
| 29 Mon May 2023 | 30.44 | 29.80 | 30.49 | 29.80 | 0.095 times |
| 26 Fri May 2023 | 29.50 | 30.99 | 30.99 | 29.36 | 1.113 times |
| 25 Thu May 2023 | 30.50 | 30.65 | 30.65 | 29.31 | 0.469 times |
| 24 Wed May 2023 | 30.69 | 29.01 | 30.69 | 29.00 | 2.432 times |
| 23 Tue May 2023 | 30.70 | 29.44 | 30.99 | 29.11 | 1.83 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 29.9 as stoploss in an intra day buy trade for a target of 30.53. However, stock will show a bearish move below 29.9.
Share price targets for Parmax (Parmax)
| Target Type | Value |
| Downside Target | 27.00 |
| Downside Target | 29.00 |
| Downside Target | 30.00 |
| Upside Target | 30.60 |
| Upside Target | 31.74 |
| Upside Target | 31.95 |
| Upside Target | 33.50 |
| Upside Target | 34.60 |
| Upside Target | 34.80 |
| Upside Target | 36.08 |
| Upside Target | 39.60 |
Intraday share price targets for Parmax (Parmax)
| Target Type | Value |
| Downside Intraday Target | 29.42 |
| Downside Intraday Target | 28.73 |
| Upside Intraday Target | 31.37 |
| Upside Intraday Target | 32.63 |
| Upside Intraday Target | 30.68 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Jun 2023 | 30.10 | 31.00 | 31.95 | 30.00 | 0.804 times |
| 02 Fri Jun 2023 | 31.00 | 29.80 | 31.85 | 29.00 | 0.594 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 |
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 |
| 05 Mon Jun 2023 | 30.10 | 30.02 | 31.95 | 29.00 | 0.209 times |
| 31 Wed May 2023 | 30.02 | 30.00 | 36.08 | 29.00 | 0.885 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 |
Scroll below to view daily charts
Price has moved up 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 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 to mid 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 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 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 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 buy signal for Parmax in short term and BUY 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
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 30.17 and Parmax (Parmax) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 to mid 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 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 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 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 buy signal for Parmax in short term and BUY 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
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 30.17 and Parmax (Parmax) stock is trading below this level. This means that stock is falling with high volumes. 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 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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