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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 2023-06-07 View latest technical analysis

10 day averaged volume of Parmax is 1084

Date Daily Closing Price Open High Low Volume
07 Wed Jun 2023 30.90 30.99 30.99 29.25 0.224 times
06 Tue Jun 2023 30.72 29.01 31.00 29.00 1.655 times
05 Mon Jun 2023 30.10 31.00 31.95 30.00 2.329 times
02 Fri Jun 2023 31.00 29.00 31.85 29.00 0.481 times
01 Thu Jun 2023 29.00 30.02 31.40 29.00 1.178 times
31 Wed May 2023 30.02 29.20 30.99 29.20 1.062 times
30 Tue May 2023 30.40 30.00 30.40 30.00 0.102 times
29 Mon May 2023 30.44 29.80 30.49 29.80 0.074 times
26 Fri May 2023 29.50 30.99 30.99 29.36 0.864 times
25 Thu May 2023 30.50 30.65 30.65 29.31 0.364 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 31.1 as stoploss in an intra day sell trade for a target of 30.5. However, stock will show a bullish move above 31.1.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 27.00
Downside Target 29.00
Downside Target 30.60
Upside Target 31.74
Upside Target 31.85
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 29.28
Downside Intraday Target 27.67
Upside Intraday Target 32.23
Upside Intraday Target 33.57
Downside Intraday Target 30.62

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
07 Wed Jun 2023 30.90 31.00 31.95 29.00 1.453 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
07 Wed Jun 2023 30.90 30.02 31.95 29.00 0.308 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak 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. Bulls are getting tired and bears are picking up momentum.

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

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

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 30.09 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 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.

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak 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. Bulls are getting tired and bears are picking up momentum.

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

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

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 30.09 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 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.

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Click here for further forecast and predictions for tomorrow

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