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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 2024-02-27 View latest technical analysis

10 day averaged volume of Parmax is 1861

Date Daily Closing Price Open High Low Volume
27 Tue Feb 2024 31.94 32.49 32.49 30.42 0.257 times
26 Mon Feb 2024 31.97 32.60 32.60 29.66 1.846 times
23 Fri Feb 2024 32.00 32.60 32.60 32.00 0.577 times
22 Thu Feb 2024 32.59 32.59 32.59 30.72 0.608 times
21 Wed Feb 2024 32.35 32.16 32.60 32.00 0.447 times
20 Tue Feb 2024 31.53 31.98 33.75 30.35 0.591 times
19 Mon Feb 2024 31.98 32.57 34.28 31.56 0.843 times
16 Fri Feb 2024 31.93 32.08 33.75 31.55 1.718 times
15 Thu Feb 2024 31.45 33.47 33.47 31.45 2.274 times
14 Wed Feb 2024 32.02 34.45 34.45 31.66 0.233 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 31.6 as stoploss in an intra day buy trade for a target of 32.38. However, stock will show a bearish move below 31.6.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 28.20
Downside Target 29.25
Downside Target 30.35
Downside Target 31.00
Upside Target 32.60
Upside Target 34.28
Upside Target 34.95
Upside Target 35.00
Upside Target 35.48
Upside Target 35.80
Upside Target 36.58

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 30.2
Downside Intraday Target 28.46
Upside Intraday Target 33.14
Upside Intraday Target 34.34
Downside Intraday Target 31.4

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
27 Tue Feb 2024 31.94 32.60 32.60 29.66 0.686 times
23 Fri Feb 2024 32.00 32.57 34.28 30.35 0.525 times
16 Fri Feb 2024 31.93 28.50 35.48 28.50 0.431 times
09 Fri Feb 2024 32.99 33.10 35.80 31.66 3.548 times
02 Fri Feb 2024 32.97 33.00 34.94 31.48 1.148 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
27 Tue Feb 2024 31.94 33.00 35.80 28.50 0.646 times
31 Wed Jan 2024 33.00 34.05 36.58 31.00 1.718 times
29 Fri Dec 2023 32.57 31.62 35.00 29.25 1.367 times
30 Thu Nov 2023 30.56 31.24 35.80 28.20 2.746 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Parmax in short term and the sell signal is strong.

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 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 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 31.87 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.

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Parmax in short term and the sell signal is strong.

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 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 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 31.87 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.

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Daily charts

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