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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 2024-02-28 View latest technical analysis

10 day averaged volume of Parmax is 1748

Date Daily Closing Price Open High Low Volume
28 Wed Feb 2024 30.58 31.94 31.94 30.55 0.2 times
27 Tue Feb 2024 31.94 32.49 32.49 30.42 0.274 times
26 Mon Feb 2024 31.97 32.60 32.60 29.66 1.965 times
23 Fri Feb 2024 32.00 32.60 32.60 32.00 0.614 times
22 Thu Feb 2024 32.59 32.59 32.59 30.72 0.648 times
21 Wed Feb 2024 32.35 32.16 32.60 32.00 0.475 times
20 Tue Feb 2024 31.53 31.98 33.75 30.35 0.629 times
19 Mon Feb 2024 31.98 32.57 34.28 31.56 0.898 times
16 Fri Feb 2024 31.93 32.08 33.75 31.55 1.83 times
15 Thu Feb 2024 31.45 33.47 33.47 31.45 2.42 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 30.4, for a target of 31.4 or 32.26

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 28.20
Downside Target 29.25
Downside Target 30.35
Upside 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 29.29
Downside Intraday Target 28.01
Upside Intraday Target 32.23
Upside Intraday Target 33.89
Upside Intraday Target 30.95

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
28 Wed Feb 2024 30.58 32.60 32.60 29.66 0.747 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
28 Wed Feb 2024 30.58 33.00 35.80 28.50 0.651 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 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 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 neutral. A longer time frame might give a better analysis.

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 below the red cloud Prices appear to be coming down

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 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 31.84 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 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 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 neutral. A longer time frame might give a better analysis.

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 below the red cloud Prices appear to be coming down

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 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 31.84 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.

Click here for Parmax charts

Click here for further forecast and predictions for tomorrow

Daily charts

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