(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 2024-03-04 View latest technical analysis
10 day averaged volume of Parmax is 982
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 31.64 | 32.73 | 33.00 | 31.44 | 7.764 times |
| 02 Sat Mar 2024 | 32.49 | 32.97 | 32.97 | 30.18 | 0.44 times |
| 01 Fri Mar 2024 | 31.72 | 31.30 | 31.90 | 30.12 | 0.791 times |
| 29 Thu Feb 2024 | 31.33 | 31.56 | 31.56 | 30.12 | 0.211 times |
| 28 Wed Feb 2024 | 30.58 | 31.94 | 31.94 | 30.55 | 0.355 times |
| 27 Tue Feb 2024 | 31.94 | 32.49 | 32.49 | 30.42 | 0.488 times |
| 26 Mon Feb 2024 | 31.97 | 32.60 | 32.60 | 29.66 | 3.498 times |
| 23 Fri Feb 2024 | 32.00 | 32.60 | 32.60 | 32.00 | 1.094 times |
| 22 Thu Feb 2024 | 32.59 | 32.59 | 32.59 | 30.72 | 1.153 times |
| 21 Wed Feb 2024 | 32.35 | 32.16 | 32.60 | 32.00 | 0.846 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 31.3 as stoploss in an intra day buy trade for a target of 32.14. However, stock will show a bearish move below 31.3.
Share price targets for Parmax (Parmax)
| Target Type | Value |
| Downside Target | 28.20 |
| Downside Target | 29.25 |
| Downside Target | 31.00 |
| Upside Target | 32.97 |
| Upside Target | 33.00 |
| Upside Target | 34.28 |
| 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 | 31.05 |
| Downside Intraday Target | 30.47 |
| Upside Intraday Target | 32.61 |
| Upside Intraday Target | 33.59 |
| Upside Intraday Target | 32.03 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 31.64 | 32.73 | 33.00 | 31.44 | 1.342 times |
| 02 Sat Mar 2024 | 32.49 | 32.60 | 32.97 | 29.66 | 0.995 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 |
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 |
| 04 Mon Mar 2024 | 31.64 | 31.30 | 33.00 | 30.12 | 0.178 times |
| 29 Thu Feb 2024 | 31.33 | 33.00 | 35.80 | 28.50 | 0.654 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Parmax ( (Parmax) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is losing 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. Bulls 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Parmax ( (Parmax) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is losing 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. Bulls 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 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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