Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-13 View latest technical analysis

10 day averaged volume of Parmax is 8653

Date Daily Closing Price Open High Low Volume
13 Mon May 2024 32.34 31.50 32.80 31.45 0.91 times
10 Fri May 2024 31.05 37.00 37.90 30.01 4.721 times
09 Thu May 2024 35.04 32.48 35.04 32.00 4.359 times
08 Wed May 2024 29.20 29.99 29.99 29.20 0.059 times
07 Tue May 2024 29.99 29.99 29.99 29.10 0.022 times
06 Mon May 2024 29.87 29.84 31.00 29.00 0.095 times
03 Fri May 2024 30.45 32.49 32.49 28.40 0.137 times
02 Thu May 2024 30.55 31.36 31.36 29.25 0.205 times
30 Tue Apr 2024 30.00 31.99 31.99 29.85 0.265 times
29 Mon Apr 2024 30.70 29.20 30.89 29.20 0.02 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32, but if it comes below 32, then a intra day sell could be more profitable.
If you take a sell trade below 32, then use 32 as stoploss and 30.6 as target. However if you take a buy trade in stock , then use 32 as stoploss and 33.6 as target.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 24.18
Downside Target 27.32
Downside Target 28.20
Downside Target 31.00
Upside Target 32.49
Upside Target 32.80
Upside Target 33.00
Upside Target 33.68
Upside Target 35.80
Upside Target 36.58
Upside Target 37.90

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 31.59
Downside Intraday Target 30.85
Upside Intraday Target 32.94
Upside Intraday Target 33.55
Downside Intraday Target 32.2

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
13 Mon May 2024 32.34 31.50 32.80 31.45 0.098 times
10 Fri May 2024 31.05 29.84 37.90 29.00 14.771 times
03 Fri May 2024 30.45 29.20 32.49 28.40 2.458 times
25 Thu Apr 2024 29.80 29.22 31.65 28.95 0.669 times
19 Fri Apr 2024 29.82 32.48 32.50 28.20 0.598 times

Price has moved up 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
13 Mon May 2024 32.34 31.36 37.90 28.40 4.036 times
30 Tue Apr 2024 30.00 27.32 33.68 27.32 0.476 times
28 Thu Mar 2024 28.48 31.30 33.00 24.18 0.954 times
29 Thu Feb 2024 31.33 33.00 35.80 28.50 0.654 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Parmax in short term and the buy signal is strong.

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 stronger in this stock.

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

CCI has generated a SELL signal for Parmax in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 32.7 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 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 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 neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Parmax in short term and the buy signal is strong.

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 stronger in this stock.

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

CCI has generated a SELL signal for Parmax in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 32.7 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 positive

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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme