(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 2024-05-30 View latest technical analysis
10 day averaged volume of Parmax is 3290
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 29.55 | 32.00 | 32.00 | 29.50 | 0.07 times |
| 29 Wed May 2024 | 30.16 | 30.61 | 31.95 | 30.00 | 0.206 times |
| 28 Tue May 2024 | 30.60 | 30.30 | 31.90 | 30.30 | 0.332 times |
| 27 Mon May 2024 | 30.60 | 33.00 | 33.00 | 29.83 | 0.039 times |
| 24 Fri May 2024 | 30.93 | 33.39 | 33.39 | 30.30 | 1.14 times |
| 23 Thu May 2024 | 31.89 | 33.50 | 33.50 | 30.71 | 0.667 times |
| 22 Wed May 2024 | 31.50 | 29.31 | 31.72 | 29.31 | 0.413 times |
| 21 Tue May 2024 | 30.71 | 34.80 | 34.80 | 30.45 | 1.343 times |
| 18 Sat May 2024 | 31.82 | 30.80 | 32.90 | 29.83 | 0.943 times |
| 17 Fri May 2024 | 31.40 | 28.60 | 32.00 | 28.60 | 1.479 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 29.7, but if it comes above 29.7, then a intra day buy could be more profitable.
If you take a sell trade below 29.7, then use 29.7 as stoploss and 28.1 as target. However if you take a buy trade in stock , then use 29.7 as stoploss and 30.97 as target.
Share price targets for Parmax (Parmax)
| Target Type | Value |
| Downside Target | 24.18 |
| Downside Target | 27.32 |
| Downside Target | 28.40 |
| Upside Target | 31.00 |
| Upside Target | 32.49 |
| Upside Target | 33.68 |
| Upside Target | 33.80 |
| Upside Target | 34.80 |
| 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 | 28.37 |
| Downside Intraday Target | 27.18 |
| Upside Intraday Target | 31.87 |
| Upside Intraday Target | 34.18 |
| Upside Intraday Target | 30.68 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 29.55 | 33.00 | 33.00 | 29.50 | 0.181 times |
| 24 Fri May 2024 | 30.93 | 34.80 | 34.80 | 29.31 | 0.368 times |
| 18 Sat May 2024 | 31.82 | 31.50 | 33.80 | 28.60 | 0.398 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 |
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 |
| 30 Thu May 2024 | 29.55 | 31.36 | 37.90 | 28.40 | 5.717 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 down 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Parmax in short term and the sell signal is strong.
Parmax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 and the buying is gaining 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 31.19 and Parmax (Parmax) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Parmax in short term and the sell signal is strong.
Parmax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 and the buying is gaining 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 31.19 and Parmax (Parmax) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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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