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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 2024-06-03 View latest technical analysis

10 day averaged volume of Parmax is 1796

Date Daily Closing Price Open High Low Volume
03 Mon Jun 2024 30.43 29.20 31.49 29.20 0.454 times
31 Fri May 2024 30.42 29.63 30.99 29.63 0.566 times
30 Thu May 2024 29.55 32.00 32.00 29.50 0.128 times
29 Wed May 2024 30.16 30.61 31.95 30.00 0.377 times
28 Tue May 2024 30.60 30.30 31.90 30.30 0.607 times
27 Mon May 2024 30.60 33.00 33.00 29.83 0.071 times
24 Fri May 2024 30.93 33.39 33.39 30.30 2.089 times
23 Thu May 2024 31.89 33.50 33.50 30.71 1.222 times
22 Wed May 2024 31.50 29.31 31.72 29.31 0.756 times
21 Tue May 2024 30.71 34.80 34.80 30.45 2.46 times

My analysis of stock is bearish for shortterm, and stock might move down till 29.7 or till 28.2. Use a stoploss of 31 and if the stock hits stoploss, then it can shoot up till 32.27

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 24.18
Downside Target 27.32
Downside Target 28.40
Upside Target 31.49
Upside Target 33.00
Upside Target 33.68
Upside Target 33.80
Upside Target 34.80
Upside Target 35.80
Upside Target 37.90

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 29.26
Downside Intraday Target 28.08
Upside Intraday Target 31.55
Upside Intraday Target 32.66
Downside Intraday Target 30.37

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
03 Mon Jun 2024 30.43 29.20 31.49 29.20 0.26 times
31 Fri May 2024 30.42 33.00 33.00 29.50 0.268 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

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
03 Mon Jun 2024 30.43 29.20 31.49 29.20 0.006 times
31 Fri May 2024 30.42 31.36 37.90 28.40 5.762 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

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 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 BUY. 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 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 moving up

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 but buying is losing 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 30.91 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 BUY. 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 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 moving up

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 but buying is losing 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 30.91 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.

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Daily charts

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