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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 2024-06-21 View latest technical analysis

10 day averaged volume of Parmax is 1002

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 29.60 30.00 30.00 29.00 0.25 times
20 Thu Jun 2024 30.16 30.10 31.32 30.10 0.602 times
19 Wed Jun 2024 29.23 30.63 30.63 29.16 0.277 times
18 Tue Jun 2024 31.25 30.63 31.90 29.66 3.308 times
14 Fri Jun 2024 31.00 31.50 31.50 29.01 1.35 times
13 Thu Jun 2024 31.00 31.50 31.50 29.01 1.35 times
12 Wed Jun 2024 29.64 29.50 30.64 28.62 0.639 times
11 Tue Jun 2024 29.50 30.60 31.00 29.50 0.149 times
10 Mon Jun 2024 30.00 31.90 31.90 29.70 1.027 times
07 Fri Jun 2024 30.73 32.72 32.72 30.06 0.729 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 29 as target. However if you take a buy trade in stock , then use 29.7 as stoploss and 30.3 as target.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 24.18
Downside Target 25.03
Downside Target 27.32
Downside Target 28.40
Upside Target 31.90
Upside Target 32.72
Upside Target 33.00
Upside Target 33.68
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 28.43
Downside Intraday Target 27.27
Upside Intraday Target 31.33
Upside Intraday Target 33.07
Upside Intraday Target 30.17

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 29.60 30.63 31.90 29.00 0.983 times
14 Fri Jun 2024 31.00 31.90 31.90 28.62 1.519 times
07 Fri Jun 2024 30.73 29.20 32.72 25.03 0.949 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

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
21 Fri Jun 2024 29.60 29.20 32.72 25.03 0.092 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 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 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 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 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 mid to longer 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.

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 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 SELL signal in short term but selling 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 30.71 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 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 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 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 mid to longer 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.

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 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 SELL signal in short term but selling 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 30.71 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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