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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 2024-08-07 View latest technical analysis

10 day averaged volume of Parmax is 2248

Date Daily Closing Price Open High Low Volume
07 Wed Aug 2024 34.35 34.32 34.35 33.27 0.527 times
06 Tue Aug 2024 35.02 35.73 35.73 35.02 0.166 times
05 Mon Aug 2024 35.73 37.99 37.99 35.73 0.593 times
02 Fri Aug 2024 37.60 34.51 37.73 34.51 0.984 times
01 Thu Aug 2024 36.20 36.33 36.33 35.10 0.608 times
31 Wed Jul 2024 36.33 37.00 37.00 35.20 1.403 times
30 Tue Jul 2024 37.00 39.65 39.65 36.91 1.153 times
29 Mon Jul 2024 38.85 37.67 39.00 35.80 1.081 times
26 Fri Jul 2024 37.67 37.11 37.97 34.46 2.388 times
25 Thu Jul 2024 36.26 37.28 38.85 36.00 0.708 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 35.2, but if it comes above 35.2, then a intra day buy could be more profitable.
If you take a sell trade below 35.2, then use 35.2 as stoploss and 32.5 as target. However if you take a buy trade in stock , then use 35.2 as stoploss and 37.5 as target.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 25.03
Downside Target 27.32
Downside Target 28.40
Downside Target 29.00
Downside Target 30.89
Downside Target 32.72
Upside Target 34.46
Upside Target 36.99
Upside Target 37.90
Upside Target 39.65
Upside Target 40.59
Upside Target 41.24
Upside Target 47.77

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 32.42
Downside Intraday Target 30.48
Upside Intraday Target 37.14
Upside Intraday Target 39.92
Upside Intraday Target 35.2

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
07 Wed Aug 2024 34.35 37.99 37.99 33.27 0.246 times
02 Fri Aug 2024 37.60 37.67 39.65 34.51 0.821 times
26 Fri Jul 2024 37.67 40.59 40.59 34.46 0.166 times
19 Fri Jul 2024 39.79 40.50 47.77 36.99 1.451 times
12 Fri Jul 2024 38.84 30.89 41.24 30.89 4.173 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
07 Wed Aug 2024 34.35 36.33 37.99 33.27 0.036 times
31 Wed Jul 2024 36.33 30.15 47.77 29.00 11.709 times
28 Fri Jun 2024 30.15 29.20 32.72 25.03 0.12 times
31 Fri May 2024 30.42 31.36 37.90 28.40 5.762 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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.

ADX buy sell signal for Parmax stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Parmax in short term but the sell signal is initial and weak.

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

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 36.98 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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.

ADX buy sell signal for Parmax stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Parmax in short term but the sell signal is initial and weak.

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

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 36.98 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 positive

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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