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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 2024-08-13 View latest technical analysis

10 day averaged volume of Parmax is 1416

Date Daily Closing Price Open High Low Volume
13 Tue Aug 2024 32.30 32.59 34.92 32.00 2.843 times
12 Mon Aug 2024 33.26 34.25 34.30 33.21 0.467 times
09 Fri Aug 2024 34.95 36.00 36.00 34.00 0.173 times
08 Thu Aug 2024 34.35 34.50 34.50 34.35 0.734 times
07 Wed Aug 2024 34.35 34.32 34.35 33.27 0.837 times
06 Tue Aug 2024 35.02 35.73 35.73 35.02 0.263 times
05 Mon Aug 2024 35.73 37.99 37.99 35.73 0.941 times
02 Fri Aug 2024 37.60 34.51 37.73 34.51 1.561 times
01 Thu Aug 2024 36.20 36.33 36.33 35.10 0.965 times
31 Wed Jul 2024 36.33 37.00 37.00 35.20 2.227 times

Stock of Parmax (Parmax) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 31.1, for a target of 34.3 or 36.94

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 32.00
Upside Target 32.72
Upside Target 34.46
Upside Target 36.99
Upside Target 37.90
Upside Target 37.99
Upside Target 39.65
Upside Target 40.59
Upside Target 47.77

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 31.23
Downside Intraday Target 30.15
Upside Intraday Target 34.15
Upside Intraday Target 35.99
Upside Intraday Target 33.07

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
13 Tue Aug 2024 32.30 34.25 34.92 32.00 1.122 times
09 Fri Aug 2024 34.95 37.99 37.99 33.27 0.355 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

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
13 Tue Aug 2024 32.30 36.33 37.99 32.00 0.068 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 SELL. 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 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 34.94 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 SELL. 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 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 34.94 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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