(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 2024-08-19 View latest technical analysis
10 day averaged volume of Parmax is 1263
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 34.60 | 34.89 | 34.89 | 34.05 | 2.012 times |
| 16 Fri Aug 2024 | 33.26 | 33.05 | 34.49 | 33.05 | 0.72 times |
| 14 Wed Aug 2024 | 32.95 | 32.95 | 33.90 | 32.30 | 0.508 times |
| 13 Tue Aug 2024 | 32.30 | 32.59 | 34.92 | 32.00 | 3.188 times |
| 12 Mon Aug 2024 | 33.26 | 34.25 | 34.30 | 33.21 | 0.523 times |
| 09 Fri Aug 2024 | 34.95 | 36.00 | 36.00 | 34.00 | 0.194 times |
| 08 Thu Aug 2024 | 34.35 | 34.50 | 34.50 | 34.35 | 0.823 times |
| 07 Wed Aug 2024 | 34.35 | 34.32 | 34.35 | 33.27 | 0.938 times |
| 06 Tue Aug 2024 | 35.02 | 35.73 | 35.73 | 35.02 | 0.295 times |
| 05 Mon Aug 2024 | 35.73 | 37.99 | 37.99 | 35.73 | 1.055 times |
Stock of Parmax (Parmax) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 33.8 as stoploss in an intra day buy trade for a target of 35.75. However, stock will show a bearish move below 33.8.
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 |
| Downside Target | 32.72 |
| Upside Target | 34.92 |
| 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 | 34.14 |
| Downside Intraday Target | 33.67 |
| Upside Intraday Target | 34.98 |
| Upside Intraday Target | 35.35 |
| Downside Intraday Target | 34.51 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 34.60 | 34.89 | 34.89 | 34.05 | 0.407 times |
| 16 Fri Aug 2024 | 33.26 | 34.25 | 34.92 | 32.00 | 1.494 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 |
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 |
| 19 Mon Aug 2024 | 34.60 | 36.33 | 37.99 | 32.00 | 0.091 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 gaining momentum.
MACD generated a SELL signal for Parmax in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Parmax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 and BUY 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 33.73 and Parmax (Parmax) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 gaining momentum.
MACD generated a SELL signal for Parmax in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Parmax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 and BUY 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 33.73 and Parmax (Parmax) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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