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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 2024-08-23 View latest technical analysis

10 day averaged volume of Parmax is 1276

Date Daily Closing Price Open High Low Volume
23 Fri Aug 2024 34.00 32.35 35.70 32.35 0.507 times
22 Thu Aug 2024 34.01 35.00 35.00 33.00 0.625 times
21 Wed Aug 2024 34.31 35.25 35.25 34.31 0.625 times
20 Tue Aug 2024 36.10 36.30 36.33 36.00 0.864 times
19 Mon Aug 2024 34.60 34.89 34.89 34.05 1.991 times
16 Fri Aug 2024 33.26 33.05 34.49 33.05 0.712 times
14 Wed Aug 2024 32.95 32.95 33.90 32.30 0.503 times
13 Tue Aug 2024 32.30 32.59 34.92 32.00 3.155 times
12 Mon Aug 2024 33.26 34.25 34.30 33.21 0.518 times
09 Fri Aug 2024 34.95 36.00 36.00 34.00 0.192 times

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 33.4 as stoploss in an intra day buy trade for a target of 35.14. However, stock will show a bearish move below 33.4.

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 34.46
Upside Target 36.33
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 32.12
Downside Intraday Target 30.25
Upside Intraday Target 36.1
Upside Intraday Target 38.21
Upside Intraday Target 34.23

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
23 Fri Aug 2024 34.00 34.89 36.33 32.35 0.944 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
23 Fri Aug 2024 34.00 36.33 37.99 32.00 0.109 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 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 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 and the sell signal is strong.

Parmax Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Parmax in short term but BUY signal is weak.

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 33.65 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 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 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 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 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 and the sell signal is strong.

Parmax Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Parmax in short term but BUY signal is weak.

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 33.65 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 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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