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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 2024-08-29 View latest technical analysis

10 day averaged volume of Parmax is 1307

Date Daily Closing Price Open High Low Volume
29 Thu Aug 2024 37.00 37.65 38.44 37.00 1.432 times
28 Wed Aug 2024 36.90 36.90 36.92 33.75 1.906 times
27 Tue Aug 2024 35.17 35.41 35.70 35.00 2.2 times
26 Mon Aug 2024 34.00 34.00 34.05 33.99 0.2 times
23 Fri Aug 2024 34.00 32.35 35.70 32.35 0.495 times
22 Thu Aug 2024 34.01 35.00 35.00 33.00 0.611 times
21 Wed Aug 2024 34.31 35.25 35.25 34.31 0.611 times
20 Tue Aug 2024 36.10 36.30 36.33 36.00 0.844 times
19 Mon Aug 2024 34.60 34.89 34.89 34.05 1.944 times
16 Fri Aug 2024 33.26 33.05 34.49 33.05 0.695 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 36.2, but if it comes below 36.2, then a intra day sell could be more profitable.
If you take a sell trade below 36.2, then use 36.2 as stoploss and 34.8 as target. However if you take a buy trade in stock , then use 36.2 as stoploss and 37.9 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 32.00
Downside Target 34.51
Downside Target 36.33
Upside Target 37.90
Upside Target 37.99
Upside Target 38.44
Upside Target 39.65
Upside Target 47.77

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 34.35
Downside Intraday Target 31.71
Upside Intraday Target 39.04
Upside Intraday Target 41.09
Downside Intraday Target 36.4

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
29 Thu Aug 2024 37.00 34.00 38.44 33.75 1.274 times
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

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
29 Thu Aug 2024 37.00 36.33 38.44 32.00 0.15 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 up 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 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.

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Parmax ( (Parmax) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY signal for Parmax in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 but buying is losing 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 35.37 and Parmax (Parmax) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Parmax (Parmax) stock. Volume based technical analysis of Parmax (Parmax) stock is negative.

Parmax Stock is giving positive 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 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.

Price action analysis of Parmax ( (Parmax) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Parmax ( (Parmax) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY signal for Parmax in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 but buying is losing 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 35.37 and Parmax (Parmax) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Parmax (Parmax) stock. Volume based technical analysis of Parmax (Parmax) stock is negative.

Parmax Stock is giving positive 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

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Daily charts

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