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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 2024-10-29 View latest technical analysis

10 day averaged volume of Parmax is 2247

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	45.95	46.40	46.40	42.85	0.263 times
28 Mon Oct 2024	45.10	46.50	46.50	45.05	0.455 times
25 Fri Oct 2024	45.35	45.00	45.70	44.99	0.385 times
24 Thu Oct 2024	44.95	41.72	44.95	41.65	0.608 times
23 Wed Oct 2024	43.74	43.75	45.00	43.16	0.704 times
22 Tue Oct 2024	43.75	44.94	45.00	42.94	1.103 times
21 Mon Oct 2024	42.94	40.08	42.94	40.08	2.839 times
18 Fri Oct 2024	40.90	42.50	42.50	40.90	0.38 times
17 Thu Oct 2024	43.05	43.68	43.89	40.00	1.671 times
16 Wed Oct 2024	41.80	39.86	41.85	39.86	1.513 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 45.1, but if it comes below 45.1, then a intra day sell could be more profitable.
If you take a sell trade below 45.1, then use 45.1 as stoploss and 42.04 as target. However if you take a buy trade in stock , then use 45.1 as stoploss and 48.7 as target.

Share price targets for Parmax (Parmax)

Target Type	Value
Downside Target	25.03
Downside Target	29.00
Downside Target	32.00
Downside Target	32.72
Downside Target	34.01
Downside Target	35.70
Downside Target	38.44
Downside Target	40.08
Downside Target	42.09
Downside Target	43.89
Downside Target	44.80
Downside Target	45.70
Upside Target	46.50
Upside Target	46.63
Upside Target	47.77
Upside Target	54.00

Intraday share price targets for Parmax (Parmax)

Target Type	Value
Downside Intraday Target	43.7
Downside Intraday Target	41.45
Upside Intraday Target	47.35
Upside Intraday Target	48.75
Downside Intraday Target	45.1

Weekly technical analysis of Parmax (Parmax)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	45.95	46.50	46.50	42.85	0.127 times
25 Fri Oct 2024	45.35	40.08	45.70	40.08	0.971 times
18 Fri Oct 2024	40.90	38.20	43.89	35.70	1.186 times
11 Fri Oct 2024	37.57	43.05	44.80	34.01	3.945 times
03 Thu Oct 2024	42.09	46.63	46.63	42.09	0.091 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 Tue Oct 2024	45.95	44.30	46.50	34.01	0.515 times
30 Mon Sep 2024	46.63	36.01	54.00	33.00	2.766 times
30 Fri Aug 2024	35.30	36.33	38.44	32.00	0.158 times
31 Wed Jul 2024	36.33	30.15	47.77	29.00	11.709 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 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 to mid 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 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 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 tired and bears are picking up momentum.

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 SELL signal for Parmax in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 43.25 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.