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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 2024-12-11 View latest technical analysis

10 day averaged volume of Parmax is 639

Date Daily Closing Price Open High Low Volume
11 Wed Dec 2024 45.28 44.75 46.98 42.52 2.496 times
10 Tue Dec 2024 44.75 46.16 46.16 44.75 2.864 times
09 Mon Dec 2024 47.10 48.02 48.02 46.55 0.23 times
06 Fri Dec 2024 49.00 49.75 49.75 49.00 0.102 times
05 Thu Dec 2024 49.70 49.75 49.75 46.80 0.687 times
04 Wed Dec 2024 49.25 48.96 49.75 48.10 2.7 times
03 Tue Dec 2024 48.00 49.75 49.75 47.90 1.064 times
02 Mon Dec 2024 49.00 50.75 50.75 48.50 0.552 times
29 Fri Nov 2024 49.75 49.00 50.00 47.00 0.457 times
28 Thu Nov 2024 49.00 49.00 49.00 48.45 0.753 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 trade for tomorrow is selective. Take a sell trade only if stock stays below 46, but if it comes above 46, then a intra day buy could be more profitable.
If you take a sell trade below 46, then use 46 as stoploss and 43.9 as target. However if you take a buy trade in stock , then use 46 as stoploss and 47.73 as target.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 32.00
Downside Target 33.00
Downside Target 34.01
Downside Target 38.44
Downside Target 42.52
Downside Target 43.70
Downside Target 45.14
Upside Target 46.80
Upside Target 49.76
Upside Target 50.75
Upside Target 50.96
Upside Target 54.00

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 42.53
Downside Intraday Target 39.77
Upside Intraday Target 48.03
Upside Intraday Target 50.77
Downside Intraday Target 45.27

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
11 Wed Dec 2024 45.28 48.02 48.02 42.52 1.095 times
06 Fri Dec 2024 49.00 50.75 50.75 46.80 0.987 times
29 Fri Nov 2024 49.75 45.08 50.00 43.70 0.876 times
22 Fri Nov 2024 46.00 47.04 49.76 45.14 0.632 times
14 Thu Nov 2024 48.00 50.63 50.96 47.53 1.875 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
11 Wed Dec 2024 45.28 50.75 50.75 42.52 0.378 times
29 Fri Nov 2024 49.75 44.88 50.96 43.70 0.418 times
31 Thu Oct 2024 45.80 44.30 46.80 34.01 0.545 times
30 Mon Sep 2024 46.63 36.01 54.00 33.00 2.766 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 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 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 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 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 Strong and stock is gaining 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Parmax in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 47.2 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 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 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 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 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 Strong and stock is gaining 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Parmax in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 47.2 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.

Click here for Parmax charts

Click here for further forecast and predictions for tomorrow

Daily charts

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