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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 2024-12-20 View latest technical analysis

10 day averaged volume of Parmax is 1195

Date Daily Closing Price Open High Low Volume
20 Fri Dec 2024 43.70 48.25 48.25 43.70 1.474 times
19 Thu Dec 2024 46.00 43.84 46.03 43.84 0.28 times
18 Wed Dec 2024 43.84 44.93 48.00 43.80 1.867 times
17 Tue Dec 2024 46.08 48.50 48.50 46.08 1.427 times
16 Mon Dec 2024 48.50 47.00 49.00 45.00 0.947 times
13 Fri Dec 2024 47.00 44.10 47.25 44.10 1.308 times
12 Thu Dec 2024 45.00 45.28 45.28 45.00 1.123 times
11 Wed Dec 2024 45.28 44.75 46.98 42.52 1.335 times
10 Tue Dec 2024 44.75 46.16 46.16 44.75 1.531 times
09 Mon Dec 2024 47.10 48.02 48.02 46.55 0.123 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 44.9, but if it comes above 44.9, then a intra day buy could be more profitable.
If you take a sell trade below 44.9, then use 44.9 as stoploss and 42.4 as target. However if you take a buy trade in stock , then use 44.9 as stoploss and 46.89 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
Upside Target 45.14
Upside Target 46.80
Upside Target 48.02
Upside Target 49.00
Upside Target 50.00
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 41.93
Downside Intraday Target 40.17
Upside Intraday Target 47.23
Upside Intraday Target 50.77
Upside Intraday Target 45.47

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
20 Fri Dec 2024 43.70 47.00 49.00 43.70 1.106 times
13 Fri Dec 2024 47.00 48.02 48.02 42.52 1.986 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

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
20 Fri Dec 2024 43.70 50.75 50.75 42.52 0.935 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 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 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 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 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 coming down

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

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 45.34 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 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 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 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 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 coming down

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

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 45.34 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 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

Click here for further forecast and predictions for tomorrow

Daily charts

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