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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 2024-12-30 View latest technical analysis

10 day averaged volume of Parmax is 1946

Date Daily Closing Price Open High Low Volume
30 Mon Dec 2024 42.16 42.52 42.52 41.69 0.304 times
27 Fri Dec 2024 41.69 40.49 41.71 40.49 0.126 times
26 Thu Dec 2024 40.49 40.51 43.40 39.28 1.639 times
24 Tue Dec 2024 41.34 42.14 43.63 39.89 2.1 times
23 Mon Dec 2024 41.98 45.64 45.64 41.52 1.651 times
20 Fri Dec 2024 43.70 48.25 48.25 43.70 0.905 times
19 Thu Dec 2024 46.00 43.84 46.03 43.84 0.172 times
18 Wed Dec 2024 43.84 44.93 48.00 43.80 1.146 times
17 Tue Dec 2024 46.08 48.50 48.50 46.08 0.876 times
16 Mon Dec 2024 48.50 47.00 49.00 45.00 0.582 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.6, but if it comes above 42.6, then a intra day buy could be more profitable.
If you take a sell trade below 42.6, then use 42.6 as stoploss and 39.2 as target. However if you take a buy trade in stock , then use 42.6 as stoploss and 45.49 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 39.28
Downside Target 41.69
Upside Target 43.70
Upside Target 45.64
Upside Target 46.80
Upside Target 48.02
Upside Target 49.00
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 41.73
Downside Intraday Target 41.29
Upside Intraday Target 42.56
Upside Intraday Target 42.95
Downside Intraday Target 42.12

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
30 Mon Dec 2024 42.16 42.52 42.52 41.69 0.055 times
27 Fri Dec 2024 41.69 45.64 45.64 39.28 1.498 times
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

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
30 Mon Dec 2024 42.16 50.75 50.75 39.28 1.562 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Parmax (Parmax)

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 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 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 Strong 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Parmax in short term but BUY 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

Although the stock is in the BUY zone, but buying 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 42.82 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 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 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 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 Strong 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Parmax in short term but BUY 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

Although the stock is in the BUY zone, but buying 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 42.82 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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