Login or Join
Learn then Earn

(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)

10 day averaged volume of Parmax is 797

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 30.00 31.99 31.99 29.85 2.881 times
29 Mon Apr 2024 30.70 29.20 30.89 29.20 0.213 times
25 Thu Apr 2024 29.80 29.20 31.65 29.20 1.284 times
24 Wed Apr 2024 29.30 29.42 29.42 29.30 0.011 times
23 Tue Apr 2024 29.12 29.60 29.60 29.02 0.497 times

Stock of Parmax (Parmax) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 29.2 or till 28. Use a stoploss of 30.28 and if the stock hits stoploss, then it can shoot up till 31.33

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 24.18
Downside Target 27.32
Downside Target 28.20
Upside Target 31.00
Upside Target 31.65
Upside Target 32.50
Upside Target 33.00
Upside Target 33.68
Upside Target 35.00
Upside Target 35.80
Upside Target 36.58

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 28.8
Downside Intraday Target 27.61
Upside Intraday Target 31.59
Upside Intraday Target 33.19
Upside Intraday Target 30.4

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 30.00 29.20 31.99 29.20 1.118 times
25 Thu Apr 2024 29.80 29.22 31.65 28.95 0.669 times
19 Fri Apr 2024 29.82 32.48 32.50 28.20 0.598 times
12 Fri Apr 2024 31.90 32.00 33.68 29.35 0.61 times
05 Fri Apr 2024 30.45 27.32 32.49 27.32 1.246 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 Tue Apr 2024 30.00 27.32 33.68 27.32 0.476 times
28 Thu Mar 2024 28.48 31.30 33.00 24.18 0.954 times
29 Thu Feb 2024 31.33 33.00 35.80 28.50 0.654 times
31 Wed Jan 2024 33.00 34.05 36.58 31.00 1.718 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 23, 13, 27 Buy
MACD -0, -0Sell
Stochastics 45None
CCI 49Buy
RSI 48Sell
OBV -6638Sell
VWAP 30Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

ADX buy sell signal for Parmax stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Parmax in short term and the sell signal is strong.

Parmax Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Parmax in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 30.09 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

Learn then Earn
Back to top | Use Dark Theme