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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)

10 day averaged volume of Parmax is 864

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 29.99 29.99 29.99 29.10 0.218 times
06 Mon May 2024 29.87 29.84 31.00 29.00 0.949 times
03 Fri May 2024 30.45 32.49 32.49 28.40 1.369 times
02 Thu May 2024 30.55 31.36 31.36 29.25 2.052 times
30 Tue Apr 2024 30.00 31.99 31.99 29.85 2.657 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 29.6 as stoploss in an intra day buy trade for a target of 30.47. However, stock will show a bearish move below 29.6.

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 32.49
Upside Target 32.50
Upside Target 33.00
Upside Target 33.68
Upside Target 35.80
Upside Target 36.58

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 28.99
Downside Intraday Target 28
Upside Intraday Target 30.99
Upside Intraday Target 32
Upside Intraday Target 30

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 29.99 29.84 31.00 29.00 0.186 times
03 Fri May 2024 30.45 29.20 32.49 28.40 2.458 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

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
07 Tue May 2024 29.99 31.36 32.49 28.40 0.176 times
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

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)

Indicator Name Indicator Value Indicator Signal
ADX 19, 11, 28 Buy
MACD -0, -0Buy
Stochastics 43None
CCI -33Sell
RSI 48Sell
OBV -307Sell
VWAP 30Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a BUY signal for Parmax in short term but the buy signal is initial and weak.

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 getting stronger in this stock.

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 and SELL signal is strong!

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 30.02 and Parmax (Parmax) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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

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