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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 11115

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 31.82 30.80 32.90 29.83 0.279 times
17 Fri May 2024 31.40 28.60 32.00 28.60 0.438 times
16 Thu May 2024 29.14 29.00 30.47 29.00 1.018 times
15 Wed May 2024 31.39 33.80 33.80 30.10 0.15 times
14 Tue May 2024 31.75 32.90 33.80 31.60 0.275 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 32 as stoploss in an intra day sell trade for a target of 30.59. However, stock will show a bullish move above 32.

Share price targets for Parmax (Parmax)

Target Type Value
Downside Target 24.18
Downside Target 27.32
Downside Target 28.40
Downside Target 29.83
Downside Target 31.00
Downside Target 31.65
Upside Target 32.49
Upside Target 33.68
Upside Target 33.80
Upside Target 35.80
Upside Target 36.58
Upside Target 37.90

Intraday share price targets for Parmax (Parmax)

Target Type Value
Downside Intraday Target 30.13
Downside Intraday Target 28.45
Upside Intraday Target 33.2
Upside Intraday Target 34.59
Downside Intraday Target 31.52

Weekly technical analysis of Parmax (Parmax)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 31.82 30.80 32.90 29.83 0.108 times
17 Fri May 2024 31.40 31.50 33.80 28.60 0.359 times
10 Fri May 2024 31.05 29.84 37.90 29.00 14.771 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

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
20 Mon May 2024 31.82 31.36 37.90 28.40 5.102 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 up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Parmax (Parmax)

Indicator Name Indicator Value Indicator Signal
ADX 30, 10, 50 Buy
MACD 0, 0Buy
Stochastics 24Sell
CCI 5Buy
RSI 53Buy
OBV -6855Sell
VWAP 32Sell
ADL 0Sell
ROC 7Buy
Force Index 0Sell

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 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 gaining momentum.

MACD generated a BUY signal for Parmax in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 in or above the red cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing 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 32.35 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 is giving positive 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

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