(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 2024-05-17 View latest technical analysis
10 day averaged volume of Parmax is 10518
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 31.40 | 28.60 | 32.00 | 28.60 | 0.463 times |
| 16 Thu May 2024 | 29.14 | 29.00 | 30.47 | 29.00 | 1.075 times |
| 15 Wed May 2024 | 31.39 | 33.80 | 33.80 | 30.10 | 0.159 times |
| 14 Tue May 2024 | 31.75 | 32.90 | 33.80 | 31.60 | 0.291 times |
| 13 Mon May 2024 | 32.34 | 31.50 | 32.80 | 31.45 | 0.749 times |
| 10 Fri May 2024 | 31.05 | 37.00 | 37.90 | 30.01 | 3.884 times |
| 09 Thu May 2024 | 35.04 | 32.48 | 35.04 | 32.00 | 3.586 times |
| 08 Wed May 2024 | 29.20 | 29.99 | 29.99 | 29.20 | 0.049 times |
| 07 Tue May 2024 | 29.99 | 29.99 | 29.99 | 29.10 | 0.018 times |
| 06 Mon May 2024 | 29.87 | 29.84 | 31.00 | 29.00 | 0.078 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 30.57. 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 | 28.20 |
| Downside Target | 31.00 |
| Upside Target | 31.65 |
| Upside Target | 32.49 |
| Upside Target | 33.00 |
| 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 | 28.73 |
| Downside Intraday Target | 26.07 |
| Upside Intraday Target | 33.93 |
| Upside Intraday Target | 36.47 |
| Downside Intraday Target | 31.27 |
Weekly technical analysis of Parmax (Parmax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 19 Fri Apr 2024 | 29.82 | 32.48 | 32.50 | 28.20 | 0.598 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 |
| 17 Fri May 2024 | 31.40 | 31.36 | 37.90 | 28.40 | 4.964 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 |
Scroll below to view daily charts
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)
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 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 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 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.
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 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 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 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 further forecast and predictions for tomorrow