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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 2025-02-17 View latest technical analysis

10 day averaged volume of Parmax is 2220

Date	Daily Closing Price	Open	High	Low	Volume
17 Mon Feb 2025	38.03	41.89	41.89	38.02	0.083 times
14 Fri Feb 2025	41.07	41.00	41.82	41.00	0.529 times
13 Thu Feb 2025	41.00	43.00	43.00	41.00	0.462 times
12 Wed Feb 2025	40.50	42.50	42.50	40.50	2.714 times
11 Tue Feb 2025	45.00	47.00	47.00	43.61	0.064 times
10 Mon Feb 2025	47.99	44.03	50.60	43.00	1.158 times
07 Fri Feb 2025	47.76	50.90	50.90	47.76	0.344 times
06 Thu Feb 2025	47.83	47.82	47.84	46.64	0.704 times
05 Wed Feb 2025	43.50	43.50	43.50	43.50	0.002 times
04 Tue Feb 2025	43.50	43.00	47.00	42.94	0.673 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.5, but if it comes above 38.5, then a intra day buy could be more profitable.
If you take a sell trade below 38.5, then use 38.5 as stoploss and 34.5 as target. However if you take a buy trade in stock , then use 38.5 as stoploss and 41.82 as target.

Share price targets for Parmax (Parmax)

Target Type	Value
Downside Target	34.01
Downside Target	36.20
Downside Target	38.02
Upside Target	39.28
Upside Target	41.56
Upside Target	42.94
Upside Target	46.43
Upside Target	46.80
Upside Target	50.60
Upside Target	50.75
Upside Target	50.90
Upside Target	50.96

Intraday share price targets for Parmax (Parmax)

Target Type	Value
Downside Intraday Target	36.74
Downside Intraday Target	35.44
Upside Intraday Target	40.61
Upside Intraday Target	43.18
Upside Intraday Target	39.31

Weekly technical analysis of Parmax (Parmax)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Mon Feb 2025	38.03	41.89	41.89	38.02	0.017 times
14 Fri Feb 2025	41.07	44.03	50.60	40.50	0.971 times
07 Fri Feb 2025	47.76	43.50	50.90	42.94	8.448 times
31 Fri Jan 2025	41.00	39.78	41.56	38.10	0.485 times
24 Fri Jan 2025	39.00	36.20	39.77	36.20	0.389 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
17 Mon Feb 2025	38.03	43.50	50.90	38.02	1.255 times
31 Fri Jan 2025	41.00	43.37	46.43	36.20	0.617 times
31 Tue Dec 2024	44.25	50.75	50.75	39.28	1.6 times
29 Fri Nov 2024	49.75	44.88	50.96	43.70	0.418 times

Scroll below to view daily charts

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)

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 SELL. Signal strength is Weak 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 getting stronger in this stock.

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

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

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 43.32 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.