Is Parmax Pharma Limited stock a buy or sell right now?

Based on current indicators, Parmax Pharma Limited shows a Sell signal, with bearish momentum and trend strength favoring downside.

What is Parmax Pharma Limited’s RSI?

RSI is 47.96, showing balanced momentum within the normal range.

What does MACD indicate for PARMAX.BO?

MACD at -1.48 shows bearish pressure, with downside momentum building.

What are Parmax Pharma Limited’s key support and resistance levels?

Support sits around $24.13, while resistance is near $33.56.

Parmax Pharma Limited

PARMAX.BO•BSE

Healthcare

Medical - Pharmaceuticals

₹31.43

₹6.21(24.62%)

Indian Market opens in 8h 10m

Parmax Pharma Limited (PARMAX.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Parmax Pharma Limited (BSE:PARMAX.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PARMAX.BO Technical Analysis Summary

Parmax Pharma Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Neutral to Bearish (RSI: 47.96)

Trend Strength:Strong (ADX: 36.55)

Volatility:High (ATR: 2.87)

Support/Resistance:$24.13 – $33.56 (Bollinger Bands)

Technical conditions suggest Parmax Pharma Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 47.96

Bearish

Below midpoint indicates downward pressure.

Stochastic %K: 45.04

Neutral

Mid-range signal with no clear trend.

Williams %R: -40.16

Neutral

Balanced market without strong signals.

Rate of Change (ROC): -13.08

Strongly Bearish

Sharp downside momentum.

Takeaway:Parmax Pharma Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -1.48

Bearish

Bearish, trend momentum is strengthening to the downside.

ADX: 36.55

Strong

Strong trend, momentum well established.

ATR (14): 2.87

Medium

Medium volatility, healthy price movement.

CCI (14): 82.17

Bullish

Bullish, momentum building upward.

Takeaway:Parmax Pharma Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$33.56

Middle Band (SMA 20)

$28.84

Lower Band

$24.13

Current Position

Within Bands

Takeaway:Parmax Pharma Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels

Upper Channel

$34.27

Middle Line (EMA 20)

$28.53

Lower Channel

$22.78

Squeeze Status

Squeeze On

Takeaway:Parmax Pharma Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis

On-Balance Volume26.43K

Money Flow Index28.42Bearish, selling pressure outweighs inflows.

Relative Vigor Index46.25Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:PARMAX.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary

Based on the current technical analysis of Parmax Pharma Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Parmax Pharma Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.