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Parmax Pharma Limited

PARMAX.BO•BSE
Healthcare
Medical - Pharmaceuticals
₹31.00
₹-0.98(-3.06%)
Indian Market opens in 4h 32m

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 Bullish (RSI: 50.45)
Trend Strength:Weak (ADX: 19.17)
Volatility:High (ATR: 3.06)
Support/Resistance:$26.80 – $34.70 (Bollinger Bands)

This mix signals that Parmax Pharma Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 50.45

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 47.68

Neutral
Mid-range signal with no clear trend.

Williams %R: -58.14

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 0.10

Neutral
Price change is minimal.

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

Trend & Volatility

MACD: 0.53

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.17

Weak
Weak trend, market trading sideways.

ATR (14): 3.06

Medium
Medium volatility, healthy price movement.

CCI (14): 39.23

Bullish
Bullish, momentum building upward.

Takeaway:Parmax Pharma Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$34.70
Middle Band (SMA 20)
$30.75
Lower Band
$26.80
Current Position
Within Bands

Takeaway:Parmax Pharma Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$37.11
Middle Line (EMA 20)
$30.99
Lower Channel
$24.86
Squeeze Status
Squeeze On

Takeaway:Parmax Pharma Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume10.34K
Money Flow Index45.39Neutral, balanced money flows with no clear signal.
Relative Vigor Index38.25Bearish, price momentum favors sellers.

Overall Takeaway:PARMAX.BO shows mixed signals in money flow analysis.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Parmax Pharma Limited are mixed, suggesting a Hold or wait-and-see approach.

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