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(Parnaxlab) Parnaxlab complete technical analysis [charts+indicators] | Buy/Sell Parnaxlab | (Parnaxlab) share price targets

Complete technical analysis of Parnaxlab (Parnaxlab) by charts plus indicators, forecast predictions and share price targets for Parnaxlab (Parnaxlab)

10 day averaged volume of Parnaxlab is 16363

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 125.45 129.00 130.00 125.00 0.737 times
29 Mon Apr 2024 126.15 131.90 131.90 125.00 0.912 times
26 Fri Apr 2024 130.25 129.50 134.00 127.15 0.617 times
25 Thu Apr 2024 129.50 125.00 132.80 125.00 0.544 times
24 Wed Apr 2024 129.05 128.00 131.85 127.00 0.503 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 125.1 as stoploss in an intra day buy trade for a target of 135.83. However, stock will show a bearish move below 125.1.

Share price targets for Parnaxlab (Parnaxlab)

Target Type Value
Downside Target 80.00
Downside Target 84.25
Downside Target 97.00
Downside Target 100.00
Downside Target 122.60
Upside Target 131.90
Upside Target 136.45
Upside Target 136.85
Upside Target 141.75
Upside Target 142.90
Upside Target 165.00
Upside Target 167.90

Intraday share price targets for Parnaxlab (Parnaxlab)

Target Type Value
Downside Intraday Target 123
Downside Intraday Target 120.55
Upside Intraday Target 129.9
Upside Intraday Target 134.35
Upside Intraday Target 127.45

Weekly technical analysis of Parnaxlab (Parnaxlab)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 125.45 131.90 131.90 125.00 0.375 times
26 Fri Apr 2024 130.25 136.85 136.85 124.80 0.952 times
19 Fri Apr 2024 135.75 129.65 142.90 123.20 0.586 times
12 Fri Apr 2024 136.45 165.00 165.00 136.45 0.383 times
05 Fri Apr 2024 162.90 136.70 167.90 122.60 1.582 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 Parnaxlab (Parnaxlab)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 125.45 136.70 167.90 122.60 0.413 times
28 Thu Mar 2024 129.53 89.98 141.75 84.25 4.6 times
29 Thu Feb 2024 86.78 88.51 97.00 81.00 1.397 times
31 Wed Jan 2024 90.61 88.90 100.00 84.51 1.281 times

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 Parnaxlab (Parnaxlab)

Indicator Name Indicator Value Indicator Signal
ADX 19, 26, 17 Sell
MACD 7, 11Sell
Stochastics 21Sell
CCI -96Sell
RSI 59Buy
OBV 45613Sell
VWAP 132Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Parnaxlab ( (Parnaxlab) ) 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 Parnaxlab ( (Parnaxlab) ) 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 Parnaxlab ( (Parnaxlab) ) 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 Parnaxlab ( (Parnaxlab) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Parnaxlab stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Parnaxlab in short term but the sell signal is initial and weak.

Parnaxlab 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Parnaxlab in short term and SELL signal is strong!

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 Parnaxlab is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 131.59 and Parnaxlab (Parnaxlab) 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 Parnaxlab (Parnaxlab) stock. Volume based technical analysis of Parnaxlab (Parnaxlab) stock is negative.

Parnaxlab Stock has given negative 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.

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