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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 11756

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 111.90 113.00 118.00 111.00 0.653 times
07 Tue May 2024 115.00 120.70 120.70 115.00 0.87 times
06 Mon May 2024 117.15 121.00 121.00 115.00 0.887 times
03 Fri May 2024 120.25 116.55 123.80 116.55 1.126 times
02 Thu May 2024 121.05 126.75 126.75 120.00 1.853 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 119.3, but if it comes above 119.3, then a intra day buy could be more profitable.
If you take a sell trade below 119.3, then use 119.3 as stoploss and 105.7 as target. However if you take a buy trade in stock , then use 119.3 as stoploss and 130.66 as target.

Share price targets for Parnaxlab (Parnaxlab)

Target Type Value
Downside Target 81.00
Downside Target 84.25
Downside Target 97.00
Downside Target 100.00
Downside Target 111.00
Upside Target 116.55
Upside Target 121.00
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 108.27
Downside Intraday Target 104.63
Upside Intraday Target 118.27
Upside Intraday Target 124.63
Upside Intraday Target 114.63

Weekly technical analysis of Parnaxlab (Parnaxlab)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 111.90 121.00 121.00 111.00 0.457 times
03 Fri May 2024 120.25 131.90 131.90 116.55 0.863 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

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
08 Wed May 2024 111.90 126.75 126.75 111.00 0.099 times
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

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 12, 32, 44 Sell
MACD -0, 4Sell
Stochastics 5Sell
CCI -125Sell
RSI 61Buy
OBV -56764Sell
VWAP 123Sell
ADL 0Sell
ROC -12Sell
Force Index 0Sell

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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Parnaxlab in short term and the sell signal is strong.

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

Stock of Parnaxlab is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 122.58 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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