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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 7966

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 114.90 111.60 119.50 110.00 3.945 times
20 Mon May 2024 114.45 113.05 117.80 110.25 0.497 times
17 Fri May 2024 113.75 110.30 115.15 110.30 0.658 times
16 Thu May 2024 113.90 112.75 116.50 112.55 0.789 times
15 Wed May 2024 114.10 119.90 120.00 112.10 0.577 times

Stock of Parnaxlab (Parnaxlab) has showed a significant upmove. This could be a good time to enter in this stock!

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 113.1 as stoploss in an intra day buy trade for a target of 119.24. However, stock will show a bearish move below 113.1.

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 110.00
Upside Target 116.55
Upside Target 119.50
Upside Target 124.80
Upside Target 126.75
Upside Target 131.90
Upside Target 136.85
Upside Target 141.75
Upside Target 167.90

Intraday share price targets for Parnaxlab (Parnaxlab)

Target Type Value
Downside Intraday Target 110.1
Downside Intraday Target 105.3
Upside Intraday Target 119.6
Upside Intraday Target 124.3
Downside Intraday Target 114.8

Weekly technical analysis of Parnaxlab (Parnaxlab)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 114.90 113.05 119.50 110.00 1.521 times
17 Fri May 2024 113.75 116.80 120.00 110.30 0.558 times
10 Fri May 2024 114.50 121.00 121.00 110.20 0.672 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Parnaxlab (Parnaxlab)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 114.90 126.75 126.75 110.00 0.212 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 17, 16, 1 Buy
MACD -3, -3Sell
Stochastics 41None
CCI 49Buy
RSI 64Buy
OBV -82614Sell
VWAP 114Buy
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Parnaxlab ( (Parnaxlab) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Parnaxlab ( (Parnaxlab) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Parnaxlab Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Parnaxlab in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 114.48 and Parnaxlab (Parnaxlab) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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