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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)

Showing technical analysis as on 2023-03-24 View latest technical analysis

10 day averaged volume of Parnaxlab is 7255

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Mar 2023	54.99	57.90	59.50	54.45	2.605 times
23 Thu Mar 2023	55.59	59.95	59.95	55.10	0.816 times
22 Wed Mar 2023	57.14	56.65	57.95	53.00	0.345 times
21 Tue Mar 2023	59.74	61.80	61.80	56.50	0.046 times
20 Mon Mar 2023	57.49	59.30	59.30	52.01	1.614 times
17 Fri Mar 2023	59.30	59.20	62.00	59.20	0.435 times
16 Thu Mar 2023	60.00	61.00	61.00	57.15	0.118 times
15 Wed Mar 2023	58.57	60.90	60.90	57.00	0.537 times
14 Tue Mar 2023	58.30	58.80	60.00	56.35	1.767 times
13 Mon Mar 2023	58.52	61.91	61.91	57.50	1.969 times

Stock of Parnaxlab (Parnaxlab) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 54.3, for a target of 57.5 or 60.24

Share price targets for Parnaxlab (Parnaxlab)

Target Type	Value
Downside Target	52.01
Upside Target	56.35
Upside Target	58.10
Upside Target	60.26
Upside Target	63.55
Upside Target	68.50
Upside Target	70.40
Upside Target	72.20
Upside Target	77.00
Upside Target	78.45
Upside Target	79.40
Upside Target	79.85
Upside Target	90.00

Intraday share price targets for Parnaxlab (Parnaxlab)

Target Type	Value
Downside Intraday Target	50.73
Downside Intraday Target	46.48
Upside Intraday Target	60.52
Upside Intraday Target	66.06
Upside Intraday Target	56.27

Weekly technical analysis of Parnaxlab (Parnaxlab)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Mar 2023	54.99	59.30	61.80	52.01	1.124 times
17 Fri Mar 2023	59.30	61.91	62.00	56.35	0.584 times
10 Fri Mar 2023	61.91	61.63	68.50	60.26	0.837 times
03 Fri Mar 2023	61.63	62.10	77.00	58.80	1.595 times
24 Fri Feb 2023	63.70	68.00	70.95	63.55	0.806 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
24 Fri Mar 2023	54.99	64.15	68.50	52.01	0.815 times
28 Tue Feb 2023	60.75	61.65	79.85	58.10	3.053 times
31 Tue Jan 2023	64.90	74.95	78.45	61.10	0.718 times
30 Fri Dec 2022	72.80	74.00	79.40	70.40	0.884 times

Scroll below to view daily charts

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)

Price action analysis of Parnaxlab ( (Parnaxlab) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 SELL signal in short term but selling is losing 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 57.2 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 negative.

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