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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 2023-09-12 View latest technical analysis

10 day averaged volume of Parnaxlab is 15248

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Sep 2023	95.55	97.80	97.80	89.00	2.688 times
11 Mon Sep 2023	93.19	88.70	93.19	84.33	1.385 times
08 Fri Sep 2023	88.76	90.45	91.59	87.50	0.349 times
07 Thu Sep 2023	87.89	86.00	87.89	84.00	1.126 times
06 Wed Sep 2023	83.71	83.00	85.90	81.75	0.5 times
05 Tue Sep 2023	81.91	83.17	84.50	81.50	0.967 times
04 Mon Sep 2023	83.17	84.90	85.00	81.00	1.113 times
01 Fri Sep 2023	83.92	82.59	86.25	82.26	1.238 times
31 Thu Aug 2023	82.59	85.00	87.00	82.00	1.181 times
30 Wed Aug 2023	85.02	82.90	85.25	82.00	0.707 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 bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 96.3 as stoploss in an intra day sell trade for a target of 89.75. However, stock will show a bullish move above 96.3.

Share price targets for Parnaxlab (Parnaxlab)

Target Type	Value
Downside Target	55.00
Downside Target	58.25
Downside Target	62.00
Downside Target	66.80
Downside Target	69.65
Downside Target	75.80
Downside Target	79.80
Downside Target	84.33
Downside Target	90.00
Upside Target	97.80
Upside Target	99.40
Upside Target	109.50

Intraday share price targets for Parnaxlab (Parnaxlab)

Target Type	Value
Downside Intraday Target	87.32
Downside Intraday Target	79.09
Upside Intraday Target	100.79
Upside Intraday Target	106.03
Downside Intraday Target	92.56

Weekly technical analysis of Parnaxlab (Parnaxlab)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Sep 2023	95.55	88.70	97.80	84.33	1.005 times
08 Fri Sep 2023	88.76	84.90	91.59	81.00	0.772 times
01 Fri Sep 2023	83.92	88.00	90.00	82.00	1.506 times
25 Fri Aug 2023	88.02	99.40	99.40	85.64	0.169 times
18 Fri Aug 2023	97.93	97.50	109.50	80.00	1.141 times

Price has moved up 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
12 Tue Sep 2023	95.55	82.59	97.80	81.00	0.196 times
31 Thu Aug 2023	82.59	75.00	109.50	69.65	3.559 times
31 Mon Jul 2023	72.85	59.74	75.80	58.25	1.028 times
30 Fri Jun 2023	58.19	63.50	66.80	55.00	2.053 times

Scroll below to view daily charts

Price has moved up 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 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.

Price action analysis of Parnaxlab ( (Parnaxlab) ) based on a short to mid 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Parnaxlab in short term and the buy signal is strong.

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

Parnaxlab Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 88.06 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 is giving positive 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.