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Parnax Lab Limited

PARNAXLAB.BO Technical Analysis Summary (BSE)

Analyze PARNAXLAB.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

PARNAXLAB.BO●BSE
HealthcareMedical - Pharmaceuticals
₹111.95
₹8.50(8.22%)
Indian Market opens in 51h 0m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PARNAXLAB.BO Technical Analysis Summary (BSE)

Parnax Lab Limited (BSE: PARNAXLAB.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.70)
Trend Strength:Weak (ADX: 18.71)
Volatility:High (ATR: 6.90)
Support/Resistance:$104.06 – $121.23 (Bollinger Bands)

Technical conditions suggest Parnax Lab Limited on the BSE is awaiting a decisive move. This mix signals that Parnax Lab Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 46.70

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 23.75

Bearish
Momentum remains weak below midpoint.

Williams %R: -47.51

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -2.65

Bearish
Selling pressure outweighs buying.

Takeaway:Parnax Lab Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -4.25

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.71

Weak
Weak trend, market trading sideways.

ATR (14): 6.90

High
High volatility, wide price fluctuations.

CCI (14): 60.78

Bullish
Bullish, momentum building upward.

Takeaway:Parnax Lab Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$121.23
Middle Band (SMA 20)
$112.64
Lower Band
$104.06
Current Position
Within Bands

Takeaway:Parnax Lab Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$127.04
Middle Line (EMA 20)
$113.24
Lower Channel
$99.43
Squeeze Status
Squeeze On

Takeaway:Parnax Lab Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-48.01K
Money Flow Index48.68Neutral, balanced money flows with no clear signal.
Relative Vigor Index37.55Bearish, price momentum favors sellers.

Overall Takeaway:PARNAXLAB.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Parnax Lab Limited (BSE: PARNAXLAB.BO), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Parnax Lab Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: PARNAXLAB.BO) Technical Analysis FAQ