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(PARIN_SM) Parin Furniture complete technical analysis [charts+indicators] | Buy/Sell Parin Furniture | (PARIN_SM) share price targets

Complete technical analysis of Parin Furniture (PARIN_SM) by charts plus indicators, forecast predictions and share price targets for Parin Furniture (PARIN_SM)

Showing technical analysis as on 2024-02-12 View latest technical analysis

10 day averaged volume of Parin Furniture is 24200

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	130.00	128.50	131.00	128.50	4.132 times
09 Fri Feb 2024	133.50	134.00	134.00	125.40	0.909 times
08 Thu Feb 2024	132.00	132.00	132.00	132.00	0.083 times
07 Wed Feb 2024	130.00	129.00	132.00	123.50	0.744 times
06 Tue Feb 2024	130.00	122.00	130.00	121.60	3.471 times
05 Mon Feb 2024	128.00	122.55	128.00	122.55	0.661 times
02 Fri Feb 2024	129.00	121.50	129.00	121.50	0.579 times
01 Thu Feb 2024	127.90	117.00	127.90	117.00	0.744 times
31 Wed Jan 2024	123.00	120.00	123.00	120.00	0.661 times
30 Tue Jan 2024	120.00	118.00	120.00	118.00	0.744 times

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

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 129.2, but if it comes below 129.2, then a intra day sell could be more profitable.
If you take a sell trade below 129.2, then use 129.2 as stoploss and 122.82 as target. However if you take a buy trade in stock , then use 129.2 as stoploss and 136.8 as target.

Share price targets for Parin Furniture (PARIN_SM)

Target Type	Value
Downside Target	64.60
Downside Target	67.80
Downside Target	71.00
Downside Target	100.75
Downside Target	103.00
Downside Target	106.40
Downside Target	111.65
Downside Target	114.00
Downside Target	117.00
Downside Target	120.00
Downside Target	128.50
Downside Target	129.00
Upside Target	131.00
Upside Target	134.00

Intraday share price targets for Parin Furniture (PARIN_SM)

Target Type	Value
Downside Intraday Target	128.67
Downside Intraday Target	127.33
Upside Intraday Target	131.17
Upside Intraday Target	132.33
Downside Intraday Target	129.83

Weekly technical analysis of Parin Furniture (PARIN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	130.00	128.50	131.00	128.50	0.704 times
09 Fri Feb 2024	133.50	122.55	134.00	121.60	1.42 times
02 Fri Feb 2024	129.00	114.10	129.00	114.00	2.083 times
25 Thu Jan 2024	120.00	115.95	120.00	111.65	1 times
19 Fri Jan 2024	117.50	108.00	120.00	108.00	0.436 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 Parin Furniture (PARIN_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	130.00	117.00	134.00	117.00	0.714 times
31 Wed Jan 2024	123.00	110.00	124.00	106.40	1.021 times
27 Wed Dec 2023	112.00	103.00	114.00	103.00	2.611 times
30 Thu Nov 2023	99.70	67.80	100.75	67.80	10.286 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 Parin Furniture (PARIN_SM)

Price action analysis of Parin Furniture ( (PARIN_SM) ) 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 Parin Furniture ( (PARIN_SM) ) based on a short to mid 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 Parin Furniture ( (PARIN_SM) ) 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 Parin Furniture stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Parin Furniture Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Parin Furniture in short term but SELL signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Parin Furniture is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 129.04 and Parin Furniture (PARIN_SM) 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 Parin Furniture (PARIN_SM) stock. Volume based technical analysis of Parin Furniture (PARIN_SM) stock is negative.

Parin Furniture 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.