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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Parnassus Mid Cap Fund - Investor Shares (NASDAQ:PARMX)
Sidelines Mode (-55) - PARMX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PARMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PARMX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PARMX
The long-term trend has been UP since Dec 11th, 2023 at 35.80
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 39.16
The short-term trend has been UP since Apr 22nd, 2024 at 37.65
Smart Scan Analysis for PARMX
Based on our trend formula, PARMX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 38.30 | 38.30 | 38.30 | 37.97 | -0.21 |
| Prev. Close | Volume | Bid | Ask | Time |
| 38.09 | 0 | 38.09 | 38.09 | 2024-04-24 18:25:00 |
| 52wk High | 40.36 | 52wk High Date | 2024-03-28 |
| 52wk Low | 31.58 | 52wk Low Date | 2023-10-27 |
| Year End Close | 37.25 | Payment Date | 2019-12-27 |