(PAR) Par Drugs complete technical analysis [charts+indicators] | Buy/Sell Par Drugs | (PAR) share price targets
Complete technical analysis of Par Drugs (PAR) by charts plus indicators, forecast predictions and share price targets for Par Drugs (PAR)
10 day averaged volume of Par Drugs is 27851
Date | Daily Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 261.85 | 267.00 | 269.00 | 258.00 | 0.499 times |
16 Thu May 2024 | 263.55 | 256.45 | 265.00 | 254.95 | 0.748 times |
15 Wed May 2024 | 253.05 | 251.00 | 255.00 | 249.00 | 0.642 times |
14 Tue May 2024 | 250.60 | 252.00 | 254.70 | 246.30 | 0.493 times |
13 Mon May 2024 | 246.80 | 261.00 | 261.00 | 245.00 | 1.118 times |
My analysis of stock is bearish for shortterm, and stock might move down till 254.9 or till 241.5. Use a stoploss of 266.1 and if the stock hits stoploss, then it can shoot up till 277.3
Share price targets for Par Drugs (PAR)
Target Type | Value |
Downside Target | 190.15 |
Downside Target | 200.00 |
Downside Target | 215.00 |
Downside Target | 219.50 |
Downside Target | 230.00 |
Downside Target | 235.00 |
Downside Target | 245.00 |
Downside Target | 257.05 |
Upside Target | 263.00 |
Upside Target | 269.00 |
Upside Target | 280.00 |
Upside Target | 282.60 |
Upside Target | 294.95 |
Upside Target | 325.00 |
Intraday share price targets for Par Drugs (PAR)
Target Type | Value |
Downside Intraday Target | 248.23 |
Downside Intraday Target | 234.62 |
Upside Intraday Target | 272.23 |
Upside Intraday Target | 282.62 |
Downside Intraday Target | 258.62 |
Weekly technical analysis of Par Drugs (PAR)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 261.85 | 261.00 | 269.00 | 245.00 | 0.538 times |
10 Fri May 2024 | 257.15 | 280.00 | 280.00 | 247.40 | 0.867 times |
03 Fri May 2024 | 274.85 | 266.85 | 282.60 | 257.05 | 0.546 times |
26 Fri Apr 2024 | 264.90 | 292.00 | 294.95 | 263.00 | 0.132 times |
19 Fri Apr 2024 | 278.60 | 236.00 | 325.00 | 230.00 | 10.154 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 Par Drugs (PAR)
Date | Monthly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 261.85 | 269.50 | 282.60 | 245.00 | 0.096 times |
30 Tue Apr 2024 | 269.50 | 218.00 | 325.00 | 215.00 | 7.088 times |
28 Thu Mar 2024 | 215.45 | 207.70 | 219.50 | 200.00 | 0.884 times |
29 Thu Feb 2024 | 207.70 | 205.65 | 235.00 | 190.15 | 1.378 times |
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 Par Drugs (PAR)
Indicator Name | Indicator Value | Indicator Signal |
ADX | 25, 12, 33 | Buy |
MACD | 9, 11 | Sell |
Stochastics | 40 | None |
CCI | 53 | Buy |
RSI | 58 | Buy |
OBV | 1619078 | Sell |
VWAP | 257 | Buy |
ADL | 0 | Sell |
ROC | -5 | Sell |
Force Index | 0 | Sell |
Price action analysis of Par Drugs ( (PAR) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Par Drugs ( (PAR) ) 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 Par Drugs ( (PAR) ) 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 Par Drugs ( (PAR) ) 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 Par Drugs stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Par Drugs in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Par Drugs 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Par Drugs in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 Par Drugs is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 256.75 and Par Drugs (PAR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Par Drugs (PAR) stock. Volume based technical analysis of Par Drugs (PAR) stock is negative.
Par Drugs Stock has given negative 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.
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