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(AAREYDRUGS_BE) Aarey Drugs complete technical analysis [charts+indicators] | Buy/Sell Aarey Drugs | (AAREYDRUGS_BE) share price targets

Complete technical analysis of Aarey Drugs (AAREYDRUGS_BE) by charts plus indicators, forecast predictions and share price targets for Aarey Drugs (AAREYDRUGS_BE)

Showing technical analysis as on 2024-05-22 View latest technical analysis

10 day averaged volume of Aarey Drugs is 19387

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed May 2024	50.00	51.80	51.80	48.50	0.431 times
21 Tue May 2024	49.90	51.90	51.90	49.55	0.958 times
18 Sat May 2024	51.00	50.85	51.90	50.00	0.027 times
17 Fri May 2024	50.85	50.60	52.50	50.50	1.324 times
16 Thu May 2024	51.15	53.25	53.25	50.35	0.733 times
15 Wed May 2024	51.75	53.00	53.30	51.05	1.089 times
14 Tue May 2024	51.00	48.15	51.00	48.15	1.645 times
13 Mon May 2024	48.60	49.80	49.80	47.40	2.148 times
10 Fri May 2024	49.80	50.85	51.95	48.00	0.83 times
09 Thu May 2024	50.40	52.00	53.25	49.70	0.539 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.1, but if it comes above 50.1, then a intra day buy could be more profitable.
If you take a sell trade below 50.1, then use 50.1 as stoploss and 47.9 as target. However if you take a buy trade in stock , then use 50.1 as stoploss and 51.89 as target.

Share price targets for Aarey Drugs (AAREYDRUGS_BE)

Target Type	Value
Downside Target	37.35
Downside Target	44.05
Downside Target	47.40
Downside Target	49.60
Upside Target	51.90
Upside Target	53.30
Upside Target	53.85
Upside Target	55.55
Upside Target	55.90
Upside Target	56.00
Upside Target	56.20
Upside Target	61.90

Intraday share price targets for Aarey Drugs (AAREYDRUGS_BE)

Target Type	Value
Downside Intraday Target	48.37
Downside Intraday Target	46.73
Upside Intraday Target	51.77
Upside Intraday Target	53.53
Upside Intraday Target	50.13

Weekly technical analysis of Aarey Drugs (AAREYDRUGS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed May 2024	50.00	51.90	51.90	48.50	0.199 times
18 Sat May 2024	51.00	49.80	53.30	47.40	1.176 times
10 Fri May 2024	49.80	54.50	56.00	48.00	0.424 times
03 Fri May 2024	55.05	55.20	56.20	51.95	0.675 times
26 Fri Apr 2024	54.40	47.05	55.55	45.15	3.61 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 Aarey Drugs (AAREYDRUGS_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Wed May 2024	50.00	53.90	56.20	47.40	0.568 times
30 Tue Apr 2024	52.30	45.80	55.90	44.05	1.358 times
28 Thu Mar 2024	43.65	46.90	47.50	37.35	0.821 times
29 Thu Feb 2024	45.50	53.70	53.85	44.50	1.023 times

Scroll below to view daily charts

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 Aarey Drugs (AAREYDRUGS_BE)

Price action analysis of Aarey Drugs ( (AAREYDRUGS_BE) ) based on a short 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 Aarey Drugs ( (AAREYDRUGS_BE) ) 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 Aarey Drugs ( (AAREYDRUGS_BE) ) 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 Aarey Drugs ( (AAREYDRUGS_BE) ) 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 Aarey Drugs stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Aarey Drugs in short term but the sell signal is initial and weak.

Aarey 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Aarey Drugs in short term and SELL 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

Stock of Aarey Drugs is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 50.26 and Aarey Drugs (AAREYDRUGS_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Aarey Drugs (AAREYDRUGS_BE) stock. Volume based technical analysis of Aarey Drugs (AAREYDRUGS_BE) stock is negative.

Aarey 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.