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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 2024-06-07 View latest technical analysis

10 day averaged volume of Aarey Drugs is 28277

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	45.25	45.95	45.95	43.60	1.058 times
06 Thu Jun 2024	44.60	43.25	44.75	42.25	0.901 times
05 Wed Jun 2024	42.65	43.00	44.00	42.65	0.828 times
04 Tue Jun 2024	44.90	46.40	48.45	44.90	0.525 times
03 Mon Jun 2024	47.25	47.75	47.75	45.85	1.016 times
31 Fri May 2024	45.85	49.10	50.45	45.70	1.735 times
30 Thu May 2024	48.10	50.75	50.75	46.75	0.962 times
29 Wed May 2024	49.00	49.00	49.00	48.50	1.211 times
28 Tue May 2024	49.25	51.30	51.30	49.00	0.605 times
27 Mon May 2024	50.45	50.00	51.80	48.85	1.494 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 46, but if it comes above 46, then a intra day buy could be more profitable.
If you take a sell trade below 46, then use 46 as stoploss and 43 as target. However if you take a buy trade in stock , then use 46 as stoploss and 48.59 as target.

Share price targets for Aarey Drugs (AAREYDRUGS_BE)

Target Type	Value
Downside Target	37.35
Downside Target	42.25
Downside Target	44.05
Upside Target	45.70
Upside Target	47.40
Upside Target	51.80
Upside Target	51.90
Upside Target	53.30
Upside Target	53.85
Upside Target	55.90
Upside Target	56.00
Upside Target	56.20

Intraday share price targets for Aarey Drugs (AAREYDRUGS_BE)

Target Type	Value
Downside Intraday Target	42.18
Downside Intraday Target	39.12
Upside Intraday Target	48.38
Upside Intraday Target	51.52
Upside Intraday Target	45.32

Weekly technical analysis of Aarey Drugs (AAREYDRUGS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	45.25	47.75	48.45	42.25	0.721 times
31 Fri May 2024	45.85	50.00	51.80	45.70	3.116 times
24 Fri May 2024	49.90	51.90	51.90	48.50	0.404 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

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
07 Fri Jun 2024	45.25	47.75	48.45	42.25	0.18 times
31 Fri May 2024	45.85	53.90	56.20	45.70	0.8 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

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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Aarey Drugs stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Aarey Drugs Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Aarey Drugs in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Aarey 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 46.95 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.