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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 2024-10-22 View latest technical analysis

10 day averaged volume of Aarey Drugs is 32144

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	61.28	64.67	64.67	60.26	0.947 times
21 Mon Oct 2024	63.41	65.33	66.33	63.02	0.483 times
18 Fri Oct 2024	64.14	65.00	67.00	63.55	1.717 times
17 Thu Oct 2024	66.55	68.00	68.60	66.15	0.285 times
16 Wed Oct 2024	67.31	65.30	70.50	65.30	1.963 times
15 Tue Oct 2024	67.87	66.90	68.00	66.00	1.385 times
14 Mon Oct 2024	65.27	63.00	65.27	63.00	1.122 times
11 Fri Oct 2024	62.17	63.25	63.99	62.00	0.502 times
10 Thu Oct 2024	62.22	64.94	64.94	61.52	0.666 times
09 Wed Oct 2024	62.76	61.52	65.00	61.00	0.721 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 63, but if it comes above 63, then a intra day buy could be more profitable.
If you take a sell trade below 63, then use 63 as stoploss and 59.4 as target. However if you take a buy trade in stock , then use 63 as stoploss and 65.98 as target.

Share price targets for Aarey Drugs (AAREYDRUGS_BE)

Target Type	Value
Downside Target	42.25
Downside Target	45.70
Downside Target	46.66
Downside Target	49.23
Downside Target	54.30
Downside Target	56.20
Downside Target	60.26
Upside Target	63.00
Upside Target	64.55
Upside Target	70.50
Upside Target	71.46
Upside Target	71.90
Upside Target	72.50
Upside Target	74.80

Intraday share price targets for Aarey Drugs (AAREYDRUGS_BE)

Target Type	Value
Downside Intraday Target	58.92
Downside Intraday Target	56.55
Upside Intraday Target	64.99
Upside Intraday Target	68.69
Upside Intraday Target	62.62

Weekly technical analysis of Aarey Drugs (AAREYDRUGS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	61.28	65.33	66.33	60.26	0.221 times
18 Fri Oct 2024	64.14	63.00	70.50	63.00	1.589 times
11 Fri Oct 2024	62.17	65.60	66.30	60.52	0.757 times
04 Fri Oct 2024	66.26	72.49	72.50	64.55	0.614 times
27 Fri Sep 2024	70.84	68.65	71.46	65.81	0.977 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 Tue Oct 2024	61.28	70.88	71.90	60.26	0.484 times
30 Mon Sep 2024	70.88	73.90	74.80	65.37	1.531 times
15 Mon Jul 2024	54.09	48.34	54.30	46.66	1.429 times
28 Fri Jun 2024	46.97	47.75	49.23	42.25	0.706 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

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

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 64.86 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.