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(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)

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Par Drugs is 24526

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	206.20	212.80	212.80	202.05	0.086 times
01 Fri Mar 2024	204.10	207.70	209.00	201.15	0.513 times
29 Thu Feb 2024	207.70	204.55	211.00	198.00	0.788 times
28 Wed Feb 2024	205.75	213.00	213.00	203.10	1.018 times
27 Tue Feb 2024	209.65	215.00	217.00	208.95	0.502 times
26 Mon Feb 2024	212.20	215.10	217.00	208.00	0.655 times
23 Fri Feb 2024	213.80	214.90	216.00	208.20	0.487 times
22 Thu Feb 2024	209.95	212.00	216.00	208.00	0.593 times
21 Wed Feb 2024	213.45	215.00	218.00	212.00	0.891 times
20 Tue Feb 2024	213.60	223.80	223.80	211.50	1.106 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 203.3 as stoploss in an intra day buy trade for a target of 209.85. However, stock will show a bearish move below 203.3.

Share price targets for Par Drugs (PAR)

Target Type	Value
Downside Target	190.15
Upside Target	206.35
Upside Target	212.80
Upside Target	215.75
Upside Target	217.00
Upside Target	223.85
Upside Target	230.00
Upside Target	235.00
Upside Target	235.10
Upside Target	248.00

Intraday share price targets for Par Drugs (PAR)

Target Type	Value
Downside Intraday Target	197.13
Downside Intraday Target	188.07
Upside Intraday Target	216.13
Upside Intraday Target	226.07
Upside Intraday Target	207.07

Weekly technical analysis of Par Drugs (PAR)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	206.20	215.10	217.00	198.00	0.546 times
23 Fri Feb 2024	213.80	235.00	235.00	208.00	0.75 times
16 Fri Feb 2024	226.10	200.20	230.00	197.00	1.307 times
09 Fri Feb 2024	209.05	197.15	215.75	190.15	1.995 times
02 Fri Feb 2024	198.85	206.30	211.10	195.55	0.769 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 Par Drugs (PAR)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	206.20	207.70	212.80	201.15	0.022 times
29 Thu Feb 2024	207.70	205.65	235.00	190.15	1.378 times
31 Wed Jan 2024	203.85	218.00	223.85	193.90	1.17 times
29 Fri Dec 2023	215.70	232.35	235.10	206.35	0.551 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 Par Drugs (PAR)

Price action analysis of Par Drugs ( (PAR) ) 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 Par Drugs ( (PAR) ) based on a short to mid 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 mid to longer 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.

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

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

Par 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 Par Drugs in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Par 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 210.1 and Par Drugs (PAR) 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 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 negative.

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