Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-23 View latest technical analysis

10 day averaged volume of Par Drugs is 340747

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	284.50	288.50	293.00	278.50	0.227 times
22 Mon Apr 2024	285.20	292.00	294.95	283.00	0.514 times
19 Fri Apr 2024	278.60	267.60	325.00	266.00	4.907 times
18 Thu Apr 2024	271.65	285.00	299.00	267.30	0.335 times
16 Tue Apr 2024	282.70	262.50	304.90	260.55	1.659 times
15 Mon Apr 2024	263.75	236.00	289.90	230.00	1.568 times
12 Fri Apr 2024	247.45	246.35	249.80	244.10	0.251 times
10 Wed Apr 2024	246.90	239.00	248.05	239.00	0.178 times
09 Tue Apr 2024	239.75	242.60	247.00	236.60	0.203 times
08 Mon Apr 2024	239.20	240.00	244.40	237.25	0.202 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 268.5, but if it comes below 268.5, then a intra day sell could be more profitable.
If you take a sell trade below 268.5, then use 268.5 as stoploss and 242.75 as target. However if you take a buy trade in stock , then use 268.5 as stoploss and 299.3 as target.

Share price targets for Par Drugs (PAR)

Target Type	Value
Downside Target	190.15
Downside Target	200.00
Downside Target	205.00
Downside Target	215.00
Downside Target	230.00
Downside Target	235.00
Downside Target	236.60
Downside Target	248.50
Downside Target	249.80
Downside Target	278.50
Upside Target	294.95
Upside Target	325.00

Intraday share price targets for Par Drugs (PAR)

Target Type	Value
Downside Intraday Target	277.02
Downside Intraday Target	269.53
Upside Intraday Target	293.47
Upside Intraday Target	302.43
Upside Intraday Target	285.98

Weekly technical analysis of Par Drugs (PAR)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	284.50	292.00	294.95	278.50	0.088 times
19 Fri Apr 2024	278.60	236.00	325.00	230.00	10.154 times
12 Fri Apr 2024	247.45	240.00	249.80	236.60	0.534 times
05 Fri Apr 2024	231.10	218.00	248.50	215.00	4.407 times
28 Thu Mar 2024	215.45	218.00	218.00	205.00	0.792 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
23 Tue Apr 2024	284.50	218.00	325.00	215.00	6.721 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
31 Wed Jan 2024	203.85	218.00	223.85	193.90	1.17 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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 losing momentum.

MACD generated a BUY signal for Par Drugs in short term and the buy signal is strong.

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. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Par Drugs in short term but SELL signal is weak.

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 274.28 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 rising upwards.

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 is giving positive 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.