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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 2024-05-24 View latest technical analysis

10 day averaged volume of Par Drugs is 25420

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri May 2024	233.75	244.80	244.95	230.30	1.712 times
23 Thu May 2024	244.75	254.70	257.00	236.95	0.781 times
22 Wed May 2024	250.80	259.85	259.85	250.10	0.681 times
21 Tue May 2024	252.85	263.00	264.90	250.05	0.926 times
18 Sat May 2024	261.00	270.00	270.00	259.20	0.406 times
17 Fri May 2024	261.85	267.00	269.00	258.00	0.547 times
16 Thu May 2024	263.55	256.45	265.00	254.95	0.82 times
15 Wed May 2024	253.05	251.00	255.00	249.00	0.703 times
14 Tue May 2024	250.60	252.00	254.70	246.30	0.54 times
13 Mon May 2024	246.80	261.00	261.00	245.00	1.225 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 236.4, for a target of 248.1 or 257.96

Share price targets for Par Drugs (PAR)

Target Type	Value
Downside Target	190.15
Downside Target	200.00
Downside Target	215.00
Downside Target	219.50
Downside Target	230.30
Upside Target	235.00
Upside Target	245.00
Upside Target	257.05
Upside Target	263.00
Upside Target	280.00
Upside Target	282.60
Upside Target	294.95
Upside Target	325.00

Intraday share price targets for Par Drugs (PAR)

Target Type	Value
Downside Intraday Target	221.07
Downside Intraday Target	208.38
Upside Intraday Target	255.67
Upside Intraday Target	277.58
Upside Intraday Target	242.98

Weekly technical analysis of Par Drugs (PAR)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri May 2024	233.75	263.00	264.90	230.30	0.967 times
18 Sat May 2024	261.00	261.00	270.00	245.00	0.595 times
10 Fri May 2024	257.15	280.00	280.00	247.40	0.867 times
03 Fri May 2024	274.85	266.85	282.60	257.05	0.546 times
26 Fri Apr 2024	264.90	292.00	294.95	263.00	0.132 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
24 Fri May 2024	233.75	269.50	282.60	230.30	0.124 times
30 Tue Apr 2024	269.50	218.00	325.00	215.00	7.088 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

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 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 Par Drugs ( (PAR) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Par 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Par 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 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 249.02 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.