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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 2024-06-07 View latest technical analysis

10 day averaged volume of Par Drugs is 18273

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	229.70	229.90	234.40	225.00	1.352 times
06 Thu Jun 2024	228.00	230.90	230.90	220.45	0.758 times
05 Wed Jun 2024	224.80	224.90	226.85	210.75	0.536 times
04 Tue Jun 2024	217.90	217.25	222.40	210.00	1.42 times
03 Mon Jun 2024	222.35	232.80	232.80	219.95	1.268 times
31 Fri May 2024	224.30	227.75	234.40	220.40	0.515 times
30 Thu May 2024	225.10	233.50	236.00	224.00	0.68 times
29 Wed May 2024	232.80	223.10	234.95	221.95	0.611 times
28 Tue May 2024	223.10	226.25	232.00	220.35	1.129 times
27 Mon May 2024	230.65	235.40	238.00	229.00	0.699 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 224.2 as stoploss in an intra day buy trade for a target of 238.89. However, stock will show a bearish move below 224.2.

Share price targets for Par Drugs (PAR)

Target Type	Value
Downside Target	190.15
Downside Target	200.00
Downside Target	210.00
Downside Target	215.00
Downside Target	219.50
Upside Target	230.30
Upside Target	245.00
Upside Target	247.40
Upside Target	264.90
Upside Target	270.00
Upside Target	280.00
Upside Target	282.60
Upside Target	325.00

Intraday share price targets for Par Drugs (PAR)

Target Type	Value
Downside Intraday Target	215
Downside Intraday Target	200.3
Upside Intraday Target	239.4
Upside Intraday Target	249.1
Downside Intraday Target	224.7

Weekly technical analysis of Par Drugs (PAR)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	229.70	232.80	234.40	210.00	1.468 times
31 Fri May 2024	224.30	235.40	238.00	220.35	0.637 times
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

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
07 Fri Jun 2024	229.70	232.80	234.40	210.00	0.167 times
31 Fri May 2024	224.30	269.50	282.60	220.35	0.14 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

Scroll below to view daily charts

Price has moved up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak and stock is losing momentum.

MACD generated a SELL signal for Par Drugs in short term and the sell 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 stronger in this stock.

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 and BUY 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 225.15 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 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.