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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 2024-06-12 View latest technical analysis

10 day averaged volume of Par Drugs is 16654

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	229.42	236.98	239.00	228.90	0.912 times
11 Tue Jun 2024	230.39	237.70	239.00	227.21	1.211 times
10 Mon Jun 2024	231.46	232.90	237.55	229.71	0.954 times
07 Fri Jun 2024	229.70	229.90	234.40	225.00	1.483 times
06 Thu Jun 2024	228.00	230.90	230.90	220.45	0.832 times
05 Wed Jun 2024	224.80	224.90	226.85	210.75	0.589 times
04 Tue Jun 2024	217.90	217.25	222.40	210.00	1.558 times
03 Mon Jun 2024	222.35	232.80	232.80	219.95	1.391 times
31 Fri May 2024	224.30	227.75	234.40	220.40	0.565 times
30 Thu May 2024	225.10	233.50	236.00	224.00	0.746 times

My analysis of stock is bearish for shortterm, and stock might move down till 221.9 or till 205.1. Use a stoploss of 235.93 and if the stock hits stoploss, then it can shoot up till 249.96

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
Downside Target	227.21
Upside Target	239.00
Upside Target	245.00
Upside Target	264.90
Upside Target	270.00
Upside Target	282.60
Upside Target	325.00

Intraday share price targets for Par Drugs (PAR)

Target Type	Value
Downside Intraday Target	224.75
Downside Intraday Target	220.09
Upside Intraday Target	236.54
Upside Intraday Target	243.67
Upside Intraday Target	231.88

Weekly technical analysis of Par Drugs (PAR)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	229.42	232.90	239.00	227.21	0.526 times
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

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
12 Wed Jun 2024	229.42	232.80	239.00	210.00	0.255 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 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 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 BUY signal for Par Drugs in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Par Drugs Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

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 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 226.07 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.