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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 2024-08-07 View latest technical analysis

10 day averaged volume of Par Drugs is 30918

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	233.98	229.70	238.79	229.34	0.193 times
06 Tue Aug 2024	228.53	223.10	234.99	223.10	1.489 times
05 Mon Aug 2024	228.55	222.20	240.00	222.20	1.937 times
02 Fri Aug 2024	236.73	237.90	241.00	229.51	0.311 times
01 Thu Aug 2024	236.66	237.00	244.97	235.00	0.463 times
31 Wed Jul 2024	237.19	246.20	246.20	235.45	0.487 times
30 Tue Jul 2024	242.54	240.00	247.84	240.00	0.34 times
29 Mon Jul 2024	242.86	246.00	248.83	241.50	0.536 times
26 Fri Jul 2024	251.63	270.00	270.00	237.00	1.601 times
25 Thu Jul 2024	253.14	247.70	256.00	245.18	1.934 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 233 as stoploss in an intra day buy trade for a target of 239.19. However, stock will show a bearish move below 233.

Share price targets for Par Drugs (PAR)

Target Type	Value
Downside Target	210.00
Downside Target	215.00
Downside Target	220.35
Downside Target	226.87
Upside Target	244.97
Upside Target	247.00
Upside Target	248.83
Upside Target	262.44
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	224.12
Downside Intraday Target	214.26
Upside Intraday Target	241.92
Upside Intraday Target	249.86
Downside Intraday Target	232.06

Weekly technical analysis of Par Drugs (PAR)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	233.98	222.20	240.00	222.20	1.693 times
02 Fri Aug 2024	236.73	246.00	248.83	229.51	0.3 times
26 Fri Jul 2024	251.63	240.00	270.00	236.50	1.594 times
19 Fri Jul 2024	241.37	232.60	247.00	232.60	1.18 times
12 Fri Jul 2024	231.42	245.90	245.90	226.87	0.789 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Par Drugs (PAR)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	233.98	237.00	244.97	222.20	0.204 times
31 Wed Jul 2024	237.19	248.50	270.00	226.87	1.163 times
28 Fri Jun 2024	246.81	232.80	262.44	210.00	0.984 times
31 Fri May 2024	224.30	269.50	282.60	220.35	0.14 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 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 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 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 240.22 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 positive

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