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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 2024-08-26 View latest technical analysis

10 day averaged volume of Par Drugs is 15274

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	231.39	244.00	244.00	225.00	7.883 times
23 Fri Aug 2024	236.60	239.80	239.80	235.50	0.366 times
22 Thu Aug 2024	238.57	238.40	243.00	236.16	0.918 times
21 Wed Aug 2024	239.79	242.10	246.85	239.00	0.849 times
20 Tue Aug 2024	240.79	239.30	244.88	239.23	0.526 times
19 Mon Aug 2024	238.08	235.15	241.00	234.01	1.019 times
16 Fri Aug 2024	237.65	239.98	249.90	233.89	2.26 times
14 Wed Aug 2024	231.60	232.57	235.59	230.50	0.615 times
13 Tue Aug 2024	232.87	240.00	240.00	230.50	1.554 times
12 Mon Aug 2024	235.22	229.00	238.00	220.00	1.115 times

Stock of Par Drugs (PAR) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 231.4, but if it comes above 231.4, then a intra day buy could be more profitable.
If you take a sell trade below 231.4, then use 231.4 as stoploss and 226.3 as target. However if you take a buy trade in stock , then use 231.4 as stoploss and 235.6 as target.

Share price targets for Par Drugs (PAR)

Target Type	Value
Downside Target	210.00
Downside Target	215.00
Downside Target	220.00
Upside Target	240.00
Upside Target	246.85
Upside Target	248.83
Upside Target	249.90
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	222.93
Downside Intraday Target	214.46
Upside Intraday Target	241.93
Upside Intraday Target	252.46
Upside Intraday Target	233.46

Weekly technical analysis of Par Drugs (PAR)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	231.39	244.00	244.00	225.00	2.143 times
23 Fri Aug 2024	236.60	235.15	246.85	234.01	0.664 times
16 Fri Aug 2024	237.65	229.00	249.90	220.00	0.644 times
09 Fri Aug 2024	229.85	222.20	240.00	222.20	1.99 times
02 Fri Aug 2024	236.73	246.00	248.83	229.51	0.3 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
26 Mon Aug 2024	231.39	237.00	249.90	220.00	0.625 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 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 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 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.

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 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 positive zone. This is a BUY zone

Stock of Par Drugs is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 234.21 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 is giving positive 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.