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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 2024-09-02 View latest technical analysis

10 day averaged volume of Par Drugs is 46016

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	249.20	259.00	260.00	247.00	0.323 times
30 Fri Aug 2024	253.19	256.99	263.00	245.99	0.535 times
29 Thu Aug 2024	256.68	259.00	263.50	253.00	1.51 times
28 Wed Aug 2024	252.41	238.79	262.00	235.62	3.906 times
27 Tue Aug 2024	237.57	239.00	240.25	233.00	0.211 times
26 Mon Aug 2024	231.39	244.00	244.00	225.00	2.616 times
23 Fri Aug 2024	236.60	239.80	239.80	235.50	0.121 times
22 Thu Aug 2024	238.57	238.40	243.00	236.16	0.305 times
21 Wed Aug 2024	239.79	242.10	246.85	239.00	0.282 times
20 Tue Aug 2024	240.79	239.30	244.88	239.23	0.175 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 246.4, but if it comes below 246.4, then a intra day sell could be more profitable.
If you take a sell trade below 246.4, then use 246.4 as stoploss and 238.26 as target. However if you take a buy trade in stock , then use 246.4 as stoploss and 256.2 as target.

Share price targets for Par Drugs (PAR)

Target Type	Value
Downside Target	210.00
Downside Target	220.00
Downside Target	234.01
Downside Target	240.00
Downside Target	246.85
Upside Target	260.00
Upside Target	262.44
Upside Target	263.50
Upside Target	270.00
Upside Target	282.60

Intraday share price targets for Par Drugs (PAR)

Target Type	Value
Downside Intraday Target	244.13
Downside Intraday Target	239.07
Upside Intraday Target	257.13
Upside Intraday Target	265.07
Upside Intraday Target	252.07

Weekly technical analysis of Par Drugs (PAR)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	249.20	259.00	260.00	247.00	0.037 times
30 Fri Aug 2024	253.19	244.00	263.50	225.00	7.19 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

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
02 Mon Sep 2024	249.20	259.00	260.00	247.00	0.021 times
30 Fri Aug 2024	253.19	237.00	263.50	220.00	1.05 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

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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Par Drugs in short term and the buy signal is strong.

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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Par Drugs in short term but SELL signal is weak.

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 246 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 rising upwards.

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 positive

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