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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 2024-09-11 View latest technical analysis

10 day averaged volume of Par Drugs is 38723

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	237.30	235.90	245.50	235.10	0.372 times
10 Tue Sep 2024	237.45	235.30	240.00	232.00	0.355 times
09 Mon Sep 2024	237.05	240.20	241.95	235.00	0.394 times
06 Fri Sep 2024	237.20	240.60	253.00	235.55	0.993 times
05 Thu Sep 2024	239.30	241.50	245.65	237.15	0.264 times
04 Wed Sep 2024	240.25	242.80	245.95	237.25	0.301 times
03 Tue Sep 2024	246.50	254.70	254.70	245.00	0.237 times
02 Mon Sep 2024	249.20	259.00	260.00	247.00	0.384 times
30 Fri Aug 2024	253.19	256.99	263.00	245.99	0.636 times
29 Thu Aug 2024	256.68	259.00	263.50	253.00	1.794 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 234.1 as stoploss in an intra day buy trade for a target of 240.93. However, stock will show a bearish move below 234.1.

Share price targets for Par Drugs (PAR)

Target Type	Value
Downside Target	210.00
Downside Target	220.00
Downside Target	225.00
Downside Target	232.00
Upside Target	245.50
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	231.03
Downside Intraday Target	224.77
Upside Intraday Target	244.53
Upside Intraday Target	251.77
Upside Intraday Target	238.27

Weekly technical analysis of Par Drugs (PAR)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	237.30	240.20	245.50	232.00	0.514 times
06 Fri Sep 2024	237.20	259.00	260.00	235.55	0.209 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

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
11 Wed Sep 2024	237.30	259.00	260.00	232.00	0.182 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 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 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 mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL signal for Par Drugs in short term but the sell signal is initial and weak.

Par Drugs Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 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 246.53 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 negative.

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