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(PERSISTENT) Persistent Systems complete technical analysis [charts+indicators] | Buy/Sell Persistent Systems | (PERSISTENT) share price targets

Complete technical analysis of Persistent Systems (PERSISTENT) by charts plus indicators, forecast predictions and share price targets for Persistent Systems (PERSISTENT)

Persistent Systems trades in NSE in IT Consulting & Software sector.

Showing technical analysis as on 2024-03-21 View latest technical analysis

10 day averaged volume of Persistent Systems is 285433

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	8204.85	8054.95	8248.70	8054.95	0.957 times
20 Wed Mar 2024	8002.45	7982.95	8052.00	7911.00	0.618 times
19 Tue Mar 2024	7979.45	8140.00	8140.00	7945.00	0.986 times
18 Mon Mar 2024	8179.35	8406.00	8422.40	8105.00	1.718 times
15 Fri Mar 2024	8432.45	8282.20	8454.85	8180.00	1.35 times
14 Thu Mar 2024	8308.60	8000.00	8351.75	7926.15	0.788 times
13 Wed Mar 2024	8127.35	8249.00	8315.00	8051.10	0.883 times
12 Tue Mar 2024	8210.80	8237.80	8340.00	8085.00	0.801 times
11 Mon Mar 2024	8234.55	8439.95	8439.95	8194.65	1.15 times
07 Thu Mar 2024	8372.10	8370.00	8419.95	8305.00	0.567 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 8154.3 as stoploss in an intra day buy trade for a target of 8347.33. However, stock will show a bearish move below 8154.3.

Share price targets for Persistent Systems (PERSISTENT)

Target Type	Value
Downside Target	6127.60
Downside Target	6270.80
Downside Target	6624.65
Downside Target	7160.35
Downside Target	7560.00
Downside Target	7911.00
Downside Target	8203.10
Upside Target	8598.00
Upside Target	8727.10
Upside Target	8830.00
Upside Target	8900.00

Intraday share price targets for Persistent Systems (PERSISTENT)

Target Type	Value
Downside Intraday Target	7936.43
Downside Intraday Target	7668.02
Upside Intraday Target	8447.83
Upside Intraday Target	8690.82
Downside Intraday Target	8179.42

Weekly technical analysis of Persistent Systems (PERSISTENT)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	8204.85	8406.00	8422.40	7911.00	0.861 times
15 Fri Mar 2024	8432.45	8439.95	8454.85	7926.15	1.402 times
07 Thu Mar 2024	8372.10	8575.00	8598.00	8025.10	0.656 times
02 Sat Mar 2024	8575.85	8650.00	8727.10	8300.05	1.65 times
23 Fri Feb 2024	8652.30	8900.00	8900.00	8490.00	0.72 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 Persistent Systems (PERSISTENT)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	8204.85	8630.40	8727.10	7911.00	0.807 times
29 Thu Feb 2024	8630.35	8425.00	8900.00	8203.10	0.636 times
31 Wed Jan 2024	8353.15	7425.00	8830.00	7160.35	0.902 times
29 Fri Dec 2023	7389.40	6445.00	7560.00	6270.80	0.559 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 Persistent Systems (PERSISTENT)

Price action analysis of Persistent Systems ( (PERSISTENT) ) 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 Persistent Systems ( (PERSISTENT) ) based on a short 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 Persistent Systems ( (PERSISTENT) ) 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 Persistent Systems ( (PERSISTENT) ) 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 Persistent Systems stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Persistent Systems in short term and the sell signal is strong.

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

Persistent Systems 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 Persistent Systems in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 Persistent Systems is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8211.28 and Persistent Systems (PERSISTENT) 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 Persistent Systems (PERSISTENT) stock. Volume based technical analysis of Persistent Systems (PERSISTENT) stock is negative.

Persistent Systems 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.