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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 2024-05-31 View latest technical analysis

10 day averaged volume of Persistent Systems is 440148

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	3410.50	3531.00	3544.95	3400.00	2.042 times
30 Thu May 2024	3517.05	3640.00	3640.00	3501.10	0.895 times
29 Wed May 2024	3649.85	3685.00	3700.00	3622.75	0.578 times
28 Tue May 2024	3690.65	3750.00	3796.95	3672.75	0.967 times
27 Mon May 2024	3736.70	3585.00	3784.40	3560.00	3.536 times
24 Fri May 2024	3555.20	3575.00	3588.65	3527.05	0.419 times
23 Thu May 2024	3568.40	3510.10	3587.00	3500.00	0.814 times
22 Wed May 2024	3499.30	3510.00	3534.00	3489.50	0.798 times
21 Tue May 2024	3513.90	3527.00	3527.30	3465.50	1.188 times
18 Sat May 2024	3527.30	3543.95	3555.05	3510.00	0.054 times

Stock of Persistent Systems (PERSISTENT) 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3388.1 as stoploss in an intra day buy trade for a target of 3495.51. However, stock will show a bearish move below 3388.1.

Share price targets for Persistent Systems (PERSISTENT)

Target Type	Value
Downside Target	3254.00
Upside Target	3559.75
Upside Target	3796.95
Upside Target	3947.45
Upside Target	4085.05
Upside Target	7160.35
Upside Target	8203.10
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	3274.68
Downside Intraday Target	3138.87
Upside Intraday Target	3671.63
Upside Intraday Target	3932.77
Upside Intraday Target	3535.82

Weekly technical analysis of Persistent Systems (PERSISTENT)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	3410.50	3585.00	3796.95	3400.00	2.49 times
24 Fri May 2024	3555.20	3527.00	3588.65	3465.50	0.593 times
18 Sat May 2024	3527.30	3352.00	3559.75	3271.40	1.378 times
10 Fri May 2024	3367.50	3371.00	3434.40	3254.00	0.809 times
03 Fri May 2024	3366.85	3402.10	3445.35	3341.00	0.272 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 Persistent Systems (PERSISTENT)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	3410.50	3400.00	3796.95	3254.00	0.653 times
30 Tue Apr 2024	3368.60	4069.90	4085.05	3316.00	2.666 times
28 Thu Mar 2024	3984.55	8630.40	8727.10	3947.45	1.179 times
29 Thu Feb 2024	8630.35	8425.00	8900.00	8203.10	0.636 times

Scroll below to view daily charts

Price has moved up 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 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 Persistent Systems ( (PERSISTENT) ) based on a short 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.

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

MACD generated a BUY signal for Persistent Systems in short term but the buy signal is initial and weak.

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 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 SELL signal for Persistent Systems in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Persistent Systems is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3591.8 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.