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(AAREYDRUGS_BE) Aarey Drugs complete technical analysis [charts+indicators] | Buy/Sell Aarey Drugs | (AAREYDRUGS_BE) share price targets

Complete technical analysis of Aarey Drugs (AAREYDRUGS_BE) by charts plus indicators, forecast predictions and share price targets for Aarey Drugs (AAREYDRUGS_BE)

Showing technical analysis as on 2024-02-19 View latest technical analysis

10 day averaged volume of Aarey Drugs is 41000

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	50.50	49.00	51.45	49.00	1.019 times
16 Fri Feb 2024	50.15	50.50	51.00	49.40	0.449 times
15 Thu Feb 2024	49.30	49.70	49.80	47.75	1.307 times
14 Wed Feb 2024	47.45	45.00	47.45	45.00	0.273 times
13 Tue Feb 2024	45.20	47.60	47.60	45.20	1.166 times
12 Mon Feb 2024	47.55	50.80	50.80	47.00	0.691 times
09 Fri Feb 2024	49.20	49.95	50.00	48.55	0.715 times
08 Thu Feb 2024	48.80	50.00	51.00	48.05	1.661 times
07 Wed Feb 2024	50.00	51.50	51.50	49.50	1.611 times
06 Tue Feb 2024	51.00	52.85	52.85	50.65	0.869 times

My analysis of stock is bearish for shortterm, and stock might move down till 48.5 or till 45.7. Use a stoploss of 50.76 and if the stock hits stoploss, then it can shoot up till 53.07

Share price targets for Aarey Drugs (AAREYDRUGS_BE)

Target Type	Value
Downside Target	40.00
Downside Target	41.50
Downside Target	45.00
Downside Target	48.05
Upside Target	51.00
Upside Target	51.45
Upside Target	51.80
Upside Target	53.50
Upside Target	53.85
Upside Target	55.00
Upside Target	57.90
Upside Target	61.90

Intraday share price targets for Aarey Drugs (AAREYDRUGS_BE)

Target Type	Value
Downside Intraday Target	49.18
Downside Intraday Target	47.87
Upside Intraday Target	51.63
Upside Intraday Target	52.77
Downside Intraday Target	50.32

Weekly technical analysis of Aarey Drugs (AAREYDRUGS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	50.50	49.00	51.45	49.00	0.262 times
16 Fri Feb 2024	50.15	50.80	51.00	45.00	0.636 times
09 Fri Feb 2024	49.20	51.50	53.50	48.05	1.136 times
02 Fri Feb 2024	51.90	52.50	55.00	49.75	0.899 times
25 Thu Jan 2024	51.30	57.90	57.90	49.60	1.211 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 Aarey Drugs (AAREYDRUGS_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	50.50	53.70	53.85	45.00	0.682 times
31 Wed Jan 2024	53.00	59.00	61.90	49.60	1.2 times
29 Fri Dec 2023	50.55	46.50	51.20	42.00	1.011 times
30 Thu Nov 2023	46.55	43.40	51.80	41.50	1.171 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 Aarey Drugs (AAREYDRUGS_BE)

Price action analysis of Aarey Drugs ( (AAREYDRUGS_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Aarey Drugs ( (AAREYDRUGS_BE) ) 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 Aarey Drugs ( (AAREYDRUGS_BE) ) 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 Aarey Drugs stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Aarey Drugs 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.

Aarey 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Aarey Drugs in short term and BUY signal is strong.

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 Aarey 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 48.97 and Aarey Drugs (AAREYDRUGS_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Aarey Drugs (AAREYDRUGS_BE) stock. Volume based technical analysis of Aarey Drugs (AAREYDRUGS_BE) stock is negative.

Aarey Drugs Stock has given negative 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.