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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 2024-12-19 View latest technical analysis

10 day averaged volume of Aarey Drugs is 9856

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	57.97	56.84	57.97	56.84	0.48 times
18 Wed Dec 2024	56.84	56.84	56.84	56.84	1.704 times
17 Tue Dec 2024	58.00	57.82	58.25	57.82	1.679 times
16 Mon Dec 2024	59.00	59.80	59.80	59.00	0.603 times
13 Fri Dec 2024	59.80	59.99	59.99	59.75	0.144 times
12 Thu Dec 2024	60.00	60.80	61.00	60.00	0.655 times
11 Wed Dec 2024	61.00	61.60	61.60	61.00	0.451 times
10 Tue Dec 2024	61.60	62.45	62.45	61.60	0.491 times
09 Mon Dec 2024	61.52	61.14	61.52	61.14	0.596 times
06 Fri Dec 2024	62.00	61.12	62.00	61.12	1.177 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 57 as stoploss in an intra day buy trade for a target of 59.57. However, stock will show a bearish move below 57.

Share price targets for Aarey Drugs (AAREYDRUGS_BE)

Target Type	Value
Downside Target	46.66
Downside Target	53.01
Downside Target	56.30
Upside Target	58.00
Upside Target	59.75
Upside Target	61.07
Upside Target	62.45
Upside Target	65.37
Upside Target	65.50
Upside Target	66.98
Upside Target	71.90
Upside Target	74.80

Intraday share price targets for Aarey Drugs (AAREYDRUGS_BE)

Target Type	Value
Downside Intraday Target	56.61
Downside Intraday Target	55.24
Upside Intraday Target	59.57
Upside Intraday Target	61.16
Upside Intraday Target	58.2

Weekly technical analysis of Aarey Drugs (AAREYDRUGS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	57.97	59.80	59.80	56.84	1.911 times
13 Fri Dec 2024	59.80	61.14	62.45	59.75	0.172 times
06 Fri Dec 2024	62.00	59.05	65.50	58.00	0.697 times
29 Fri Nov 2024	59.74	57.49	61.07	54.00	3.826 times
22 Fri Nov 2024	56.29	57.25	58.33	53.01	0.448 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 Aarey Drugs (AAREYDRUGS_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	57.97	59.05	65.50	56.84	0.455 times
29 Fri Nov 2024	59.74	61.80	66.98	53.01	0.668 times
31 Thu Oct 2024	61.64	70.88	71.90	56.30	0.628 times
30 Mon Sep 2024	70.88	73.90	74.80	65.37	1.531 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 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 short to mid 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 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.

Aarey Drugs 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 Aarey Drugs in short term but BUY 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 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 59.27 and Aarey Drugs (AAREYDRUGS_BE) 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 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 negative.

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