Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(PALREDTEC) Palred Technolog complete technical analysis [charts+indicators] | Buy/Sell Palred Technolog | (PALREDTEC) share price targets

Complete technical analysis of Palred Technolog (PALREDTEC) by charts plus indicators, forecast predictions and share price targets for Palred Technolog (PALREDTEC)

Palred Technolog trades in NSE in IT Software Products sector.

Showing technical analysis as on 2024-02-22 View latest technical analysis

10 day averaged volume of Palred Technolog is 65910

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	176.80	176.05	179.90	173.05	0.224 times
21 Wed Feb 2024	175.90	178.00	182.95	175.20	0.273 times
20 Tue Feb 2024	180.70	180.25	182.80	178.45	0.412 times
19 Mon Feb 2024	178.30	179.85	186.35	175.55	0.948 times
16 Fri Feb 2024	174.70	179.20	181.45	173.60	0.462 times
15 Thu Feb 2024	179.20	182.25	186.05	175.05	0.825 times
14 Wed Feb 2024	180.15	180.80	183.65	173.65	0.481 times
13 Tue Feb 2024	180.80	181.85	183.30	172.35	0.528 times
12 Mon Feb 2024	176.60	186.00	194.95	170.55	4.384 times
09 Fri Feb 2024	203.85	203.05	206.70	195.10	1.033 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 179.1, but if it comes above 179.1, then a intra day buy could be more profitable.
If you take a sell trade below 179.1, then use 179.1 as stoploss and 162.7 as target. However if you take a buy trade in stock , then use 179.1 as stoploss and 192.76 as target.

Share price targets for Palred Technolog (PALREDTEC)

Target Type	Value
Downside Target	140.45
Downside Target	146.30
Downside Target	150.85
Downside Target	162.00
Downside Target	170.55
Upside Target	186.35
Upside Target	194.00
Upside Target	196.80
Upside Target	214.70
Upside Target	216.30
Upside Target	217.50
Upside Target	230.00

Intraday share price targets for Palred Technolog (PALREDTEC)

Target Type	Value
Downside Intraday Target	171.12
Downside Intraday Target	165.43
Upside Intraday Target	184.42
Upside Intraday Target	192.03
Upside Intraday Target	178.73

Weekly technical analysis of Palred Technolog (PALREDTEC)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	176.80	179.85	186.35	173.05	0.278 times
16 Fri Feb 2024	174.70	186.00	194.95	170.55	1.233 times
09 Fri Feb 2024	203.85	205.00	216.30	195.10	0.99 times
02 Fri Feb 2024	199.55	203.20	214.70	194.00	1.192 times
25 Thu Jan 2024	204.65	215.50	217.50	196.00	0.211 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 Palred Technolog (PALREDTEC)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	176.80	208.35	216.30	170.55	0.267 times
31 Wed Jan 2024	207.05	192.00	230.00	176.15	1.632 times
29 Fri Dec 2023	189.10	155.55	196.80	150.85	1.765 times
30 Thu Nov 2023	154.80	154.50	174.70	146.30	2.751 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 Palred Technolog (PALREDTEC)

Price action analysis of Palred Technolog ( (PALREDTEC) ) 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 Palred Technolog ( (PALREDTEC) ) 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 Palred Technolog ( (PALREDTEC) ) 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 Palred Technolog stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Palred Technolog in short term and the sell signal is strong.

Palred Technolog 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 SELL signal for Palred Technolog in short term and SELL 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 Palred Technolog is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 180.41 and Palred Technolog (PALREDTEC) 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 Palred Technolog (PALREDTEC) stock. Volume based technical analysis of Palred Technolog (PALREDTEC) stock is negative.

Palred Technolog 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.