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

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

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

Showing technical analysis as on 2024-06-05 View latest technical analysis

10 day averaged volume of Par Drugs is 19625

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	224.80	224.90	226.85	210.75	0.5 times
04 Tue Jun 2024	217.90	217.25	222.40	210.00	1.322 times
03 Mon Jun 2024	222.35	232.80	232.80	219.95	1.181 times
31 Fri May 2024	224.30	227.75	234.40	220.40	0.48 times
30 Thu May 2024	225.10	233.50	236.00	224.00	0.633 times
29 Wed May 2024	232.80	223.10	234.95	221.95	0.569 times
28 Tue May 2024	223.10	226.25	232.00	220.35	1.051 times
27 Mon May 2024	230.65	235.40	238.00	229.00	0.651 times
24 Fri May 2024	233.75	244.80	244.95	230.30	2.218 times
23 Thu May 2024	244.75	254.70	257.00	236.95	1.012 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 226.5, but if it comes above 226.5, then a intra day buy could be more profitable.
If you take a sell trade below 226.5, then use 226.5 as stoploss and 208.6 as target. However if you take a buy trade in stock , then use 226.5 as stoploss and 241.45 as target.

Share price targets for Par Drugs (PAR)

Target Type	Value
Downside Target	190.15
Downside Target	200.00
Downside Target	210.00
Downside Target	215.00
Downside Target	219.50
Upside Target	230.30
Upside Target	245.00
Upside Target	247.40
Upside Target	264.90
Upside Target	270.00
Upside Target	280.00
Upside Target	282.60
Upside Target	325.00

Intraday share price targets for Par Drugs (PAR)

Target Type	Value
Downside Intraday Target	212.27
Downside Intraday Target	199.73
Upside Intraday Target	235.07
Upside Intraday Target	245.33
Downside Intraday Target	222.53

Weekly technical analysis of Par Drugs (PAR)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	224.80	232.80	232.80	210.00	0.887 times
31 Fri May 2024	224.30	235.40	238.00	220.35	0.637 times
24 Fri May 2024	233.75	263.00	264.90	230.30	0.967 times
18 Sat May 2024	261.00	261.00	270.00	245.00	0.595 times
10 Fri May 2024	257.15	280.00	280.00	247.40	0.867 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 Par Drugs (PAR)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	224.80	232.80	232.80	210.00	0.101 times
31 Fri May 2024	224.30	269.50	282.60	220.35	0.14 times
30 Tue Apr 2024	269.50	218.00	325.00	215.00	7.088 times
28 Thu Mar 2024	215.45	207.70	219.50	200.00	0.884 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 Par Drugs (PAR)

Price action analysis of Par Drugs ( (PAR) ) 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 Par Drugs ( (PAR) ) 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 Par Drugs ( (PAR) ) 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 Par Drugs stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Par Drugs in short term and the sell signal is strong.

Par 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 Par 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

Stock of Par Drugs is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 228.39 and Par Drugs (PAR) 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 Par Drugs (PAR) stock. Volume based technical analysis of Par Drugs (PAR) stock is negative.

Par 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.