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(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 2024-06-19 View latest technical analysis

10 day averaged volume of Par Drugs is 18680

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	224.35	229.90	229.90	218.90	2.115 times
18 Tue Jun 2024	226.23	227.80	227.80	221.65	1.414 times
14 Fri Jun 2024	224.42	224.65	229.79	223.75	0.745 times
13 Thu Jun 2024	224.98	233.31	233.31	223.86	1.119 times
12 Wed Jun 2024	229.42	236.98	239.00	228.90	0.813 times
11 Tue Jun 2024	230.39	237.70	239.00	227.21	1.08 times
10 Mon Jun 2024	231.46	232.90	237.55	229.71	0.85 times
07 Fri Jun 2024	229.70	229.90	234.40	225.00	1.322 times
06 Thu Jun 2024	228.00	230.90	230.90	220.45	0.742 times
05 Wed Jun 2024	224.80	224.90	226.85	210.75	0.525 times

Stock of Par Drugs (PAR) 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 221.6 as stoploss in an intra day buy trade for a target of 228.96. However, stock will show a bearish move below 221.6.

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
Upside Target	229.90
Upside Target	235.00
Upside Target	238.00
Upside Target	239.00
Upside Target	264.90
Upside Target	282.60
Upside Target	325.00

Intraday share price targets for Par Drugs (PAR)

Target Type	Value
Downside Intraday Target	218.87
Downside Intraday Target	213.38
Upside Intraday Target	229.87
Upside Intraday Target	235.38
Upside Intraday Target	224.38

Weekly technical analysis of Par Drugs (PAR)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	224.35	227.80	229.90	218.90	0.766 times
14 Fri Jun 2024	224.42	232.90	239.00	223.75	0.883 times
07 Fri Jun 2024	229.70	232.80	234.40	210.00	1.468 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

Price has moved down 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
19 Wed Jun 2024	224.35	232.80	239.00	210.00	0.428 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Par Drugs ( (PAR) ) based on a mid to longer 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

ADX buy sell signal for Par Drugs stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Par Drugs 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.

Par 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 tired and bears are picking up momentum.

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 Par Drugs in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 227.16 and Par Drugs (PAR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.