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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 2024-06-21 View latest technical analysis

10 day averaged volume of Par Drugs is 22009

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	223.79	227.46	229.86	221.15	0.733 times
20 Thu Jun 2024	225.91	225.42	233.98	225.00	1.342 times
19 Wed Jun 2024	224.35	229.90	229.90	218.90	1.795 times
18 Tue Jun 2024	226.23	227.80	227.80	221.65	1.2 times
14 Fri Jun 2024	224.42	224.65	229.79	223.75	0.633 times
13 Thu Jun 2024	224.98	233.31	233.31	223.86	0.95 times
12 Wed Jun 2024	229.42	236.98	239.00	228.90	0.69 times
11 Tue Jun 2024	230.39	237.70	239.00	227.21	0.916 times
10 Mon Jun 2024	231.46	232.90	237.55	229.71	0.722 times
07 Fri Jun 2024	229.70	229.90	234.40	225.00	1.122 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 222.8 as stoploss in an intra day buy trade for a target of 226.67. However, stock will show a bearish move below 222.8.

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	230.30
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	217.13
Downside Intraday Target	210.48
Upside Intraday Target	232.21
Upside Intraday Target	240.64
Upside Intraday Target	225.56

Weekly technical analysis of Par Drugs (PAR)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	223.79	227.80	233.98	218.90	1.297 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
21 Fri Jun 2024	223.79	232.80	239.00	210.00	0.507 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 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 Par Drugs (PAR)

Price action analysis of Par Drugs ( (PAR) ) 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 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 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 Par Drugs ( (PAR) ) 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 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. Bears are getting stronger in this stock.

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 226.8 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.