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 2024-09-19 View latest technical analysis

10 day averaged volume of Par Drugs is 57431

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	234.05	244.00	244.00	233.00	0.531 times
18 Wed Sep 2024	238.85	242.10	247.95	238.00	0.517 times
17 Tue Sep 2024	242.10	246.00	258.90	239.90	0.972 times
16 Mon Sep 2024	246.25	257.15	268.00	241.30	0.828 times
13 Fri Sep 2024	257.15	264.60	264.60	252.35	1.04 times
12 Thu Sep 2024	259.85	238.50	271.95	236.55	5.041 times
11 Wed Sep 2024	237.30	235.90	245.50	235.10	0.251 times
10 Tue Sep 2024	237.45	235.30	240.00	232.00	0.24 times
09 Mon Sep 2024	237.05	240.20	241.95	235.00	0.265 times
06 Fri Sep 2024	237.20	240.60	253.00	235.55	0.669 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 235.2, but if it comes above 235.2, then a intra day buy could be more profitable.
If you take a sell trade below 235.2, then use 235.2 as stoploss and 225.3 as target. However if you take a buy trade in stock , then use 235.2 as stoploss and 243.52 as target.

Share price targets for Par Drugs (PAR)

Target Type	Value
Downside Target	210.00
Downside Target	220.00
Downside Target	225.00
Downside Target	232.00
Upside Target	246.85
Upside Target	260.00
Upside Target	263.50
Upside Target	268.00
Upside Target	270.00
Upside Target	271.95
Upside Target	282.60

Intraday share price targets for Par Drugs (PAR)

Target Type	Value
Downside Intraday Target	222.03
Downside Intraday Target	210.02
Upside Intraday Target	257.03
Upside Intraday Target	280.02
Upside Intraday Target	245.02

Weekly technical analysis of Par Drugs (PAR)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	234.05	257.15	268.00	233.00	0.416 times
13 Fri Sep 2024	257.15	240.20	271.95	232.00	4.654 times
06 Fri Sep 2024	237.20	259.00	260.00	235.55	0.209 times
30 Fri Aug 2024	253.19	244.00	263.50	225.00	7.19 times
23 Fri Aug 2024	236.60	235.15	246.85	234.01	0.664 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 Thu Sep 2024	234.05	259.00	271.95	232.00	0.915 times
30 Fri Aug 2024	253.19	237.00	263.50	220.00	1.05 times
31 Wed Jul 2024	237.19	248.50	270.00	226.87	1.163 times
28 Fri Jun 2024	246.81	232.80	262.44	210.00	0.984 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 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Par Drugs stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Par Drugs Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 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 Par 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 251.34 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 positive

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