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

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

10 day averaged volume of Aarey Drugs is 24937

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 50.85 50.60 52.50 50.50 1.03 times
16 Thu May 2024 51.15 53.25 53.25 50.35 0.57 times
15 Wed May 2024 51.75 53.00 53.30 51.05 0.847 times
14 Tue May 2024 51.00 48.15 51.00 48.15 1.279 times
13 Mon May 2024 48.60 49.80 49.80 47.40 1.67 times

My analysis of stock is bearish for shortterm, and stock might move down till 49.1 or till 46.2. Use a stoploss of 51.46 and if the stock hits stoploss, then it can shoot up till 53.86

Share price targets for Aarey Drugs (AAREYDRUGS_BE)

Target Type Value
Downside Target 37.35
Downside Target 44.05
Downside Target 47.40
Downside Target 49.00
Upside Target 51.95
Upside Target 53.30
Upside Target 53.85
Upside Target 55.55
Upside Target 55.90
Upside Target 56.00
Upside Target 56.20
Upside Target 61.90

Intraday share price targets for Aarey Drugs (AAREYDRUGS_BE)

Target Type Value
Downside Intraday Target 47.73
Downside Intraday Target 44.62
Upside Intraday Target 53.63
Upside Intraday Target 56.42
Downside Intraday Target 50.52

Weekly technical analysis of Aarey Drugs (AAREYDRUGS_BE)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 50.85 49.80 53.30 47.40 1.171 times
10 Fri May 2024 49.80 54.50 56.00 48.00 0.424 times
03 Fri May 2024 55.05 55.20 56.20 51.95 0.675 times
26 Fri Apr 2024 54.40 47.05 55.55 45.15 3.61 times
19 Fri Apr 2024 47.10 48.20 49.00 45.95 0.806 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 Aarey Drugs (AAREYDRUGS_BE)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 50.85 53.90 56.20 47.40 0.536 times
30 Tue Apr 2024 52.30 45.80 55.90 44.05 1.358 times
28 Thu Mar 2024 43.65 46.90 47.50 37.35 0.821 times
29 Thu Feb 2024 45.50 53.70 53.85 44.50 1.023 times

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 Aarey Drugs (AAREYDRUGS_BE)

Indicator Name Indicator Value Indicator Signal
ADX 19, 18, 3 Buy
MACD 2, 2Sell
Stochastics 44None
CCI -13Sell
RSI 61Buy
OBV 369021Sell
VWAP 51Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Aarey Drugs ( (AAREYDRUGS_BE) ) based on a short 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.

Price action analysis of Aarey Drugs ( (AAREYDRUGS_BE) ) 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 Aarey Drugs ( (AAREYDRUGS_BE) ) based on a short to mid 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

Price action analysis of Aarey Drugs ( (AAREYDRUGS_BE) ) 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 Aarey Drugs stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Aarey 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Aarey 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Aarey 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 51.39 and Aarey Drugs (AAREYDRUGS_BE) 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 Aarey Drugs (AAREYDRUGS_BE) stock. Volume based technical analysis of Aarey Drugs (AAREYDRUGS_BE) stock is negative.

Aarey 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.

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