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(TARO) Taro Pharmaceutical complete technical analysis [charts+indicators] | Buy/Sell Taro Pharmaceutical | (TARO) share price targets

Complete technical analysis of Taro Pharmaceutical (TARO) by charts plus indicators, forecast predictions and share price targets for Taro Pharmaceutical (TARO)

Taro Pharmaceutical trades in USA in Health Care sector.

Showing technical analysis as on 2022-09-22 View latest technical analysis

10 day averaged volume of Taro Pharmaceutical is 12530

Date Daily Closing Price Open High Low Volume
22 Thu Sep 2022 31.36 29.50 32.43 28.56 1.724 times
21 Wed Sep 2022 29.44 30.72 30.76 28.88 2.362 times
20 Tue Sep 2022 30.37 30.25 31.03 30.01 0.814 times
19 Mon Sep 2022 30.72 31.29 31.50 30.39 0.934 times
16 Fri Sep 2022 31.08 32.30 32.30 31.08 1.133 times
15 Thu Sep 2022 32.56 32.08 33.13 31.71 0.87 times
14 Wed Sep 2022 32.07 31.84 32.50 31.75 1.125 times
13 Tue Sep 2022 31.91 32.83 33.30 31.71 0.503 times
12 Mon Sep 2022 33.29 33.66 34.32 32.78 0.79 times
09 Fri Sep 2022 33.95 31.87 33.95 31.80 0.958 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 31.1 as stoploss in an intra day buy trade for a target of 32.29. However, stock will show a bearish move below 31.1.

Share price targets for Taro Pharmaceutical (TARO)

Target Type Value
Downside Target 28.56
Downside Target 31.08
Upside Target 32.15
Upside Target 33.26
Upside Target 34.32
Upside Target 34.63
Upside Target 35.17
Upside Target 37.76
Upside Target 38.63
Upside Target 39.90
Upside Target 40.16

Intraday share price targets for Taro Pharmaceutical (TARO)

Target Type Value
Downside Intraday Target 29.14
Downside Intraday Target 26.91
Upside Intraday Target 33.01
Upside Intraday Target 34.65
Downside Intraday Target 30.78

Weekly technical analysis of Taro Pharmaceutical (TARO)

Date Weekly Closing Price Open High Low Volume
22 Thu Sep 2022 31.36 31.29 32.43 28.56 1.319 times
16 Fri Sep 2022 31.08 33.66 34.32 31.08 1.256 times
09 Fri Sep 2022 33.95 32.20 33.95 31.31 4.642 times
02 Fri Sep 2022 32.50 32.55 33.26 32.20 1 times
02 Fri Sep 2022 32.50 32.55 33.26 32.20 0.11 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 Taro Pharmaceutical (TARO)

Date Monthly Closing Price Open High Low Volume
22 Thu Sep 2022 31.36 33.66 34.32 28.56 0.498 times
31 Wed Aug 2022 33.66 35.75 37.76 32.15 1.036 times
29 Fri Jul 2022 35.69 35.88 40.16 35.17 0.378 times
30 Thu Jun 2022 36.16 36.55 38.63 34.63 1.612 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 Taro Pharmaceutical (TARO)

Indicator Name Indicator Value Indicator Signal
ADX 21, 24, 7 Sell
MACD -2, -2Sell
Stochastics 22Sell
CCI -59Buy
RSI 54Buy
OBV -133600Sell
VWAP 31Buy
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Taro Pharmaceutical ( (TARO) ) 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 Taro Pharmaceutical ( (TARO) ) 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 Taro Pharmaceutical ( (TARO) ) 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 Taro Pharmaceutical ( (TARO) ) 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 Taro Pharmaceutical stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Taro Pharmaceutical in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Taro Pharmaceutical 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Taro Pharmaceutical in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Taro Pharmaceutical is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 31.35 and Taro Pharmaceutical (TARO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Taro Pharmaceutical (TARO) stock. Volume based technical analysis of Taro Pharmaceutical (TARO) stock is negative.

Taro Pharmaceutical 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.

Daily charts

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Daily chart

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