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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 2024-02-26 View latest technical analysis

10 day averaged volume of Taro Pharmaceutical is 54690

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	42.08	42.10	42.15	42.00	1.018 times
23 Fri Feb 2024	42.06	42.17	42.17	42.04	0.728 times
22 Thu Feb 2024	42.13	42.10	42.23	42.00	1.247 times
21 Wed Feb 2024	42.17	42.18	42.23	42.01	1.81 times
20 Tue Feb 2024	42.26	42.23	42.29	42.19	0.313 times
16 Fri Feb 2024	42.18	42.37	42.37	42.18	0.832 times
15 Thu Feb 2024	42.31	42.33	42.40	42.26	0.666 times
14 Wed Feb 2024	42.20	42.45	42.45	42.20	0.633 times
13 Tue Feb 2024	42.28	42.34	42.44	42.20	1.179 times
12 Mon Feb 2024	42.35	42.49	42.56	42.34	1.658 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.1, but if it comes above 42.1, then a intra day buy could be more profitable.
If you take a sell trade below 42.1, then use 42.1 as stoploss and 41.7 as target. However if you take a buy trade in stock , then use 42.1 as stoploss and 42.47 as target.

Share price targets for Taro Pharmaceutical (TARO)

Target Type	Value
Downside Target	32.67
Downside Target	33.88
Downside Target	36.00
Downside Target	37.00
Downside Target	40.67
Downside Target	42.00
Upside Target	42.40
Upside Target	42.56
Upside Target	43.05
Upside Target	43.13
Upside Target	43.40
Upside Target	43.78
Upside Target	45.76

Intraday share price targets for Taro Pharmaceutical (TARO)

Target Type	Value
Downside Intraday Target	42
Downside Intraday Target	41.93
Upside Intraday Target	42.15
Upside Intraday Target	42.23
Downside Intraday Target	42.08

Weekly technical analysis of Taro Pharmaceutical (TARO)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	42.08	42.10	42.15	42.00	0.249 times
23 Fri Feb 2024	42.06	42.23	42.29	42.00	0.825 times
16 Fri Feb 2024	42.18	42.49	42.56	42.18	1.421 times
09 Fri Feb 2024	42.34	42.57	43.05	42.25	1.145 times
02 Fri Feb 2024	42.68	42.89	43.78	42.40	0.392 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
26 Mon Feb 2024	42.08	43.13	43.13	42.00	0.691 times
31 Wed Jan 2024	43.05	41.45	45.76	40.67	1.178 times
29 Fri Dec 2023	41.78	36.00	43.40	36.00	1.715 times
30 Thu Nov 2023	36.00	34.00	37.00	33.88	1.164 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)

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 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 Taro Pharmaceutical stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Taro Pharmaceutical 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Taro Pharmaceutical 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 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 42.21 and Taro Pharmaceutical (TARO) 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 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 positive

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