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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 2024-05-13 View latest technical analysis

10 day averaged volume of Taro Pharmaceutical is 25290

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon May 2024	42.19	42.41	42.41	42.17	0.981 times
10 Fri May 2024	42.30	42.27	42.32	42.24	0.597 times
09 Thu May 2024	42.41	42.34	42.41	42.34	0.878 times
08 Wed May 2024	42.28	42.35	42.68	42.28	0.783 times
07 Tue May 2024	42.42	42.70	42.70	42.42	0.565 times
06 Mon May 2024	42.48	42.41	42.55	42.32	0.463 times
03 Fri May 2024	42.45	42.48	42.62	42.34	0.977 times
02 Thu May 2024	42.51	42.48	42.56	42.29	1.072 times
01 Wed May 2024	42.39	42.60	42.67	42.24	1.423 times
30 Tue Apr 2024	42.48	42.25	42.57	42.23	0.989 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.2, but if it comes above 42.2, then a intra day buy could be more profitable.
If you take a sell trade below 42.2, then use 42.2 as stoploss and 42 as target. However if you take a buy trade in stock , then use 42.2 as stoploss and 42.33 as target.

Share price targets for Taro Pharmaceutical (TARO)

Target Type	Value
Downside Target	40.45
Downside Target	41.85
Upside Target	42.44
Upside Target	42.48
Upside Target	42.49
Upside Target	42.57
Upside Target	42.67
Upside Target	42.70
Upside Target	43.13
Upside Target	45.76

Intraday share price targets for Taro Pharmaceutical (TARO)

Target Type	Value
Downside Intraday Target	42.1
Downside Intraday Target	42.02
Upside Intraday Target	42.34
Upside Intraday Target	42.5
Upside Intraday Target	42.26

Weekly technical analysis of Taro Pharmaceutical (TARO)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon May 2024	42.19	42.41	42.41	42.17	0.298 times
10 Fri May 2024	42.30	42.41	42.70	42.24	0.489 times
03 Fri May 2024	42.45	42.21	42.67	42.06	1.486 times
26 Fri Apr 2024	42.40	42.34	42.49	42.13	1.135 times
19 Fri Apr 2024	42.25	42.12	42.48	42.03	0.795 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 Taro Pharmaceutical (TARO)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Mon May 2024	42.19	42.60	42.70	42.17	0.327 times
30 Tue Apr 2024	42.48	42.30	42.57	41.85	0.712 times
28 Thu Mar 2024	42.34	42.00	42.44	40.45	0.658 times
29 Thu Feb 2024	42.07	43.13	43.13	41.92	1.127 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 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 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 SELL. 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 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 green color and prices are in or below the green cloud Prices appear to be coming down

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 positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.39 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 negative.

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