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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 2024-05-22 View latest technical analysis

10 day averaged volume of Taro Pharmaceutical is 18120

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed May 2024	42.78	42.40	42.78	42.40	1.418 times
21 Tue May 2024	42.52	42.55	42.60	42.40	0.966 times
20 Mon May 2024	42.42	42.39	42.50	42.36	0.692 times
17 Fri May 2024	42.30	42.35	42.36	42.14	0.972 times
16 Thu May 2024	42.20	42.24	42.27	42.20	0.948 times
15 Wed May 2024	42.35	42.35	42.36	42.25	0.533 times
14 Tue May 2024	42.33	42.30	42.48	42.25	1.369 times
13 Mon May 2024	42.19	42.41	42.41	42.17	1.369 times
10 Fri May 2024	42.30	42.27	42.32	42.24	0.833 times
09 Thu May 2024	42.41	42.34	42.41	42.34	1.225 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 42.7, for a target of 42.5 or 42.41

Share price targets for Taro Pharmaceutical (TARO)

Target Type	Value
Downside Target	40.45
Downside Target	41.85
Downside Target	42.48
Downside Target	42.49
Downside Target	42.57
Downside Target	42.67
Downside Target	42.70
Downside Target	42.78
Upside Target	43.13
Upside Target	45.76

Intraday share price targets for Taro Pharmaceutical (TARO)

Target Type	Value
Downside Intraday Target	42.5
Downside Intraday Target	42.22
Upside Intraday Target	42.92
Upside Intraday Target	43.06
Downside Intraday Target	42.64

Weekly technical analysis of Taro Pharmaceutical (TARO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed May 2024	42.78	42.39	42.78	42.36	0.593 times
17 Fri May 2024	42.30	42.41	42.48	42.14	1.132 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

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 Wed May 2024	42.78	42.60	42.78	42.14	0.536 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 up 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

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 gaining momentum.

MACD generated a BUY signal for Taro Pharmaceutical in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Taro Pharmaceutical in short term and BUY 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

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 above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.