(TorrentPhar) Torrent Phar complete technical analysis [charts+indicators] | Buy/Sell Torrent Phar | (TorrentPhar) share price targets
Complete technical analysis of Torrent Phar (TorrentPhar) by charts plus indicators, forecast predictions and share price targets for Torrent Phar (TorrentPhar)
Showing technical analysis as on 2022-05-05 View latest technical analysis
10 day averaged volume of Torrent Phar is 11650
|Date||Daily Closing Price||Open||High||Low||Volume|
|05 Thu May 2022||2680.95||2715.95||2725.70||2667.55||0.094 times|
|04 Wed May 2022||2691.10||2791.25||2798.25||2682.15||6.587 times|
|02 Mon May 2022||2791.40||2814.50||2826.40||2753.15||0.139 times|
|29 Fri Apr 2022||2807.85||2783.30||2836.25||2767.00||1.129 times|
|28 Thu Apr 2022||2784.25||2735.55||2792.95||2725.30||0.161 times|
|27 Wed Apr 2022||2710.80||2720.35||2731.70||2691.00||0.081 times|
|26 Tue Apr 2022||2734.75||2760.10||2766.00||2699.45||0.103 times|
|25 Mon Apr 2022||2729.00||2734.60||2758.85||2708.20||0.117 times|
|22 Fri Apr 2022||2734.60||2816.40||2816.40||2713.00||0.34 times|
|21 Thu Apr 2022||2828.20||2870.40||2890.25||2823.75||0.155 times|
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2660.6, for a target of 2725.2 or 2779.04
Share price targets for Torrent Phar (TorrentPhar)
Intraday share price targets for Torrent Phar (TorrentPhar)
|Downside Intraday Target||2623.53|
|Downside Intraday Target||2566.12|
|Upside Intraday Target||2782.38|
|Upside Intraday Target||2883.82|
|Upside Intraday Target||2724.97|
Weekly technical analysis of Torrent Phar (TorrentPhar)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|05 Thu May 2022||2680.95||2814.50||2826.40||2667.55||4.29 times|
|29 Fri Apr 2022||2807.85||2734.60||2836.25||2691.00||0.762 times|
|22 Fri Apr 2022||2734.60||2832.15||2904.55||2713.00||1.766 times|
|13 Wed Apr 2022||2847.10||2834.40||2874.40||2775.00||0.804 times|
|08 Fri Apr 2022||2800.30||2796.80||2839.05||2718.75||1.685 times|
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Torrent Phar (TorrentPhar)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|05 Thu May 2022||2680.95||2814.50||2826.40||2667.55||1.053 times|
|29 Fri Apr 2022||2807.85||2799.20||2904.55||2691.00||1.202 times|
|31 Thu Mar 2022||2796.30||2720.00||2985.65||2651.90||0.581 times|
|28 Mon Feb 2022||2756.90||2660.55||2775.00||2540.00||0.56 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 Torrent Phar (TorrentPhar)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||17, 26, 21||Sell|
Price action analysis of Torrent Phar ( (TorrentPhar) ) based on a short 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 Torrent Phar ( (TorrentPhar) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Torrent Phar ( (TorrentPhar) ) 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 Torrent Phar ( (TorrentPhar) ) 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 Torrent Phar stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Torrent Phar in short term and the sell signal is strong.
Torrent Phar 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 coming down
CCI has generated a SELL signal for Torrent Phar in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Torrent Phar is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2714.25 and Torrent Phar (TorrentPhar) 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 Torrent Phar (TorrentPhar) stock. Volume based technical analysis of Torrent Phar (TorrentPhar) stock is negative.
Torrent Phar 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.