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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 2024-06-21 View latest technical analysis

10 day averaged volume of Taro Pharmaceutical is 63230

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	42.97	42.97	42.98	42.89	3.829 times
20 Thu Jun 2024	42.97	42.85	43.03	42.85	6.492 times
18 Tue Jun 2024	42.81	42.81	42.81	42.74	0.343 times
18 Tue Jun 2024	42.81	42.81	42.81	42.74	0.343 times
17 Mon Jun 2024	42.80	42.76	42.81	42.66	0.316 times
14 Fri Jun 2024	42.73	42.71	42.77	42.65	0.511 times
13 Thu Jun 2024	42.74	42.69	42.77	42.69	0.468 times
12 Wed Jun 2024	42.73	42.86	42.86	42.73	0.421 times
11 Tue Jun 2024	42.76	42.69	42.80	42.69	0.335 times
10 Mon Jun 2024	42.76	42.74	42.79	42.73	0.275 times

Stock of Taro Pharmaceutical (TARO) has showed a significant fall. This could be a good time to exit from this stock.

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 43, for a target of 42.9 or 42.77

Share price targets for Taro Pharmaceutical (TARO)

Target Type	Value
Downside Target	40.45
Downside Target	41.85
Downside Target	42.74
Downside Target	42.81
Downside Target	42.82
Downside Target	42.86
Upside Target	43.03
Upside Target	43.13

Intraday share price targets for Taro Pharmaceutical (TARO)

Target Type	Value
Downside Intraday Target	42.8
Downside Intraday Target	42.62
Upside Intraday Target	43.09
Upside Intraday Target	43.2
Downside Intraday Target	42.91

Weekly technical analysis of Taro Pharmaceutical (TARO)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	42.97	42.81	43.03	42.74	16.17 times
18 Tue Jun 2024	42.81	42.76	42.81	42.66	0.328 times
14 Fri Jun 2024	42.73	42.74	42.86	42.65	0.934 times
07 Fri Jun 2024	42.77	42.82	42.86	42.69	0.76 times
31 Fri May 2024	42.82	42.64	42.82	42.41	1.232 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Taro Pharmaceutical (TARO)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	42.97	42.82	43.03	42.65	1.662 times
31 Fri May 2024	42.82	42.60	42.82	42.14	0.984 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Weak and stock is losing 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 coming down

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

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 42.92 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.