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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Taro Pharmaceutical Industries Ltd. Ordinary Shares (NYSE:TARO)
Sidelines Mode (+55) - TARO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TARO?
MarketClub looks at technical strength and momentum to determine if the timing is right for TARO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TARO
The long-term trend has been UP since Dec 12th, 2023 at 40.21
The intermediate-term trend has been DOWN since Apr 5th, 2024 at 41.91
The short-term trend has been UP since Apr 15th, 2024 at 42.22
Smart Scan Analysis for TARO
Based on our trend formula, TARO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42.150 | 42.225 | 42.140 | 42.210 | -0.020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.230 | 5570 | 2024-04-24 13:53:07 |
| Year High | 121.23 | Year High Date | 2018-06-05 |
| Year Low | 93.01 | Year Low Date | 2018-02-09 |
| 52wk High | 45.76 | 52wk High Date | 2024-01-26 |
| 52wk Low | 24.39 | 52wk Low Date | 2023-04-25 |
| Year End Close | 48.48 | Average Volume | 26,909 |
| Shares Outstanding | 37,926 | Short Interest | 5,462 |
| % Institutional | 71.3 | Market Cap | 3,083M |
| Assets | 216,317,900M | Liabilities | 384,086,000M |
| P/E Ratio | 61.8088 | Beta | 0.48 |
| Volatility | 22.35 |