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(HEROMOTOCO) Hero Motocorp complete technical analysis [charts+indicators] | Buy/Sell Hero Motocorp | (HEROMOTOCO) share price targets

Complete technical analysis of Hero Motocorp (HEROMOTOCO) by charts plus indicators, forecast predictions and share price targets for Hero Motocorp (HEROMOTOCO)

10 day averaged volume of Hero Motocorp is 789272

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 4858.30 4850.00 4908.65 4815.00 1.488 times
22 Fri Nov 2024 4794.10 4778.40 4808.40 4742.00 0.5 times
21 Thu Nov 2024 4767.85 4799.95 4820.00 4741.20 0.725 times
19 Tue Nov 2024 4775.80 4759.95 4853.95 4734.50 0.892 times
18 Mon Nov 2024 4733.00 4834.15 4839.95 4714.10 2.26 times

My analysis of stock is bullish for shortterm, and stock might move up till 4924.8 or till 5063.7. Use a stoploss of 4809.14 and if this stock hits its stoploss, then it can fall down till 4693.45

Share price targets for Hero Motocorp (HEROMOTOCO)

Target Type Value
Downside Target 4467.00
Downside Target 4714.10
Upside Target 5043.00
Upside Target 5127.50
Upside Target 5329.70
Upside Target 5517.00
Upside Target 5518.00
Upside Target 5728.30
Upside Target 5794.00
Upside Target 6246.25

Intraday share price targets for Hero Motocorp (HEROMOTOCO)

Target Type Value
Downside Intraday Target 4812.65
Downside Intraday Target 4767
Upside Intraday Target 4906.3
Upside Intraday Target 4954.3
Upside Intraday Target 4860.65

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 4858.30 4850.00 4908.65 4815.00 0.34 times
22 Fri Nov 2024 4794.10 4834.15 4853.95 4714.10 1.179 times
14 Thu Nov 2024 4604.00 4763.00 4796.20 4467.00 0.801 times
08 Fri Nov 2024 4768.90 5127.50 5127.50 4726.50 1.842 times
01 Fri Nov 2024 5020.50 4745.00 5043.00 4740.10 0.823 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 Hero Motocorp (HEROMOTOCO)

Date Monthly Closing Price Open High Low Volume
25 Mon Nov 2024 4858.30 5039.70 5127.50 4467.00 0.701 times
31 Thu Oct 2024 4989.55 5712.40 5794.00 4740.10 0.964 times
30 Mon Sep 2024 5712.40 5535.00 6246.25 5517.00 1.065 times
30 Fri Aug 2024 5455.40 5487.45 5518.00 4991.00 1.305 times

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 Hero Motocorp (HEROMOTOCO)

Indicator Name Indicator Value Indicator Signal
ADX 21, 25, 10 Sell
MACD -266, -310Buy
Stochastics 76Buy
CCI 121Buy
RSI 43Sell
OBV 1129310Sell
VWAP 4714Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Hero Motocorp ( (HEROMOTOCO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Hero Motocorp ( (HEROMOTOCO) ) 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 Hero Motocorp ( (HEROMOTOCO) ) 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 Hero Motocorp ( (HEROMOTOCO) ) based on a mid to longer 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.

ADX buy sell signal for Hero Motocorp stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Hero Motocorp in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Hero Motocorp 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Hero Motocorp in short term and BUY 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 Hero Motocorp is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4713.72 and Hero Motocorp (HEROMOTOCO) 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 Hero Motocorp (HEROMOTOCO) stock. Volume based technical analysis of Hero Motocorp (HEROMOTOCO) stock is negative.

Hero Motocorp Stock is giving positive 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.

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