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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)

Hero Motocorp trades in NSE in 2 sector.

10 day averaged volume of Hero Motocorp is 686720

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	4498.30	4401.00	4515.00	4366.90	1.607 times
24 Wed Apr 2024	4393.35	4360.00	4405.35	4335.10	0.959 times
23 Tue Apr 2024	4345.05	4338.00	4368.90	4286.90	0.797 times
22 Mon Apr 2024	4311.90	4239.85	4335.00	4206.90	0.902 times
19 Fri Apr 2024	4213.70	4251.25	4251.25	4168.15	0.982 times
18 Thu Apr 2024	4251.30	4358.00	4398.65	4231.60	1.607 times
16 Tue Apr 2024	4322.90	4344.00	4446.45	4288.05	1.048 times
15 Mon Apr 2024	4381.20	4430.00	4440.55	4368.95	0.939 times
12 Fri Apr 2024	4440.80	4509.00	4522.80	4431.00	0.638 times
10 Wed Apr 2024	4494.90	4551.70	4551.70	4475.90	0.75 times

My analysis of stock is bullish for shortterm, and stock might move up till 4618.6 or till 4786. Use a stoploss of 4479.14 and if this stock hits its stoploss, then it can fall down till 4339.65

Share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Target	3683.00
Downside Target	3929.85
Downside Target	4168.15
Downside Target	4349.05
Upside Target	4560.00
Upside Target	4662.00
Upside Target	4673.25
Upside Target	4750.00
Upside Target	4779.75
Upside Target	4949.05

Intraday share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Intraday Target	4298.47
Downside Intraday Target	4098.63
Upside Intraday Target	4606.57
Upside Intraday Target	4714.83
Downside Intraday Target	4406.73

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	4498.30	4239.85	4515.00	4206.90	0.932 times
19 Fri Apr 2024	4213.70	4430.00	4446.45	4168.15	1.204 times
12 Fri Apr 2024	4440.80	4540.00	4673.25	4431.00	0.559 times
05 Fri Apr 2024	4524.90	4740.00	4779.75	4462.75	2.004 times
28 Thu Mar 2024	4722.30	4684.00	4750.00	4560.00	0.905 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 Thu Apr 2024	4498.30	4740.00	4779.75	4168.15	1.185 times
28 Thu Mar 2024	4722.30	4459.90	4750.00	4445.20	0.673 times
29 Thu Feb 2024	4426.50	4621.70	4949.05	4349.05	1.078 times
31 Wed Jan 2024	4621.55	4139.55	4662.00	3929.85	0.974 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 Hero Motocorp (HEROMOTOCO)

Price action analysis of Hero Motocorp ( (HEROMOTOCO) ) 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 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 BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 4361.41 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 falling down

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 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.