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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.

Showing technical analysis as on 2024-03-18 View latest technical analysis

10 day averaged volume of Hero Motocorp is 585217

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	4554.20	4560.50	4582.50	4527.55	0.397 times
15 Fri Mar 2024	4585.30	4655.00	4680.85	4500.65	2.185 times
14 Thu Mar 2024	4675.30	4455.00	4682.15	4455.00	1.211 times
13 Wed Mar 2024	4512.10	4646.00	4686.75	4476.55	1.196 times
12 Tue Mar 2024	4658.90	4666.30	4697.00	4633.00	0.534 times
11 Mon Mar 2024	4671.70	4700.00	4725.00	4600.55	1.101 times
07 Thu Mar 2024	4652.90	4650.00	4704.00	4620.80	1.17 times
06 Wed Mar 2024	4635.30	4580.00	4649.00	4536.10	0.604 times
05 Tue Mar 2024	4590.00	4611.65	4644.75	4571.85	0.756 times
04 Mon Mar 2024	4611.70	4589.95	4630.00	4563.00	0.975 times

My analysis of stock is bearish for shortterm, and stock might move down till 4472.3 or till 4368.4. Use a stoploss of 4558.81 and if the stock hits stoploss, then it can shoot up till 4645.36

Share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Target	3041.50
Downside Target	3683.00
Downside Target	3884.50
Downside Target	4193.40
Downside Target	4349.05
Downside Target	4440.65
Upside Target	4595.00
Upside Target	4662.00
Upside Target	4704.00
Upside Target	4725.00
Upside Target	4944.00
Upside Target	4949.05

Intraday share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Intraday Target	4527
Downside Intraday Target	4499.8
Upside Intraday Target	4581.95
Upside Intraday Target	4609.7
Upside Intraday Target	4554.75

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	4554.20	4560.50	4582.50	4527.55	0.064 times
15 Fri Mar 2024	4585.30	4700.00	4725.00	4455.00	1.777 times
07 Thu Mar 2024	4652.90	4589.95	4704.00	4536.10	0.486 times
02 Sat Mar 2024	4581.45	4523.95	4595.00	4349.05	0.836 times
23 Fri Feb 2024	4519.25	4928.95	4944.00	4440.65	1.155 times

Price has moved down 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
18 Mon Mar 2024	4554.20	4459.90	4725.00	4450.00	0.394 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
29 Fri Dec 2023	4139.55	3860.00	4193.40	3683.00	0.9 times

Scroll below to view daily charts

Price has moved up 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 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 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 Hero Motocorp ( (HEROMOTOCO) ) 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 Hero Motocorp stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

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 tired and bears are picking up momentum.

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 Hero Motocorp 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 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 4613.15 and Hero Motocorp (HEROMOTOCO) 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 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.