(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 2024-04-23 View latest technical analysis
10 day averaged volume of Hero Motocorp is 697841
Date | Daily Closing Price | Open | High | Low | Volume |
23 Tue Apr 2024 | 4345.05 | 4338.00 | 4368.90 | 4286.90 | 0.784 times |
22 Mon Apr 2024 | 4311.90 | 4239.85 | 4335.00 | 4206.90 | 0.888 times |
19 Fri Apr 2024 | 4213.70 | 4251.25 | 4251.25 | 4168.15 | 0.966 times |
18 Thu Apr 2024 | 4251.30 | 4358.00 | 4398.65 | 4231.60 | 1.581 times |
16 Tue Apr 2024 | 4322.90 | 4344.00 | 4446.45 | 4288.05 | 1.032 times |
15 Mon Apr 2024 | 4381.20 | 4430.00 | 4440.55 | 4368.95 | 0.925 times |
12 Fri Apr 2024 | 4440.80 | 4509.00 | 4522.80 | 4431.00 | 0.628 times |
10 Wed Apr 2024 | 4494.90 | 4551.70 | 4551.70 | 4475.90 | 0.738 times |
09 Tue Apr 2024 | 4521.70 | 4615.00 | 4673.25 | 4505.00 | 1.355 times |
08 Mon Apr 2024 | 4595.10 | 4540.00 | 4608.85 | 4525.10 | 1.02 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4349.8, but if it comes above 4349.8, then a intra day buy could be more profitable.
If you take a sell trade below 4349.8, then use 4349.8 as stoploss and 4175.9 as target. However if you take a buy trade in stock , then use 4349.8 as stoploss and 4494.75 as target.
Share price targets for Hero Motocorp (HEROMOTOCO)
Target Type | Value |
Downside Target | 3683.00 |
Downside Target | 3929.85 |
Downside Target | 4168.15 |
Upside 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 | 4245 |
Downside Intraday Target | 4144.95 |
Upside Intraday Target | 4407 |
Upside Intraday Target | 4468.95 |
Downside Intraday Target | 4306.95 |
Weekly technical analysis of Hero Motocorp (HEROMOTOCO)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Tue Apr 2024 | 4345.05 | 4239.85 | 4368.90 | 4206.90 | 0.371 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 |
23 Tue Apr 2024 | 4345.05 | 4740.00 | 4779.75 | 4168.15 | 1.029 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 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Hero Motocorp in short term and the sell signal is strong.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Hero Motocorp in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Hero Motocorp is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4382.48 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.
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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Hero Motocorp in short term and the sell signal is strong.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Hero Motocorp in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Hero Motocorp is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4382.48 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.
Click here for Hero Motocorp charts
Click here for further forecast and predictions for tomorrow
Daily charts
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