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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 2024-06-19 View latest technical analysis

10 day averaged volume of Hero Motocorp is 1048876

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	5647.70	5774.80	5779.80	5625.00	0.426 times
18 Tue Jun 2024	5754.85	5824.00	5894.55	5736.70	0.503 times
14 Fri Jun 2024	5804.20	5823.00	5864.75	5761.60	0.547 times
13 Thu Jun 2024	5816.00	5820.20	5840.00	5731.00	0.522 times
12 Wed Jun 2024	5790.20	5800.00	5859.00	5776.60	0.637 times
11 Tue Jun 2024	5786.60	5730.00	5846.40	5705.00	0.968 times
10 Mon Jun 2024	5722.20	5585.00	5785.00	5581.05	0.971 times
07 Fri Jun 2024	5581.85	5583.90	5637.40	5538.00	0.607 times
06 Thu Jun 2024	5534.25	5655.10	5735.45	5472.35	1.428 times
05 Wed Jun 2024	5658.50	5315.00	5775.20	5315.00	1.963 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 5722.1 as stoploss in an intra day sell trade for a target of 5424.72. However, stock will show a bullish move above 5722.1.

Share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Target	4168.15
Downside Target	4349.05
Downside Target	4750.00
Downside Target	4920.25
Downside Target	5198.15
Downside Target	5225.00
Downside Target	5581.05
Downside Target	5625.00
Upside Target	5775.20
Upside Target	5864.75
Upside Target	5894.55

Intraday share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Intraday Target	5550.28
Downside Intraday Target	5452.87
Upside Intraday Target	5819.83
Upside Intraday Target	5991.97
Upside Intraday Target	5722.42

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	5647.70	5824.00	5894.55	5625.00	0.255 times
14 Fri Jun 2024	5804.20	5585.00	5864.75	5581.05	0.538 times
07 Fri Jun 2024	5581.85	5280.00	5775.20	4920.25	1.83 times
31 Fri May 2024	5119.60	5126.00	5225.00	5003.50	1.934 times
24 Fri May 2024	5118.30	5075.00	5198.15	4963.05	0.42 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
19 Wed Jun 2024	5647.70	5280.00	5894.55	4920.25	0.628 times
31 Fri May 2024	5119.60	4625.00	5225.00	4414.65	1.24 times
30 Tue Apr 2024	4543.05	4740.00	4779.75	4168.15	1.355 times
28 Thu Mar 2024	4722.30	4459.90	4750.00	4445.20	0.673 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Hero Motocorp ( (HEROMOTOCO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Strong and stock is losing momentum.

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

Hero Motocorp Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 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 5687.83 and Hero Motocorp (HEROMOTOCO) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.