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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 2024-06-20 View latest technical analysis

10 day averaged volume of Hero Motocorp is 899058

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	5504.60	5669.00	5669.00	5496.00	0.935 times
19 Wed Jun 2024	5647.70	5774.80	5779.80	5625.00	0.497 times
18 Tue Jun 2024	5754.85	5824.00	5894.55	5736.70	0.586 times
14 Fri Jun 2024	5804.20	5823.00	5864.75	5761.60	0.638 times
13 Thu Jun 2024	5816.00	5820.20	5840.00	5731.00	0.609 times
12 Wed Jun 2024	5790.20	5800.00	5859.00	5776.60	0.744 times
11 Tue Jun 2024	5786.60	5730.00	5846.40	5705.00	1.129 times
10 Mon Jun 2024	5722.20	5585.00	5785.00	5581.05	1.132 times
07 Fri Jun 2024	5581.85	5583.90	5637.40	5538.00	0.709 times
06 Thu Jun 2024	5534.25	5655.10	5735.45	5472.35	1.666 times

My analysis of stock is bullish for shortterm, and stock might move up till 5731 or till 6068.1. Use a stoploss of 5450.15 and if this stock hits its stoploss, then it can fall down till 5169.26

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	5496.00
Upside Target	5581.05
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	5368.88
Downside Intraday Target	5233.17
Upside Intraday Target	5767.43
Upside Intraday Target	6030.27
Upside Intraday Target	5631.72

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	5504.60	5824.00	5894.55	5496.00	0.475 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
20 Thu Jun 2024	5504.60	5280.00	5894.55	4920.25	0.673 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 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 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 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 Weak and stock is losing 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 green color and prices are in or below 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 5675.79 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 positive

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