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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 2024-07-05 View latest technical analysis

10 day averaged volume of Hero Motocorp is 676524

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	5558.05	5558.35	5597.00	5382.60	0.907 times
04 Thu Jul 2024	5558.35	5594.00	5603.95	5530.60	1 times
03 Wed Jul 2024	5579.75	5599.90	5627.95	5553.05	0.486 times
02 Tue Jul 2024	5567.10	5670.00	5674.00	5500.00	1.02 times
01 Mon Jul 2024	5603.10	5595.00	5728.30	5585.00	1.505 times
28 Fri Jun 2024	5579.60	5500.00	5605.25	5452.10	0.798 times
27 Thu Jun 2024	5485.20	5459.90	5510.00	5421.00	1.292 times
26 Wed Jun 2024	5453.00	5529.00	5544.00	5428.00	0.568 times
25 Tue Jun 2024	5510.00	5565.90	5579.85	5473.45	1.653 times
24 Mon Jun 2024	5524.45	5390.00	5534.00	5390.00	0.687 times

My analysis of stock is bearish for shortterm, and stock might move down till 5495.2 or till 5352.7. Use a stoploss of 5613.94 and if the stock hits stoploss, then it can shoot up till 5732.68

Share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Target	4168.15
Downside Target	4414.65
Downside Target	4750.00
Downside Target	4920.25
Downside Target	5225.00
Downside Target	5382.60
Upside Target	5581.05
Upside Target	5728.30
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	5384.33
Downside Intraday Target	5210.62
Upside Intraday Target	5730.03
Upside Intraday Target	5902.02
Downside Intraday Target	5556.32

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	5558.05	5595.00	5728.30	5382.60	0.984 times
28 Fri Jun 2024	5579.60	5390.00	5605.25	5390.00	1.361 times
21 Fri Jun 2024	5452.00	5824.00	5894.55	5432.00	0.65 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

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
05 Fri Jul 2024	5558.05	5595.00	5728.30	5382.60	0.198 times
28 Fri Jun 2024	5579.60	5280.00	5894.55	4920.25	0.887 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

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 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 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 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 Weak 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 stronger in this stock.

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 and the buying is gaining 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 5542.79 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 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.