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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 2024-07-31 View latest technical analysis

10 day averaged volume of Hero Motocorp is 538283

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	5488.45	5452.90	5536.15	5405.20	1.617 times
30 Tue Jul 2024	5444.30	5455.00	5548.00	5410.60	0.766 times
29 Mon Jul 2024	5424.35	5505.25	5532.65	5397.30	0.777 times
26 Fri Jul 2024	5478.90	5410.00	5546.20	5397.35	0.961 times
25 Thu Jul 2024	5403.20	5401.00	5450.30	5353.00	0.815 times
24 Wed Jul 2024	5417.75	5513.00	5513.00	5405.00	1.344 times
23 Tue Jul 2024	5513.55	5485.00	5659.85	5329.70	1.689 times
22 Mon Jul 2024	5463.15	5422.00	5490.00	5390.00	0.771 times
19 Fri Jul 2024	5427.70	5519.95	5527.75	5371.00	0.688 times
18 Thu Jul 2024	5502.20	5545.50	5578.00	5417.10	1.564 times

My analysis of stock is bearish for shortterm, and stock might move down till 5445.4 or till 5372.9. Use a stoploss of 5505.86 and if the stock hits stoploss, then it can shoot up till 5566.31

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	5329.70
Upside Target	5548.00
Upside Target	5650.00
Upside Target	5659.00
Upside Target	5659.85
Upside Target	5728.30
Upside Target	5894.55

Intraday share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Intraday Target	5407.83
Downside Intraday Target	5327.22
Upside Intraday Target	5558.53
Upside Intraday Target	5628.62
Downside Intraday Target	5477.92

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	5488.45	5505.25	5548.00	5397.30	0.566 times
26 Fri Jul 2024	5478.90	5422.00	5659.85	5329.70	1.671 times
19 Fri Jul 2024	5427.70	5547.00	5659.00	5371.00	0.832 times
12 Fri Jul 2024	5546.90	5565.65	5650.00	5470.60	0.649 times
05 Fri Jul 2024	5558.05	5595.00	5728.30	5382.60	0.984 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
31 Wed Jul 2024	5488.45	5595.00	5728.30	5329.70	0.714 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 neutral. A longer time frame might give a better analysis.

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 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Hero Motocorp in short term and BUY 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

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 5465.27 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 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.