Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-07 View latest technical analysis

10 day averaged volume of Hero Motocorp is 564394

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	5241.15	5230.00	5314.75	5223.20	0.913 times
06 Tue Aug 2024	5173.80	5200.25	5255.10	5158.00	0.98 times
05 Mon Aug 2024	5183.90	5180.05	5247.00	5123.00	0.778 times
02 Fri Aug 2024	5274.20	5325.00	5374.10	5236.45	0.713 times
01 Thu Aug 2024	5371.85	5487.45	5487.45	5325.40	1.538 times
31 Wed Jul 2024	5488.45	5452.90	5536.15	5405.20	1.542 times
30 Tue Jul 2024	5444.30	5455.00	5548.00	5410.60	0.731 times
29 Mon Jul 2024	5424.35	5505.25	5532.65	5397.30	0.741 times
26 Fri Jul 2024	5478.90	5410.00	5546.20	5397.35	0.917 times
25 Thu Jul 2024	5403.20	5401.00	5450.30	5353.00	0.778 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5307.9, but if it comes above 5307.9, then a intra day buy could be more profitable.
If you take a sell trade below 5307.9, then use 5307.9 as stoploss and 5163 as target. However if you take a buy trade in stock , then use 5307.9 as stoploss and 5428.74 as target.

Share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Target	4168.15
Downside Target	4414.65
Downside Target	4779.75
Downside Target	4920.25
Downside Target	5123.00
Upside Target	5487.45
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	5137.85
Downside Intraday Target	5034.55
Upside Intraday Target	5329.6
Upside Intraday Target	5418.05
Downside Intraday Target	5226.3

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	5241.15	5180.05	5314.75	5123.00	0.507 times
02 Fri Aug 2024	5274.20	5505.25	5548.00	5236.45	0.989 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

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
07 Wed Aug 2024	5241.15	5487.45	5487.45	5123.00	0.232 times
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

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 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 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 losing momentum.

MACD generated a SELL signal for Hero Motocorp in short term and the sell signal is strong.

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 SELL signal in short term but selling 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 5357.81 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.