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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 2024-08-12 View latest technical analysis

10 day averaged volume of Hero Motocorp is 505686

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	5311.85	5214.80	5325.00	5185.00	1.126 times
09 Fri Aug 2024	5207.20	5204.95	5246.65	5190.75	0.66 times
08 Thu Aug 2024	5158.90	5235.00	5252.00	5146.90	0.482 times
07 Wed Aug 2024	5241.15	5230.00	5314.75	5223.20	1.019 times
06 Tue Aug 2024	5173.80	5200.25	5255.10	5158.00	1.093 times
05 Mon Aug 2024	5183.90	5180.05	5247.00	5123.00	0.869 times
02 Fri Aug 2024	5274.20	5325.00	5374.10	5236.45	0.796 times
01 Thu Aug 2024	5371.85	5487.45	5487.45	5325.40	1.717 times
31 Wed Jul 2024	5488.45	5452.90	5536.15	5405.20	1.721 times
30 Tue Jul 2024	5444.30	5455.00	5548.00	5410.60	0.815 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 5250 as stoploss in an intra day buy trade for a target of 5383.54. However, stock will show a bearish move below 5250.

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	5371.00
Upside Target	5487.45
Upside Target	5548.00
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	5222.9
Downside Intraday Target	5133.95
Upside Intraday Target	5362.9
Upside Intraday Target	5413.95
Downside Intraday Target	5273.95

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	5311.85	5214.80	5325.00	5185.00	0.273 times
09 Fri Aug 2024	5207.20	5180.05	5314.75	5123.00	0.702 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

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
12 Mon Aug 2024	5311.85	5487.45	5487.45	5123.00	0.327 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 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 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 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.

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

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

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 5312.64 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.