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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 2024-08-19 View latest technical analysis

10 day averaged volume of Hero Motocorp is 696477

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	5188.90	5149.00	5224.00	5107.55	1.026 times
16 Fri Aug 2024	5128.10	5120.00	5138.95	5020.05	0.976 times
14 Wed Aug 2024	5072.45	5280.00	5297.60	4991.00	3.137 times
13 Tue Aug 2024	5245.50	5350.00	5407.30	5216.00	1.497 times
12 Mon Aug 2024	5311.85	5214.80	5325.00	5185.00	0.818 times
09 Fri Aug 2024	5207.20	5204.95	5246.65	5190.75	0.479 times
08 Thu Aug 2024	5158.90	5235.00	5252.00	5146.90	0.35 times
07 Wed Aug 2024	5241.15	5230.00	5314.75	5223.20	0.74 times
06 Tue Aug 2024	5173.80	5200.25	5255.10	5158.00	0.794 times
05 Mon Aug 2024	5183.90	5180.05	5247.00	5123.00	0.631 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 5174.9 as stoploss in an intra day buy trade for a target of 5309.57. However, stock will show a bearish move below 5174.9.

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	5107.55
Upside Target	5329.70
Upside Target	5407.30
Upside Target	5487.45
Upside Target	5548.00
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	5122.97
Downside Intraday Target	5057.03
Upside Intraday Target	5239.42
Upside Intraday Target	5289.93
Downside Intraday Target	5173.48

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	5188.90	5149.00	5224.00	5107.55	0.16 times
16 Fri Aug 2024	5128.10	5214.80	5407.30	4991.00	2.147 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

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
19 Mon Aug 2024	5188.90	5487.45	5487.45	4991.00	0.713 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 negative zone. This is the SELL 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 5168.08 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.