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 2024-10-03 View latest technical analysis

10 day averaged volume of Hero Motocorp is 889708

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	5662.75	5733.35	5733.35	5622.00	1.371 times
01 Tue Oct 2024	5750.10	5712.40	5794.00	5665.00	0.835 times
30 Mon Sep 2024	5712.40	5890.00	5890.00	5690.50	1.514 times
27 Fri Sep 2024	5957.35	6068.10	6089.30	5940.50	0.807 times
26 Thu Sep 2024	6051.45	6005.60	6065.00	5904.10	1.412 times
25 Wed Sep 2024	6088.30	6144.00	6168.40	6033.85	0.384 times
24 Tue Sep 2024	6126.30	6191.00	6246.25	6110.30	0.709 times
23 Mon Sep 2024	6190.55	6050.00	6210.00	6004.30	0.997 times
20 Fri Sep 2024	6013.25	6048.75	6092.00	5985.75	1.117 times
19 Thu Sep 2024	6006.05	6000.00	6060.00	5980.10	0.599 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5704.7, but if it comes above 5704.7, then a intra day buy could be more profitable.
If you take a sell trade below 5704.7, then use 5704.7 as stoploss and 5505.7 as target. However if you take a buy trade in stock , then use 5704.7 as stoploss and 5870.51 as target.

Share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Target	4920.25
Downside Target	5329.70
Downside Target	5517.00
Upside Target	5799.00
Upside Target	5864.15
Upside Target	5890.00
Upside Target	5894.55
Upside Target	5904.10
Upside Target	6145.95
Upside Target	6246.25

Intraday share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Intraday Target	5559.83
Downside Intraday Target	5456.92
Upside Intraday Target	5827.83
Upside Intraday Target	5992.92
Upside Intraday Target	5724.92

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	5662.75	5890.00	5890.00	5622.00	0.863 times
27 Fri Sep 2024	5957.35	6050.00	6246.25	5904.10	0.841 times
20 Fri Sep 2024	6013.25	5780.00	6145.95	5727.00	1.506 times
13 Fri Sep 2024	5795.80	5743.80	5864.15	5602.35	0.777 times
06 Fri Sep 2024	5743.75	5535.00	5799.00	5517.00	0.974 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
03 Thu Oct 2024	5662.75	5712.40	5794.00	5622.00	0.118 times
30 Mon Sep 2024	5712.40	5535.00	6246.25	5517.00	1.065 times
30 Fri Aug 2024	5455.40	5487.45	5518.00	4991.00	1.305 times
31 Wed Jul 2024	5488.45	5595.00	5728.30	5329.70	0.714 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 SELL signal in short term and selling is picking up 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 5924.45 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.