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 2024-10-31 View latest technical analysis

10 day averaged volume of Hero Motocorp is 753172

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	4989.55	4937.00	5027.50	4919.95	1.192 times
30 Wed Oct 2024	4909.30	4745.00	5037.50	4740.10	1.38 times
29 Tue Oct 2024	4787.45	4927.85	4959.95	4745.00	1.267 times
28 Mon Oct 2024	4927.80	4973.30	5015.85	4896.05	0.558 times
25 Fri Oct 2024	4973.30	5120.00	5144.70	4875.00	0.942 times
24 Thu Oct 2024	5113.60	5160.05	5231.20	5093.60	0.464 times
23 Wed Oct 2024	5145.70	5175.80	5280.00	5120.55	0.546 times
22 Tue Oct 2024	5175.80	5263.00	5274.40	5155.00	0.706 times
21 Mon Oct 2024	5242.25	5216.20	5253.85	5085.05	0.983 times
18 Fri Oct 2024	5216.20	5217.45	5288.65	5146.05	0.568 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5015.3, but if it comes above 5015.3, then a intra day buy could be more profitable.
If you take a sell trade below 5015.3, then use 5015.3 as stoploss and 4722 as target. However if you take a buy trade in stock , then use 5015.3 as stoploss and 5259.84 as target.

Share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Target	4740.10
Downside Target	4875.00
Upside Target	5280.00
Upside Target	5518.00
Upside Target	5587.65
Upside Target	5608.45
Upside Target	5728.30
Upside Target	5794.00
Upside Target	5890.00
Upside Target	5894.55
Upside Target	6246.25

Intraday share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Intraday Target	4807.27
Downside Intraday Target	4624.98
Upside Intraday Target	5104.67
Upside Intraday Target	5219.78
Downside Intraday Target	4922.38

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	4989.55	4973.30	5037.50	4740.10	1.207 times
25 Fri Oct 2024	4973.30	5216.20	5280.00	4875.00	0.764 times
18 Fri Oct 2024	5216.20	5504.00	5587.65	5100.00	1.448 times
11 Fri Oct 2024	5476.30	5569.95	5608.45	5411.00	0.583 times
04 Fri Oct 2024	5520.85	5890.00	5890.00	5484.00	1.109 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 Thu Oct 2024	4989.55	5712.40	5794.00	4740.10	0.902 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Hero Motocorp stock for short term is SELL. Signal strength is Strong and stock is gaining 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 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 5016.87 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.