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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 2024-11-18 View latest technical analysis

10 day averaged volume of Hero Motocorp is 663936

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	4733.00	4834.15	4839.95	4714.10	2.686 times
14 Thu Nov 2024	4604.00	4519.60	4630.00	4467.00	1.34 times
13 Wed Nov 2024	4519.60	4691.65	4696.75	4492.00	1.965 times
12 Tue Nov 2024	4724.20	4757.50	4796.20	4702.80	0.468 times
11 Mon Nov 2024	4757.50	4763.00	4786.15	4717.55	0.64 times
08 Fri Nov 2024	4768.90	4830.00	4832.00	4735.95	0.502 times
07 Thu Nov 2024	4816.00	4916.95	4916.95	4788.05	0.562 times
06 Wed Nov 2024	4892.80	4858.00	4920.00	4841.00	0.908 times
05 Tue Nov 2024	4820.70	4818.00	4878.30	4760.90	1.015 times
04 Mon Nov 2024	4806.05	5127.50	5127.50	4726.50	2.525 times

Stock of Hero Motocorp (HEROMOTOCO) has showed a significant upmove. This could be a good time to enter in this stock!

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 4701 as stoploss in an intra day buy trade for a target of 4886.4. However, stock will show a bearish move below 4701.

Share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Target	4467.00
Downside Target	4714.10
Upside Target	4991.00
Upside Target	5127.50
Upside Target	5280.00
Upside Target	5329.70
Upside Target	5517.00
Upside Target	5518.00
Upside Target	5728.30
Upside Target	5794.00
Upside Target	6246.25

Intraday share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Intraday Target	4684.75
Downside Intraday Target	4636.5
Upside Intraday Target	4810.6
Upside Intraday Target	4888.2
Upside Intraday Target	4762.35

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	4733.00	4834.15	4839.95	4714.10	0.609 times
14 Thu Nov 2024	4604.00	4763.00	4796.20	4467.00	0.801 times
08 Fri Nov 2024	4768.90	5127.50	5127.50	4726.50	1.089 times
01 Fri Nov 2024	5020.50	4973.30	5043.00	4740.10	1.225 times
25 Fri Oct 2024	4973.30	5216.20	5280.00	4875.00	0.764 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
18 Mon Nov 2024	4733.00	5039.70	5127.50	4467.00	0.56 times
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

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 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 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 and BUY signal is strong.

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 4725.27 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.