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(PANACEABIO) Panacea Biotec complete technical analysis [charts+indicators] | Buy/Sell Panacea Biotec | (PANACEABIO) share price targets

Complete technical analysis of Panacea Biotec (PANACEABIO) by charts plus indicators, forecast predictions and share price targets for Panacea Biotec (PANACEABIO)

Panacea Biotec trades in NSE in Biotechnology sector.

Showing technical analysis as on 2024-04-08 View latest technical analysis

10 day averaged volume of Panacea Biotec is 231794

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	142.95	146.00	146.90	142.30	0.294 times
05 Fri Apr 2024	145.25	143.00	146.50	140.50	0.599 times
04 Thu Apr 2024	143.35	139.00	144.65	136.95	0.976 times
03 Wed Apr 2024	138.55	134.00	139.80	131.00	0.721 times
02 Tue Apr 2024	135.25	132.25	135.80	130.60	0.594 times
01 Mon Apr 2024	132.25	121.90	133.10	121.90	0.897 times
28 Thu Mar 2024	121.55	123.90	127.60	120.30	1.295 times
27 Wed Mar 2024	123.50	127.05	128.95	122.20	2.257 times
26 Tue Mar 2024	126.40	133.30	134.20	125.25	1.456 times
22 Fri Mar 2024	133.30	135.00	136.05	132.35	0.713 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 142.6, but if it comes below 142.6, then a intra day sell could be more profitable.
If you take a sell trade below 142.6, then use 142.6 as stoploss and 135.79 as target. However if you take a buy trade in stock , then use 142.6 as stoploss and 150.7 as target.

Share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Target	120.30
Downside Target	129.95
Downside Target	140.70
Upside Target	145.20
Upside Target	146.90
Upside Target	149.05
Upside Target	151.60
Upside Target	156.95
Upside Target	159.55
Upside Target	169.70
Upside Target	178.40
Upside Target	202.50

Intraday share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Intraday Target	141.2
Downside Intraday Target	139.45
Upside Intraday Target	145.8
Upside Intraday Target	148.65
Upside Intraday Target	144.05

Weekly technical analysis of Panacea Biotec (PANACEABIO)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	142.95	146.00	146.90	142.30	0.078 times
05 Fri Apr 2024	145.25	121.90	146.50	121.90	0.756 times
28 Thu Mar 2024	121.55	133.30	134.20	120.30	1.261 times
22 Fri Mar 2024	133.30	132.70	140.70	131.80	0.723 times
15 Fri Mar 2024	134.55	149.00	149.05	129.95	3.002 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 Panacea Biotec (PANACEABIO)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	142.95	121.90	146.90	121.90	0.245 times
28 Thu Mar 2024	121.55	152.75	156.95	120.30	0.843 times
29 Thu Feb 2024	152.60	165.95	169.70	145.20	0.388 times
31 Wed Jan 2024	164.50	168.80	202.50	159.55	1.322 times

Scroll below to view daily charts

Price has moved up 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 Panacea Biotec (PANACEABIO)

Price action analysis of Panacea Biotec ( (PANACEABIO) ) based on a short 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.

Price action analysis of Panacea Biotec ( (PANACEABIO) ) based on a short to mid 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.

Price action analysis of Panacea Biotec ( (PANACEABIO) ) 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 Panacea Biotec stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Panacea Biotec in short term but the buy signal is initial and weak.

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

Panacea Biotec Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Panacea Biotec in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Panacea Biotec is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 130.89 and Panacea Biotec (PANACEABIO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Panacea Biotec (PANACEABIO) stock. Volume based technical analysis of Panacea Biotec (PANACEABIO) stock is negative.

Panacea Biotec Stock is giving positive 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.