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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 2024-05-10 View latest technical analysis

10 day averaged volume of Panacea Biotec is 99250

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri May 2024	132.70	133.75	135.00	131.75	1.002 times
09 Thu May 2024	133.10	137.90	138.75	132.10	0.715 times
08 Wed May 2024	137.05	138.00	140.35	136.00	0.66 times
07 Tue May 2024	138.05	138.70	141.00	137.10	0.458 times
06 Mon May 2024	138.55	140.20	140.80	138.10	0.307 times
03 Fri May 2024	140.15	141.00	142.50	139.05	0.526 times
02 Thu May 2024	140.65	142.70	143.30	139.80	0.658 times
30 Tue Apr 2024	141.40	143.00	144.80	141.00	0.788 times
29 Mon Apr 2024	142.70	144.10	146.45	142.00	0.79 times
26 Fri Apr 2024	143.65	147.15	148.50	143.00	0.884 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 131.6, for a target of 136 or 139.65

Share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Target	120.30
Downside Target	131.75
Upside Target	134.70
Upside Target	146.45
Upside Target	149.90
Upside Target	156.95
Upside Target	159.55
Upside Target	161.25
Upside Target	169.70
Upside Target	202.50

Intraday share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Intraday Target	129.3
Downside Intraday Target	125.9
Upside Intraday Target	138.55
Upside Intraday Target	144.4
Upside Intraday Target	135.15

Weekly technical analysis of Panacea Biotec (PANACEABIO)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri May 2024	132.70	140.20	141.00	131.75	1.137 times
03 Fri May 2024	140.15	144.10	146.45	139.05	0.351 times
26 Fri Apr 2024	143.65	137.50	149.90	137.00	2.288 times
19 Fri Apr 2024	136.40	143.00	143.00	134.70	0.314 times
12 Fri Apr 2024	144.20	146.00	161.25	142.30	1.241 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
10 Fri May 2024	132.70	142.70	143.30	131.75	0.132 times
30 Tue Apr 2024	141.40	121.90	161.25	121.90	0.843 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

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 Panacea Biotec (PANACEABIO)

Price action analysis of Panacea Biotec ( (PANACEABIO) ) 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 Panacea Biotec ( (PANACEABIO) ) 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Panacea Biotec in short term and the sell signal is strong.

Panacea Biotec 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Panacea Biotec in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 Panacea Biotec is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 138.74 and Panacea Biotec (PANACEABIO) 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 Panacea Biotec (PANACEABIO) stock. Volume based technical analysis of Panacea Biotec (PANACEABIO) stock is negative.

Panacea Biotec 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.