Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-12 View latest technical analysis

10 day averaged volume of Panacea Biotec is 117655

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	133.92	133.72	135.70	133.60	0.545 times
11 Tue Jun 2024	133.72	131.98	134.95	131.01	0.928 times
10 Mon Jun 2024	131.98	130.00	134.19	129.05	0.56 times
07 Fri Jun 2024	128.85	126.15	129.90	126.15	0.912 times
06 Thu Jun 2024	127.75	125.45	129.00	125.05	1.005 times
05 Wed Jun 2024	124.45	122.25	127.00	117.35	0.77 times
04 Tue Jun 2024	119.05	129.70	130.80	112.35	2.107 times
03 Mon Jun 2024	129.65	133.50	134.20	129.00	0.881 times
31 Fri May 2024	131.00	133.00	133.90	130.15	0.632 times
30 Thu May 2024	132.65	134.50	140.50	131.80	1.937 times

My analysis of stock is bullish for shortterm, and stock might move up till 137.4 or till 143.1. Use a stoploss of 132.68 and if this stock hits its stoploss, then it can fall down till 127.96

Share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Target	112.35
Downside Target	120.30
Downside Target	128.15
Upside Target	134.20
Upside Target	140.50
Upside Target	141.35
Upside Target	144.40
Upside Target	145.20
Upside Target	156.95
Upside Target	161.25
Upside Target	169.70

Intraday share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Intraday Target	130.08
Downside Intraday Target	126.24
Upside Intraday Target	136.73
Upside Intraday Target	139.54
Downside Intraday Target	132.89

Weekly technical analysis of Panacea Biotec (PANACEABIO)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	133.92	130.00	135.70	129.05	0.358 times
07 Fri Jun 2024	128.85	133.50	134.20	112.35	1.578 times
31 Fri May 2024	131.00	137.00	140.50	130.15	0.709 times
24 Fri May 2024	136.80	138.60	144.40	128.15	1.391 times
18 Sat May 2024	137.85	132.15	141.35	130.10	1.375 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 Panacea Biotec (PANACEABIO)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	133.92	133.50	135.70	112.35	0.483 times
31 Fri May 2024	131.00	142.70	144.40	128.15	0.578 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

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 term time period is neutral. A longer time frame might give a better analysis.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Panacea Biotec stock for short term is SELL. Signal strength is Weak and stock is losing 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 stronger in this stock.

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

CCI has generated a buy signal for Panacea Biotec in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 128.2 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 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.