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 2024-06-26 View latest technical analysis

10 day averaged volume of Panacea Biotec is 158894

Date	Daily Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	138.68	137.94	140.25	135.42	1.42 times
25 Tue Jun 2024	137.56	133.35	141.70	133.35	3.027 times
24 Mon Jun 2024	133.30	134.31	134.31	130.51	1.466 times
21 Fri Jun 2024	132.66	134.02	135.50	129.89	0.881 times
20 Thu Jun 2024	134.13	132.70	137.50	132.40	0.922 times
19 Wed Jun 2024	132.17	133.10	134.14	131.75	0.557 times
18 Tue Jun 2024	132.69	133.95	134.59	132.20	0.648 times
14 Fri Jun 2024	133.90	134.30	135.00	132.11	0.54 times
13 Thu Jun 2024	133.47	134.20	135.06	132.10	0.868 times
12 Wed Jun 2024	133.92	133.72	135.70	133.60	0.404 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 136.1, but if it comes below 136.1, then a intra day sell could be more profitable.
If you take a sell trade below 136.1, then use 136.1 as stoploss and 131.81 as target. However if you take a buy trade in stock , then use 136.1 as stoploss and 141.2 as target.

Share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Target	112.35
Downside Target	120.30
Downside Target	128.15
Downside Target	134.20
Upside Target	140.50
Upside Target	141.70
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	132.23
Downside Intraday Target	125.77
Upside Intraday Target	143.42
Upside Intraday Target	148.15
Downside Intraday Target	136.96

Weekly technical analysis of Panacea Biotec (PANACEABIO)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	138.68	134.31	141.70	130.51	1.966 times
21 Fri Jun 2024	132.66	133.95	137.50	129.89	1.033 times
14 Fri Jun 2024	133.90	130.00	135.70	129.05	0.693 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Panacea Biotec (PANACEABIO)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	138.68	133.50	141.70	112.35	1.357 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 135.2 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.