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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 2024-08-08 View latest technical analysis

10 day averaged volume of Panacea Biotec is 128783

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	133.51	134.75	137.17	132.99	0.674 times
07 Wed Aug 2024	134.71	134.00	138.60	132.12	1.009 times
06 Tue Aug 2024	132.60	133.70	135.55	131.90	0.419 times
05 Mon Aug 2024	132.63	131.76	136.91	131.76	1.217 times
02 Fri Aug 2024	138.76	138.00	140.90	135.31	0.761 times
01 Thu Aug 2024	139.48	143.00	143.58	138.13	0.71 times
31 Wed Jul 2024	142.23	140.46	145.44	140.00	1.611 times
30 Tue Jul 2024	140.46	141.40	143.93	139.49	1.373 times
29 Mon Jul 2024	140.01	138.66	140.99	136.50	1.476 times
26 Fri Jul 2024	137.51	137.80	140.00	136.40	0.83 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 133.9, but if it comes above 133.9, then a intra day buy could be more profitable.
If you take a sell trade below 133.9, then use 133.9 as stoploss and 130.4 as target. However if you take a buy trade in stock , then use 133.9 as stoploss and 136.86 as target.

Share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Target	112.35
Downside Target	121.90
Downside Target	128.15
Upside Target	135.31
Upside Target	142.29
Upside Target	143.58
Upside Target	143.99
Upside Target	144.40
Upside Target	145.44
Upside Target	147.60
Upside Target	161.25

Intraday share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Intraday Target	130.65
Downside Intraday Target	127.78
Upside Intraday Target	137.49
Upside Intraday Target	141.46
Upside Intraday Target	134.62

Weekly technical analysis of Panacea Biotec (PANACEABIO)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	133.51	131.76	138.60	131.76	0.56 times
02 Fri Aug 2024	138.76	138.66	145.44	135.31	1.703 times
26 Fri Jul 2024	137.51	130.00	140.00	130.00	0.903 times
19 Fri Jul 2024	131.57	140.78	142.29	130.65	0.465 times
12 Fri Jul 2024	139.43	138.88	147.60	136.48	0.541 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 Thu Aug 2024	133.51	143.00	143.58	131.76	0.135 times
31 Wed Jul 2024	142.23	134.05	147.60	130.00	1.432 times
28 Fri Jun 2024	133.99	133.50	143.99	112.35	1.697 times
31 Fri May 2024	131.00	142.70	144.40	128.15	0.578 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 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 green color and prices are in or below the green 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 SELL signal in short term but selling is losing 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 137.92 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.