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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 2024-08-09 View latest technical analysis

10 day averaged volume of Panacea Biotec is 129802

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	134.31	134.50	137.05	133.61	0.872 times
08 Thu Aug 2024	133.51	134.75	137.17	132.99	0.668 times
07 Wed Aug 2024	134.71	134.00	138.60	132.12	1.001 times
06 Tue Aug 2024	132.60	133.70	135.55	131.90	0.416 times
05 Mon Aug 2024	132.63	131.76	136.91	131.76	1.207 times
02 Fri Aug 2024	138.76	138.00	140.90	135.31	0.755 times
01 Thu Aug 2024	139.48	143.00	143.58	138.13	0.704 times
31 Wed Jul 2024	142.23	140.46	145.44	140.00	1.598 times
30 Tue Jul 2024	140.46	141.40	143.93	139.49	1.362 times
29 Mon Jul 2024	140.01	138.66	140.99	136.50	1.465 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 133.7 as stoploss in an intra day buy trade for a target of 136.55. However, stock will show a bearish move below 133.7.

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	131.18
Downside Intraday Target	128.05
Upside Intraday Target	138.02
Upside Intraday Target	141.73
Upside Intraday Target	134.89

Weekly technical analysis of Panacea Biotec (PANACEABIO)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	134.31	131.76	138.60	131.76	0.708 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
09 Fri Aug 2024	134.31	143.00	143.58	131.76	0.16 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 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 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 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 losing 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 weakening, and bulls are picking up momentum!

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

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

RSI is generating a SELL signal in short term and selling is picking up 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 137.64 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 positive

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