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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 2024-08-16 View latest technical analysis

10 day averaged volume of Panacea Biotec is 986537

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	164.87	166.00	169.20	163.30	0.825 times
14 Wed Aug 2024	164.32	158.00	171.95	151.50	3.659 times
13 Tue Aug 2024	158.15	161.35	168.99	155.60	2.088 times
12 Mon Aug 2024	161.17	133.56	161.17	133.47	3.513 times
09 Fri Aug 2024	134.31	134.50	137.05	133.61	0.115 times
08 Thu Aug 2024	133.51	134.75	137.17	132.99	0.088 times
07 Wed Aug 2024	134.71	134.00	138.60	132.12	0.132 times
06 Tue Aug 2024	132.60	133.70	135.55	131.90	0.055 times
05 Mon Aug 2024	132.63	131.76	136.91	131.76	0.159 times
02 Fri Aug 2024	138.76	138.00	140.90	135.31	0.099 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 165.1, for a target of 152.2 or 141.48

Share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Target	112.35
Downside Target	121.90
Downside Target	128.15
Downside Target	138.60
Downside Target	142.29
Downside Target	143.99
Downside Target	144.40
Downside Target	145.44
Downside Target	147.60
Downside Target	161.25
Upside Target	171.95

Intraday share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Intraday Target	141.58
Downside Intraday Target	118.28
Upside Intraday Target	180.06
Upside Intraday Target	195.24
Downside Intraday Target	156.76

Weekly technical analysis of Panacea Biotec (PANACEABIO)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	164.87	133.56	171.95	133.47	18.409 times
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

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
16 Fri Aug 2024	164.87	143.00	171.95	131.76	2.34 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 up this month, and volume has increased substantially. This means that the move can 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.

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 tired and bears are picking up momentum.

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 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 160.33 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.