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(HEROMOTOCO) Hero Motocorp complete technical analysis [charts+indicators] | Buy/Sell Hero Motocorp | (HEROMOTOCO) share price targets

Complete technical analysis of Hero Motocorp (HEROMOTOCO) by charts plus indicators, forecast predictions and share price targets for Hero Motocorp (HEROMOTOCO)

Hero Motocorp trades in NSE in 2 sector.

Showing technical analysis as on 2024-11-22 View latest technical analysis

10 day averaged volume of Hero Motocorp is 729944

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	4794.10	4778.40	4808.40	4742.00	0.541 times
21 Thu Nov 2024	4767.85	4799.95	4820.00	4741.20	0.784 times
19 Tue Nov 2024	4775.80	4759.95	4853.95	4734.50	0.965 times
18 Mon Nov 2024	4733.00	4834.15	4839.95	4714.10	2.443 times
14 Thu Nov 2024	4604.00	4519.60	4630.00	4467.00	1.219 times
13 Wed Nov 2024	4519.60	4691.65	4696.75	4492.00	1.788 times
12 Tue Nov 2024	4724.20	4757.50	4796.20	4702.80	0.425 times
11 Mon Nov 2024	4757.50	4763.00	4786.15	4717.55	0.582 times
08 Fri Nov 2024	4768.90	4830.00	4832.00	4735.95	0.457 times
07 Thu Nov 2024	4816.00	4916.95	4916.95	4788.05	0.512 times

My analysis of stock is bearish for shortterm, and stock might move down till 4689.1 or till 4525.9. Use a stoploss of 4825.1 and if the stock hits stoploss, then it can shoot up till 4961.08

Share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Target	4467.00
Downside Target	4714.10
Upside Target	4991.00
Upside Target	5127.50
Upside Target	5280.00
Upside Target	5329.70
Upside Target	5517.00
Upside Target	5518.00
Upside Target	5728.30
Upside Target	5794.00
Upside Target	6246.25

Intraday share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Intraday Target	4720.82
Downside Intraday Target	4647.53
Upside Intraday Target	4860.67
Upside Intraday Target	4927.23
Downside Intraday Target	4787.38

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	4794.10	4834.15	4853.95	4714.10	1.179 times
14 Thu Nov 2024	4604.00	4763.00	4796.20	4467.00	0.801 times
08 Fri Nov 2024	4768.90	5127.50	5127.50	4726.50	1.089 times
01 Fri Nov 2024	5020.50	4973.30	5043.00	4740.10	1.225 times
25 Fri Oct 2024	4973.30	5216.20	5280.00	4875.00	0.764 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 Hero Motocorp (HEROMOTOCO)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	4794.10	5039.70	5127.50	4467.00	0.672 times
31 Thu Oct 2024	4989.55	5712.40	5794.00	4740.10	0.902 times
30 Mon Sep 2024	5712.40	5535.00	6246.25	5517.00	1.065 times
30 Fri Aug 2024	5455.40	5487.45	5518.00	4991.00	1.305 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 Hero Motocorp (HEROMOTOCO)

Price action analysis of Hero Motocorp ( (HEROMOTOCO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Hero Motocorp ( (HEROMOTOCO) ) 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 Hero Motocorp ( (HEROMOTOCO) ) 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 Hero Motocorp ( (HEROMOTOCO) ) 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 Hero Motocorp stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Hero Motocorp 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.

Hero Motocorp 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Hero Motocorp 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 Hero Motocorp is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4695.16 and Hero Motocorp (HEROMOTOCO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Hero Motocorp (HEROMOTOCO) stock. Volume based technical analysis of Hero Motocorp (HEROMOTOCO) stock is negative.

Hero Motocorp 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.