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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 2024-03-18 View latest technical analysis

10 day averaged volume of Panacea Biotec is 171008

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	137.20	132.70	140.70	132.70	1.255 times
15 Fri Mar 2024	134.55	135.15	136.65	130.00	0.652 times
14 Thu Mar 2024	135.20	134.05	139.00	131.05	1.694 times
13 Wed Mar 2024	132.10	135.25	137.60	129.95	3.172 times
12 Tue Mar 2024	135.25	144.00	145.20	134.05	1.327 times
11 Mon Mar 2024	143.45	149.00	149.05	142.35	0.6 times
07 Thu Mar 2024	148.80	144.50	149.95	144.45	0.505 times
06 Wed Mar 2024	143.75	148.25	149.15	141.05	0.905 times
05 Tue Mar 2024	148.25	151.45	152.30	147.85	0.635 times
04 Mon Mar 2024	151.45	155.35	156.35	150.90	0.436 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 139.4, but if it comes above 139.4, then a intra day buy could be more profitable.
If you take a sell trade below 139.4, then use 139.4 as stoploss and 127.1 as target. However if you take a buy trade in stock , then use 139.4 as stoploss and 149.54 as target.

Share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Target	129.95
Downside Target	132.70
Upside Target	140.70
Upside Target	145.20
Upside Target	148.35
Upside Target	156.35
Upside Target	159.55
Upside Target	165.60
Upside Target	166.05
Upside Target	166.70
Upside Target	169.70
Upside Target	178.40
Upside Target	202.50

Intraday share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Intraday Target	133.03
Downside Intraday Target	128.87
Upside Intraday Target	141.03
Upside Intraday Target	144.87
Downside Intraday Target	136.87

Weekly technical analysis of Panacea Biotec (PANACEABIO)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	137.20	132.70	140.70	132.70	0.169 times
15 Fri Mar 2024	134.55	149.00	149.05	129.95	3.002 times
07 Thu Mar 2024	148.80	155.35	156.35	141.05	0.631 times
02 Sat Mar 2024	155.35	162.80	166.70	149.60	0.806 times
23 Fri Feb 2024	162.45	160.70	165.60	156.40	0.572 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 Panacea Biotec (PANACEABIO)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	137.20	152.75	156.95	129.95	0.434 times
29 Thu Feb 2024	152.60	165.95	169.70	145.20	0.388 times
31 Wed Jan 2024	164.50	168.80	202.50	159.55	1.322 times
29 Fri Dec 2023	167.90	156.60	178.40	151.60	3.067 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Panacea Biotec in short term and the sell 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 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 negative.

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