Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-22 View latest technical analysis

10 day averaged volume of Panacea Biotec is 211432

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	133.30	135.00	136.05	132.35	0.781 times
21 Thu Mar 2024	134.50	139.00	139.25	134.00	0.541 times
20 Wed Mar 2024	136.55	136.70	139.05	131.80	1.302 times
19 Tue Mar 2024	135.75	136.90	139.50	134.55	0.713 times
18 Mon Mar 2024	137.20	132.70	140.70	132.70	1.015 times
15 Fri Mar 2024	134.55	135.15	136.65	130.00	0.527 times
14 Thu Mar 2024	135.20	134.05	139.00	131.05	1.37 times
13 Wed Mar 2024	132.10	135.25	137.60	129.95	2.565 times
12 Tue Mar 2024	135.25	144.00	145.20	134.05	1.073 times
11 Mon Mar 2024	143.45	149.00	149.05	142.35	0.485 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 134.8, but if it comes above 134.8, then a intra day buy could be more profitable.
If you take a sell trade below 134.8, then use 134.8 as stoploss and 123.3 as target. However if you take a buy trade in stock , then use 134.8 as stoploss and 144.32 as target.

Share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Target	129.95
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	129.83
Downside Intraday Target	126.37
Upside Intraday Target	138.73
Upside Intraday Target	144.17
Upside Intraday Target	135.27

Weekly technical analysis of Panacea Biotec (PANACEABIO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	133.30	132.70	140.70	131.80	0.723 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 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
22 Fri Mar 2024	133.30	152.75	156.95	129.95	0.589 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 red color and prices are below the red 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 135.01 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.