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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 2024-04-01 View latest technical analysis

10 day averaged volume of Panacea Biotec is 248191

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	132.25	121.90	133.10	121.90	0.838 times
28 Thu Mar 2024	121.55	123.90	127.60	120.30	1.21 times
27 Wed Mar 2024	123.50	127.05	128.95	122.20	2.108 times
26 Tue Mar 2024	126.40	133.30	134.20	125.25	1.359 times
22 Fri Mar 2024	133.30	135.00	136.05	132.35	0.665 times
21 Thu Mar 2024	134.50	139.00	139.25	134.00	0.461 times
20 Wed Mar 2024	136.55	136.70	139.05	131.80	1.109 times
19 Tue Mar 2024	135.75	136.90	139.50	134.55	0.607 times
18 Mon Mar 2024	137.20	132.70	140.70	132.70	0.864 times
15 Fri Mar 2024	134.55	135.15	136.65	130.00	0.449 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 128.8 as stoploss in an intra day buy trade for a target of 138.14. However, stock will show a bearish move below 128.8.

Share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Target	120.30
Downside Target	129.95
Upside Target	140.70
Upside Target	145.20
Upside Target	149.05
Upside Target	151.60
Upside Target	156.35
Upside Target	156.95
Upside Target	159.55
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	125.07
Downside Intraday Target	117.88
Upside Intraday Target	136.27
Upside Intraday Target	140.28
Downside Intraday Target	129.08

Weekly technical analysis of Panacea Biotec (PANACEABIO)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	132.25	121.90	133.10	121.90	0.179 times
28 Thu Mar 2024	121.55	133.30	134.20	120.30	1.261 times
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

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
01 Mon Apr 2024	132.25	121.90	133.10	121.90	0.054 times
28 Thu Mar 2024	121.55	152.75	156.95	120.30	0.843 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

Scroll below to view daily charts

Price has moved up 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 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 BUY signal in short term and the buying is gaining 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 129.62 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 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.