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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 2024-05-14 View latest technical analysis

10 day averaged volume of Panacea Biotec is 65262

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue May 2024	133.85	136.15	138.40	132.20	1.262 times
13 Mon May 2024	136.15	132.15	138.90	130.10	1.021 times
10 Fri May 2024	132.70	133.75	135.00	131.75	1.523 times
09 Thu May 2024	133.10	137.90	138.75	132.10	1.088 times
08 Wed May 2024	137.05	138.00	140.35	136.00	1.004 times
07 Tue May 2024	138.05	138.70	141.00	137.10	0.697 times
06 Mon May 2024	138.55	140.20	140.80	138.10	0.466 times
03 Fri May 2024	140.15	141.00	142.50	139.05	0.801 times
02 Thu May 2024	140.65	142.70	143.30	139.80	1 times
30 Tue Apr 2024	141.40	143.00	144.80	141.00	1.199 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 135.2, but if it comes above 135.2, then a intra day buy could be more profitable.
If you take a sell trade below 135.2, then use 135.2 as stoploss and 131.1 as target. However if you take a buy trade in stock , then use 135.2 as stoploss and 138.64 as target.

Share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Target	120.30
Downside Target	130.10
Upside Target	134.70
Upside Target	145.20
Upside Target	146.45
Upside Target	149.90
Upside Target	156.95
Upside Target	159.55
Upside Target	161.25
Upside Target	169.70
Upside Target	202.50

Intraday share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Intraday Target	129.67
Downside Intraday Target	125.48
Upside Intraday Target	138.47
Upside Intraday Target	143.08
Upside Intraday Target	134.28

Weekly technical analysis of Panacea Biotec (PANACEABIO)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue May 2024	133.85	132.15	138.90	130.10	0.478 times
10 Fri May 2024	132.70	140.20	141.00	131.75	1.137 times
03 Fri May 2024	140.15	144.10	146.45	139.05	0.351 times
26 Fri Apr 2024	143.65	137.50	149.90	137.00	2.288 times
19 Fri Apr 2024	136.40	143.00	143.00	134.70	0.314 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
14 Tue May 2024	133.85	142.70	143.30	130.10	0.178 times
30 Tue Apr 2024	141.40	121.90	161.25	121.90	0.843 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

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 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 BUY. Signal strength is Weak and stock is losing 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 weakening, and bulls are picking up momentum!

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 BUY signal in short term but buying is losing 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 136.73 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 positive

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