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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 2024-08-30 View latest technical analysis

10 day averaged volume of Panacea Biotec is 1688736

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	224.26	228.00	237.80	220.25	0.401 times
29 Thu Aug 2024	230.71	246.90	247.19	227.00	0.448 times
28 Wed Aug 2024	247.52	246.01	257.80	242.00	0.462 times
27 Tue Aug 2024	244.93	239.90	262.60	231.55	1.496 times
26 Mon Aug 2024	238.75	202.00	240.24	200.05	1.843 times
23 Fri Aug 2024	200.20	207.15	208.50	195.48	0.373 times
22 Thu Aug 2024	206.44	210.50	212.90	197.35	0.58 times
21 Wed Aug 2024	208.54	195.00	214.40	188.31	1.406 times
20 Tue Aug 2024	193.64	183.20	195.52	177.30	1.554 times
19 Mon Aug 2024	181.34	166.00	186.00	161.42	1.356 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 222, but if it comes below 222, then a intra day sell could be more profitable.
If you take a sell trade below 222, then use 222 as stoploss and 181.57 as target. However if you take a buy trade in stock , then use 222 as stoploss and 270.4 as target.

Share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Target	112.35
Downside Target	121.90
Downside Target	128.15
Downside Target	138.60
Downside Target	143.99
Downside Target	161.25
Downside Target	161.42
Downside Target	171.95
Downside Target	200.05
Downside Target	214.40
Upside Target	262.60

Intraday share price targets for Panacea Biotec (PANACEABIO)

Target Type	Value
Downside Intraday Target	195.34
Downside Intraday Target	166.42
Upside Intraday Target	257.89
Upside Intraday Target	291.52
Upside Intraday Target	228.97

Weekly technical analysis of Panacea Biotec (PANACEABIO)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	224.26	202.00	262.60	200.05	0.883 times
23 Fri Aug 2024	200.20	166.00	214.40	161.42	0.894 times
16 Fri Aug 2024	164.87	133.56	171.95	133.47	18.409 times
09 Fri Aug 2024	134.31	131.76	138.60	131.76	0.708 times
02 Fri Aug 2024	138.76	138.66	145.44	135.31	1.703 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
30 Fri Aug 2024	224.26	143.00	262.60	131.76	6.011 times
31 Wed Jul 2024	142.23	134.05	147.60	130.00	1.432 times
28 Fri Jun 2024	133.99	133.50	143.99	112.35	1.697 times
31 Fri May 2024	131.00	142.70	144.40	128.15	0.578 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 mid to longer 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.

ADX buy sell signal for Panacea Biotec stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Panacea Biotec in short term and the buy signal is strong.

Panacea Biotec Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Panacea Biotec in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 216.61 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 rising upwards.

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 is giving positive 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.