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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)

10 day averaged volume of Panacea Biotec is 70880

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 136.95 136.20 138.05 135.20 0.674 times
16 Thu May 2024 136.20 137.05 138.80 134.35 0.95 times
15 Wed May 2024 136.85 134.25 141.35 134.25 1.875 times
14 Tue May 2024 133.85 136.15 138.40 132.20 1.162 times
13 Mon May 2024 136.15 132.15 138.90 130.10 0.94 times

My analysis of stock is bearish for shortterm, and stock might move down till 135 or till 130.8. Use a stoploss of 138.45 and if the stock hits stoploss, then it can shoot up till 141.94

Share price targets for Panacea Biotec (PANACEABIO)

Target Type Value
Downside Target 120.30
Downside Target 130.10
Downside 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 130.92
Downside Intraday Target 124.88
Upside Intraday Target 142.17
Upside Intraday Target 147.38
Downside Intraday Target 136.13

Weekly technical analysis of Panacea Biotec (PANACEABIO)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 136.95 132.15 141.35 130.10 1.273 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
17 Fri May 2024 136.95 142.70 143.30 130.10 0.254 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 18, 13, 17 Buy
MACD -3, -3Buy
Stochastics 54None
CCI 14Buy
RSI 60Buy
OBV -43248Sell
VWAP 136Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY signal for Panacea Biotec in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Panacea Biotec Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Panacea Biotec in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 135.59 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 positive

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

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