Stock analysis Panacea Biotec Limited PANACEABIO
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Recent prices of PANACEABIO Panacea Biotec Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 29 Wed Jan 2025 | 316.25 | 311.55 to 339.00 | -3.57% | 5.03 times |
| 28 Tue Jan 2025 | 327.95 | 327.95 to 350.00 | -5% | 2.77 times |
| 27 Mon Jan 2025 | 345.20 | 345.20 to 345.20 | -5% | 0.07 times |
| 24 Fri Jan 2025 | 363.35 | 363.35 to 378.25 | -4.99% | 2.15 times |
| 23 Thu Jan 2025 | 382.45 | 382.45 to 400.00 | -4.99% | 0.9 times |
| 22 Wed Jan 2025 | 402.55 | 402.50 to 420.00 | -4.98% | 1.21 times |
| 21 Tue Jan 2025 | 423.65 | 423.65 to 464.00 | -5% | 1.38 times |
| 20 Mon Jan 2025 | 445.95 | 421.05 to 446.00 | 4.98% | 0.6 times |
| 17 Fri Jan 2025 | 424.80 | 417.00 to 430.00 | 0.95% | 0.22 times |
| 16 Thu Jan 2025 | 420.80 | 415.90 to 429.00 | 1.18% | 0.3 times |
| 15 Wed Jan 2025 | 415.90 | 406.05 to 428.25 | 0.31% | 0.39 times |
| 14 Tue Jan 2025 | 414.60 | 409.10 to 431.00 | -1.27% | 0.68 times |
Technical analysis forecast for Panacea Biotec Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Panacea Biotec Limited PANACEABIO at this time. Stock is falling and might fall more.
It appears as if Panacea Biotec Limited PANACEABIO gave a large move recently.
Stock of Panacea Biotec Limited (PANACEABIO) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Panacea Biotec Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Panacea Biotec Limited stays below 340.7, but if it comes above 340.7, then a intra day buy could be more profitable.
If you take a sell trade below 340.7, then use 340.7 as stoploss and 292.9 as target. However if you take a buy trade in Panacea Biotec Limited, then use 340.7 as stoploss and 380.59 as target.