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 |
| 02 Thu May 2024 | 140.65 | 139.80 to 143.30 | -0.53% | 0.56 times |
| 30 Tue Apr 2024 | 141.40 | 141.00 to 144.80 | -0.91% | 0.68 times |
| 29 Mon Apr 2024 | 142.70 | 142.00 to 146.45 | -0.66% | 0.68 times |
| 26 Fri Apr 2024 | 143.65 | 143.00 to 148.50 | -1.95% | 0.76 times |
| 25 Thu Apr 2024 | 146.50 | 140.70 to 149.90 | 3.21% | 3.61 times |
| 24 Wed Apr 2024 | 141.95 | 138.10 to 146.50 | 2.79% | 1.18 times |
| 23 Tue Apr 2024 | 138.10 | 137.00 to 139.80 | 0.07% | 0.58 times |
| 22 Mon Apr 2024 | 138.00 | 137.15 to 139.95 | 1.17% | 0.63 times |
| 19 Fri Apr 2024 | 136.40 | 134.70 to 137.90 | -0.76% | 0.86 times |
| 18 Thu Apr 2024 | 137.45 | 136.50 to 141.60 | -1.04% | 0.54 times |
| 16 Tue Apr 2024 | 138.90 | 135.80 to 140.65 | 1.05% | 0.51 times |
| 15 Mon Apr 2024 | 137.45 | 136.75 to 143.00 | -4.68% | 1.05 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, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Panacea Biotec Limited is bearish for shortterm, and stock might move down till 137.4 or till 133.4. Use a stoploss of 140.73 and if the stock hits stoploss, then it can shoot up till 144.07