(Biocon) Biocon ForceIndex charts technical analysis
(Biocon) Biocon ForceIndex charts technical analysis ForceIndex analysis of Biocon | Buy/Sell Biocon
10 day averaged volume of Biocon is 135731
| Date | Closing Price | Open | High | Low | Volume |
| 06 Wed Dec 2023 | 240.40 | 242.10 | 244.30 | 240.05 | 0.085 Mn |
| 05 Tue Dec 2023 | 243.00 | 241.05 | 243.50 | 240.30 | 0.234 Mn |
| 04 Mon Dec 2023 | 240.70 | 244.70 | 244.70 | 238.90 | 0.107 Mn |
| 01 Fri Dec 2023 | 240.65 | 240.05 | 245.00 | 240.05 | 0.3 Mn |
| 30 Thu Nov 2023 | 238.45 | 238.45 | 239.10 | 236.10 | 0.099 Mn |
| 29 Wed Nov 2023 | 236.45 | 234.00 | 237.40 | 233.70 | 0.19 Mn |
| 28 Tue Nov 2023 | 233.15 | 235.20 | 236.25 | 231.35 | 0.102 Mn |
| 24 Fri Nov 2023 | 235.20 | 235.05 | 238.90 | 234.70 | 0.07 Mn |
| 23 Thu Nov 2023 | 234.55 | 236.00 | 236.30 | 233.30 | 0.037 Mn |
| 22 Wed Nov 2023 | 235.95 | 234.05 | 237.60 | 234.00 | 0.099 Mn |
Indicators analysis of Biocon (Biocon)
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
ForceIndex charts
Price action analysis of Biocon ( (Biocon) ) 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 Biocon ( (Biocon) ) 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 Biocon ( (Biocon) ) 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 Biocon ( (Biocon) ) 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 Biocon stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Biocon 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.
Biocon 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 red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Biocon in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Biocon is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 238.9 and Biocon (Biocon) 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 Biocon (Biocon) stock. Volume based technical analysis of Biocon (Biocon) stock is negative.
Biocon 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.
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