(Biocon) Biocon MACD charts technical analysis
(Biocon) Biocon MACD charts technical analysis MACD analysis of Biocon | Buy/Sell Biocon
10 day averaged volume of Biocon is 317950
| Date | Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 271.00 | 263.85 | 272.55 | 262.30 | 0.375 Mn |
| 19 Fri Apr 2024 | 261.70 | 262.85 | 265.50 | 260.00 | 0.347 Mn |
| 18 Thu Apr 2024 | 267.30 | 272.25 | 275.45 | 265.90 | 0.285 Mn |
| 16 Tue Apr 2024 | 263.10 | 265.00 | 269.00 | 262.00 | 0.222 Mn |
| 15 Mon Apr 2024 | 265.45 | 265.60 | 270.35 | 262.20 | 0.365 Mn |
| 12 Fri Apr 2024 | 274.05 | 279.90 | 282.95 | 273.15 | 0.383 Mn |
| 10 Wed Apr 2024 | 278.50 | 272.50 | 283.25 | 271.95 | 0.58 Mn |
| 09 Tue Apr 2024 | 271.45 | 275.05 | 276.80 | 269.50 | 0.233 Mn |
| 08 Mon Apr 2024 | 273.85 | 272.80 | 277.00 | 267.75 | 0.168 Mn |
| 05 Fri Apr 2024 | 270.70 | 271.25 | 272.75 | 269.00 | 0.533 Mn |
Indicators analysis of Biocon (Biocon)
MACD generated a SELL signal for Biocon in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
MACD charts
Price action analysis of Biocon ( (Biocon) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Biocon ( (Biocon) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Biocon stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Biocon in short term but the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 Biocon in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 270.39 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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