(Biocon) Biocon Renko charts technical analysis
(Biocon) Biocon Renko charts technical analysis Renko analysis of Biocon | Buy/Sell Biocon
10 day averaged volume of Biocon is 115110
|06 Mon Feb 2023||241.15||233.40||244.75||231.80||0.244 Mn|
|03 Fri Feb 2023||233.40||242.95||242.95||230.30||0.053 Mn|
|02 Thu Feb 2023||239.15||238.05||241.60||236.75||0.127 Mn|
|01 Wed Feb 2023||239.75||236.10||243.80||236.10||0.213 Mn|
|31 Tue Jan 2023||235.10||234.95||236.00||232.45||0.097 Mn|
|30 Mon Jan 2023||233.80||235.50||235.80||229.70||0.16 Mn|
|27 Fri Jan 2023||235.50||236.05||239.95||232.65||0.259 Mn|
|25 Wed Jan 2023||235.30||245.55||246.00||234.40||0.093 Mn|
|24 Tue Jan 2023||245.90||248.60||250.40||245.45||0.056 Mn|
|23 Mon Jan 2023||248.40||244.55||249.50||244.55||0.051 Mn|
Indicators analysis of Biocon (Biocon)
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 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 Biocon ( (Biocon) ) 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 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 SELL. Signal strength is Strong and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY signal is strong.
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 238.12 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 has given negative 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.
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||13, 27, 34||Sell|