(Biocon) Biocon Weekly charts technical analysis
(Biocon) Biocon Weekly charts technical analysis Weekly analysis of Biocon | Buy/Sell Biocon
10 day averaged volume of Biocon is 181932
| Date | Closing Price | Open | High | Low | Volume |
| 25 Tue Jan 2022 | 373.40 | 378.40 | 379.50 | 365.95 | 1.224 Mn |
| 21 Fri Jan 2022 | 376.60 | 363.00 | 382.45 | 347.10 | 1.038 Mn |
| 14 Fri Jan 2022 | 357.60 | 359.50 | 374.20 | 353.80 | 0.41 Mn |
| 07 Fri Jan 2022 | 358.45 | 363.10 | 369.55 | 356.65 | 0.255 Mn |
| 31 Fri Dec 2021 | 364.60 | 356.70 | 367.40 | 351.50 | 0.422 Mn |
| 24 Fri Dec 2021 | 354.45 | 352.95 | 376.00 | 343.10 | 0.668 Mn |
| 17 Fri Dec 2021 | 352.95 | 373.25 | 383.45 | 349.70 | 0.548 Mn |
| 10 Fri Dec 2021 | 372.25 | 370.00 | 387.80 | 357.80 | 0.616 Mn |
| 03 Fri Dec 2021 | 366.80 | 365.15 | 378.40 | 347.80 | 0.845 Mn |
| 26 Fri Nov 2021 | 362.65 | 367.00 | 373.40 | 351.35 | 0.94 Mn |
Indicators analysis of Biocon (Biocon)
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 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 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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
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 buy signal for Biocon in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Biocon is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 366.09 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.
Weekly charts
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 16, 11, 17 | Buy |
| MACD | -7, -11 | Buy |
| Stochastics | 59 | None |
| CCI | 136 | Buy |
| RSI | 59 | Buy |
| OBV | -1630114 | Sell |
| VWAP | 366 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
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