(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 137072
| Date | Closing Price | Open | High | Low | Volume |
| 08 Wed Feb 2023 | 244.25 | 233.40 | 245.30 | 231.80 | 0.418 Mn |
| 03 Fri Feb 2023 | 233.40 | 235.50 | 243.80 | 229.70 | 0.65 Mn |
| 27 Fri Jan 2023 | 235.50 | 244.55 | 250.40 | 232.65 | 0.458 Mn |
| 20 Fri Jan 2023 | 245.00 | 250.00 | 254.05 | 244.60 | 0.348 Mn |
| 13 Fri Jan 2023 | 252.10 | 256.65 | 259.80 | 246.35 | 0.401 Mn |
| 06 Fri Jan 2023 | 256.30 | 261.80 | 265.90 | 254.65 | 0.513 Mn |
| 30 Fri Dec 2022 | 261.80 | 267.15 | 270.30 | 260.35 | 0.381 Mn |
| 23 Fri Dec 2022 | 267.10 | 266.15 | 276.85 | 259.25 | 0.593 Mn |
| 16 Fri Dec 2022 | 266.00 | 272.35 | 274.10 | 265.15 | 1.867 Mn |
| 09 Fri Dec 2022 | 272.30 | 283.10 | 284.90 | 270.55 | 3.75 Mn |
Indicators analysis of Biocon (Biocon)
Price action analysis of Biocon ( (Biocon) ) based on a short 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 short 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 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 SELL signal for Biocon in short term and the sell signal is strong.
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 below 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 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 261.8 and Biocon (Biocon) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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.
Weekly charts
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 6, 30, 66 | Sell |
| MACD | -36, -34 | Sell |
| Stochastics | 13 | Sell |
| CCI | -82 | Buy |
| RSI | 49 | Sell |
| OBV | -4446023 | Sell |
| VWAP | 262 | Sell |
| ADL | 0 | Sell |
| ROC | -14 | Sell |
| Force Index | 0 | Sell |
Click here for further forecast and predictions for tomorrow