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(Biocon) Biocon complete technical analysis [charts+indicators] | Buy/Sell Biocon | (Biocon) share price targets

Complete technical analysis of Biocon (Biocon) by charts plus indicators, forecast predictions and share price targets for Biocon (Biocon)

10 day averaged volume of Biocon is 260712

Date Daily Closing Price Open High Low Volume
27 Wed Oct 2021 337.00 333.75 341.55 333.75 0.898 times
26 Tue Oct 2021 333.75 323.65 335.00 320.20 0.473 times
25 Mon Oct 2021 321.25 323.95 326.95 314.90 1.031 times
22 Fri Oct 2021 323.95 344.40 344.40 322.50 2.029 times
21 Thu Oct 2021 345.10 347.55 349.00 338.00 0.466 times
20 Wed Oct 2021 341.75 346.85 346.85 340.80 1.644 times
19 Tue Oct 2021 344.25 342.05 348.55 339.35 0.705 times
18 Mon Oct 2021 342.55 347.80 349.50 341.55 0.858 times
14 Thu Oct 2021 347.80 353.00 354.45 347.10 0.281 times
13 Wed Oct 2021 352.25 362.00 362.00 351.25 2.327 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 336.9 as stoploss in an intra day buy trade for a target of 349.99. However, stock will show a bearish move below 336.9.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 314.90
Downside Target 322.50
Upside Target 341.55
Upside Target 363.80
Upside Target 370.40
Upside Target 376.95
Upside Target 382.85
Upside Target 392.35
Upside Target 398.60
Upside Target 414.30
Upside Target 420.25

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 320.75
Downside Intraday Target 304.5
Upside Intraday Target 347.4
Upside Intraday Target 357.8
Downside Intraday Target 331.15

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
27 Wed Oct 2021 337.00 323.95 341.55 314.90 0.421 times
22 Fri Oct 2021 323.95 347.80 349.50 322.50 1.239 times
14 Thu Oct 2021 347.80 356.60 363.80 347.10 4.32 times
08 Fri Oct 2021 358.85 368.50 370.40 355.90 0.543 times
01 Fri Oct 2021 365.15 353.90 369.00 352.75 0.517 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Biocon (Biocon)

Date Monthly Closing Price Open High Low Volume
27 Wed Oct 2021 337.00 363.80 370.40 314.90 1.208 times
30 Thu Sep 2021 362.85 359.00 398.60 350.00 1.427 times
31 Tue Aug 2021 358.60 386.55 392.35 327.75 0.665 times
30 Fri Jul 2021 386.55 404.50 414.30 376.95 0.912 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Biocon (Biocon)

Indicator Name Indicator Value Indicator Signal
ADX 19, 33, 27 Sell
MACD -15, -13Sell
Stochastics 33None
CCI -20Buy
RSI 41Sell
OBV -875845Sell
VWAP 338Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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 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 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 but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 338.47 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.

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Daily charts

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Daily chart

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