(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 170431
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 319.90 | 329.00 | 329.00 | 317.10 | 0.349 times |
| 13 Fri May 2022 | 326.45 | 330.00 | 335.45 | 324.50 | 0.215 times |
| 12 Thu May 2022 | 327.70 | 334.15 | 334.15 | 324.65 | 0.247 times |
| 11 Wed May 2022 | 334.15 | 335.00 | 336.05 | 327.15 | 0.409 times |
| 10 Tue May 2022 | 330.80 | 338.80 | 343.00 | 328.20 | 0.485 times |
| 09 Mon May 2022 | 338.80 | 347.00 | 349.60 | 337.10 | 0.34 times |
| 06 Fri May 2022 | 348.10 | 360.85 | 360.85 | 347.40 | 0.348 times |
| 05 Thu May 2022 | 361.80 | 373.00 | 373.00 | 360.60 | 0.193 times |
| 04 Wed May 2022 | 366.85 | 368.55 | 376.95 | 364.60 | 4.162 times |
| 02 Mon May 2022 | 372.65 | 361.75 | 377.30 | 361.75 | 2.946 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 334.2, but if it comes above 334.2, then a intra day buy could be more profitable.
If you take a sell trade below 334.2, then use 334.2 as stoploss and 309.4 as target. However if you take a buy trade in stock , then use 334.2 as stoploss and 354.86 as target.
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 317.10 |
| Upside Target | 347.10 |
| Upside Target | 353.40 |
| Upside Target | 367.20 |
| Upside Target | 377.30 |
| Upside Target | 382.45 |
| Upside Target | 384.90 |
| Upside Target | 387.80 |
| Upside Target | 410.50 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 315 |
| Downside Intraday Target | 310.1 |
| Upside Intraday Target | 326.9 |
| Upside Intraday Target | 333.9 |
| Upside Intraday Target | 322 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 319.90 | 329.00 | 329.00 | 317.10 | 0.206 times |
| 13 Fri May 2022 | 326.45 | 347.00 | 349.60 | 324.50 | 0.222 times |
| 06 Fri May 2022 | 348.10 | 361.75 | 377.30 | 347.40 | 1.135 times |
| 29 Fri Apr 2022 | 368.45 | 372.70 | 387.80 | 367.20 | 0.845 times |
| 22 Fri Apr 2022 | 375.65 | 350.00 | 384.90 | 333.75 | 4.987 times |
Price has moved down 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 |
| 16 Mon May 2022 | 319.90 | 361.75 | 377.30 | 317.10 | 0.484 times |
| 29 Fri Apr 2022 | 368.45 | 336.40 | 387.80 | 333.75 | 1.088 times |
| 31 Thu Mar 2022 | 334.55 | 352.30 | 353.40 | 319.00 | 1.02 times |
| 28 Mon Feb 2022 | 348.95 | 367.70 | 410.50 | 347.10 | 0.957 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 | 10, 35, 55 | Sell |
| MACD | -12, -5 | Sell |
| Stochastics | 4 | Sell |
| CCI | -95 | Sell |
| RSI | 47 | Sell |
| OBV | 211546 | Sell |
| VWAP | 360 | Sell |
| ADL | 0 | Sell |
| ROC | -13 | Sell |
| Force Index | 0 | Sell |
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 gaining momentum.
MACD generated a SELL signal for Biocon in short term and the sell signal is strong.
Biocon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 SELL signal for Biocon in short term and SELL signal is strong!
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
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 360.09 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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