(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)
Intraday share price targets for Biocon (Biocon)
|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|
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.