(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 69705
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 333.25 | 330.70 | 333.85 | 326.85 | 1.06 times |
| 26 Thu May 2022 | 325.35 | 328.00 | 328.00 | 321.20 | 0.902 times |
| 25 Wed May 2022 | 324.50 | 332.40 | 332.40 | 322.90 | 0.591 times |
| 24 Tue May 2022 | 329.15 | 342.55 | 342.55 | 328.10 | 0.693 times |
| 23 Mon May 2022 | 337.80 | 340.20 | 343.80 | 336.65 | 0.532 times |
| 20 Fri May 2022 | 339.65 | 325.55 | 340.80 | 325.55 | 2.098 times |
| 19 Thu May 2022 | 322.95 | 331.00 | 336.95 | 321.60 | 1.229 times |
| 18 Wed May 2022 | 337.90 | 335.00 | 347.05 | 332.10 | 1.791 times |
| 17 Tue May 2022 | 330.30 | 321.05 | 332.00 | 320.35 | 0.785 times |
| 16 Mon May 2022 | 319.90 | 329.00 | 329.00 | 317.10 | 0.853 times |
My analysis of stock is bearish for shortterm, and stock might move down till 323 or till 304.1. Use a stoploss of 338.83 and if the stock hits stoploss, then it can shoot up till 354.61
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 317.10 |
| Upside Target | 333.75 |
| Upside Target | 343.80 |
| Upside Target | 353.40 |
| Upside Target | 367.20 |
| Upside Target | 377.30 |
| Upside Target | 382.45 |
| Upside Target | 387.80 |
| Upside Target | 410.50 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 321.7 |
| Downside Intraday Target | 310.15 |
| Upside Intraday Target | 344.3 |
| Upside Intraday Target | 355.35 |
| Downside Intraday Target | 332.75 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 333.25 | 340.20 | 343.80 | 321.20 | 0.559 times |
| 20 Fri May 2022 | 339.65 | 329.00 | 347.05 | 317.10 | 1.629 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 |
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 |
| 27 Fri May 2022 | 333.25 | 361.75 | 377.30 | 317.10 | 0.681 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 | 20, 29, 18 | Sell |
| MACD | -12, -12 | Sell |
| Stochastics | 35 | None |
| CCI | 9 | Buy |
| RSI | 51 | Buy |
| OBV | -451193 | Sell |
| VWAP | 332 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| 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 Weak 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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 331.61 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.
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