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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 70472

Date Daily Closing Price Open High Low Volume
25 Wed May 2022 324.50 332.40 332.40 322.90 0.584 times
24 Tue May 2022 329.15 342.55 342.55 328.10 0.685 times
23 Mon May 2022 337.80 340.20 343.80 336.65 0.526 times
20 Fri May 2022 339.65 325.55 340.80 325.55 2.076 times
19 Thu May 2022 322.95 331.00 336.95 321.60 1.215 times
18 Wed May 2022 337.90 335.00 347.05 332.10 1.771 times
17 Tue May 2022 330.30 321.05 332.00 320.35 0.777 times
16 Mon May 2022 319.90 329.00 329.00 317.10 0.844 times
13 Fri May 2022 326.45 330.00 335.45 324.50 0.52 times
12 Thu May 2022 327.70 334.15 334.15 324.65 0.597 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 324.4 as stoploss in an intra day buy trade for a target of 343.84. However, stock will show a bearish move below 324.4.

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 317
Downside Intraday Target 309.5
Upside Intraday Target 337.9
Upside Intraday Target 351.3
Upside Intraday Target 330.4

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
25 Wed May 2022 324.50 340.20 343.80 322.90 0.269 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
25 Wed May 2022 324.50 361.75 377.30 317.10 0.641 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 17, 32, 30 Sell
MACD -12, -11Sell
Stochastics 45None
CCI -59Sell
RSI 53Buy
OBV -1111584Sell
VWAP 331Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Biocon ( (Biocon) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Biocon ( (Biocon) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 BUY signal in short term and the buying is gaining 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 331.49 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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