(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)
Showing technical analysis as on 2021-09-08 View latest technical analysis
10 day averaged volume of Biocon is 72583
|Date||Daily Closing Price||Open||High||Low||Volume|
|08 Wed Sep 2021||355.60||363.00||363.00||353.80||0.929 times|
|07 Tue Sep 2021||356.70||363.90||363.90||354.55||0.407 times|
|06 Mon Sep 2021||361.35||365.00||366.05||360.75||0.523 times|
|03 Fri Sep 2021||363.30||359.50||365.70||357.90||1.978 times|
|02 Thu Sep 2021||358.70||359.60||359.60||355.20||0.576 times|
|01 Wed Sep 2021||354.70||359.00||359.45||353.00||0.954 times|
|31 Tue Aug 2021||358.60||356.55||360.00||352.15||0.638 times|
|30 Mon Aug 2021||356.55||349.50||358.00||348.95||1.594 times|
|27 Fri Aug 2021||346.80||339.00||347.80||339.00||0.888 times|
|26 Thu Aug 2021||340.90||347.15||349.25||340.05||1.224 times|
My analysis of stock is bearish for shortterm, and stock might move down till 347.5 or till 334.8. Use a stoploss of 358.14 and if the stock hits stoploss, then it can shoot up till 368.75
Share price targets for Biocon (Biocon)
Intraday share price targets for Biocon (Biocon)
|Downside Intraday Target||350.92|
|Downside Intraday Target||346.23|
|Upside Intraday Target||363.17|
|Upside Intraday Target||370.73|
|Upside Intraday Target||358.48|
Weekly technical analysis of Biocon (Biocon)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|08 Wed Sep 2021||355.60||365.00||366.05||353.80||0.324 times|
|03 Fri Sep 2021||363.30||349.50||365.70||348.95||0.507 times|
|27 Fri Aug 2021||346.80||360.00||362.25||327.75||2.112 times|
|20 Fri Aug 2021||357.55||371.35||373.65||353.95||1.006 times|
|13 Fri Aug 2021||371.35||383.75||385.05||366.20||0.997 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|
|08 Wed Sep 2021||355.60||359.00||366.05||353.00||0.182 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|
|30 Wed Jun 2021||404.40||389.20||420.25||382.85||1.364 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||15, 27, 30||Sell|
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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Biocon in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Biocon Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 355.31 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.