(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 2021-09-09 View latest technical analysis
10 day averaged volume of Biocon is 70489
|Date||Daily Closing Price||Open||High||Low||Volume|
|09 Thu Sep 2021||352.80||352.65||356.00||350.20||0.99 times|
|08 Wed Sep 2021||355.60||363.00||363.00||353.80||0.957 times|
|07 Tue Sep 2021||356.70||363.90||363.90||354.55||0.419 times|
|06 Mon Sep 2021||361.35||365.00||366.05||360.75||0.539 times|
|03 Fri Sep 2021||363.30||359.50||365.70||357.90||2.037 times|
|02 Thu Sep 2021||358.70||359.60||359.60||355.20||0.593 times|
|01 Wed Sep 2021||354.70||359.00||359.45||353.00||0.982 times|
|31 Tue Aug 2021||358.60||356.55||360.00||352.15||0.657 times|
|30 Mon Aug 2021||356.55||349.50||358.00||348.95||1.642 times|
|27 Fri Aug 2021||346.80||339.00||347.80||339.00||0.915 times|
My analysis of stock is bearish for shortterm, and stock might move down till 347 or till 334.9. Use a stoploss of 357.15 and if the stock hits stoploss, then it can shoot up till 367.28
Share price targets for Biocon (Biocon)
Intraday share price targets for Biocon (Biocon)
|Downside Intraday Target||346.65|
|Downside Intraday Target||340.5|
|Upside Intraday Target||362.5|
|Upside Intraday Target||372.2|
|Upside Intraday Target||356.35|
Weekly technical analysis of Biocon (Biocon)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|09 Thu Sep 2021||352.80||365.00||366.05||350.20||0.491 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|
|09 Thu Sep 2021||352.80||359.00||366.05||350.20||0.214 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||14, 29, 36||Sell|
Price action analysis of Biocon ( (Biocon) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 356.93 and Biocon (Biocon) stock is trading below this level. This means that stock is falling with high volumes. 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.