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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)

Showing technical analysis as on 2021-09-13 View latest technical analysis

10 day averaged volume of Biocon is 68584

Date Daily Closing Price Open High Low Volume
13 Mon Sep 2021 353.55 352.80 354.85 350.00 1.291 times
09 Thu Sep 2021 352.80 352.65 356.00 350.20 1.017 times
08 Wed Sep 2021 355.60 363.00 363.00 353.80 0.983 times
07 Tue Sep 2021 356.70 363.90 363.90 354.55 0.431 times
06 Mon Sep 2021 361.35 365.00 366.05 360.75 0.554 times
03 Fri Sep 2021 363.30 359.50 365.70 357.90 2.093 times
02 Thu Sep 2021 358.70 359.60 359.60 355.20 0.61 times
01 Wed Sep 2021 354.70 359.00 359.45 353.00 1.009 times
31 Tue Aug 2021 358.60 356.55 360.00 352.15 0.675 times
30 Mon Aug 2021 356.55 349.50 358.00 348.95 1.687 times

My analysis of stock is bearish for shortterm, and stock might move down till 346.8 or till 335.5. Use a stoploss of 356.11 and if the stock hits stoploss, then it can shoot up till 365.46

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 327.75
Downside Target 348.95
Upside Target 362.25
Upside Target 370.15
Upside Target 373.65
Upside Target 376.95
Upside Target 382.85
Upside Target 392.35
Upside Target 393.70
Upside Target 414.30
Upside Target 420.25

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 350.75
Downside Intraday Target 347.95
Upside Intraday Target 355.6
Upside Intraday Target 357.65
Downside Intraday Target 352.8

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
13 Mon Sep 2021 353.55 352.80 354.85 350.00 0.433 times
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

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
13 Mon Sep 2021 353.55 359.00 366.05 350.00 0.255 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 13, 28, 36 Sell
MACD -12, -14Buy
Stochastics 46None
CCI -113Sell
RSI 49Sell
OBV -405000Sell
VWAP 357Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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. 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 moving up

CCI has generated a SELL signal for Biocon in short term and SELL signal is strong!

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 357.42 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.

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