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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 2021-09-15 View latest technical analysis

10 day averaged volume of Biocon is 64077

Date Daily Closing Price Open High Low Volume
15 Wed Sep 2021 357.35 357.00 359.95 355.50 1.274 times
14 Tue Sep 2021 355.70 352.70 356.45 352.70 0.727 times
13 Mon Sep 2021 353.55 352.80 354.85 350.00 1.382 times
09 Thu Sep 2021 352.80 352.65 356.00 350.20 1.089 times
08 Wed Sep 2021 355.60 363.00 363.00 353.80 1.053 times
07 Tue Sep 2021 356.70 363.90 363.90 354.55 0.461 times
06 Mon Sep 2021 361.35 365.00 366.05 360.75 0.593 times
03 Fri Sep 2021 363.30 359.50 365.70 357.90 2.24 times
02 Thu Sep 2021 358.70 359.60 359.60 355.20 0.653 times
01 Wed Sep 2021 354.70 359.00 359.45 353.00 1.08 times

My analysis of stock is bullish for shortterm, and stock might move up till 363.1 or till 373. Use a stoploss of 354.84 and if this stock hits its stoploss, then it can fall down till 346.59

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 327.75
Downside Target 348.95
Upside Target 366.05
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 351.58
Downside Intraday Target 345.82
Upside Intraday Target 361.53
Upside Intraday Target 365.72
Downside Intraday Target 355.77

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
15 Wed Sep 2021 357.35 352.80 359.95 350.00 1.058 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
15 Wed Sep 2021 357.35 359.00 366.05 350.00 0.315 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 18, 25, 16 Sell
MACD -11, -13Buy
Stochastics 36None
CCI 9Buy
RSI 46Sell
OBV -257989Sell
VWAP 357Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Biocon ( (Biocon) ) based on a short 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 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 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 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 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 buy signal for Biocon in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 357.37 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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