(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 75997
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 337.80 | 340.20 | 343.80 | 336.65 | 0.488 times |
| 20 Fri May 2022 | 339.65 | 325.55 | 340.80 | 325.55 | 1.925 times |
| 19 Thu May 2022 | 322.95 | 331.00 | 336.95 | 321.60 | 1.127 times |
| 18 Wed May 2022 | 337.90 | 335.00 | 347.05 | 332.10 | 1.642 times |
| 17 Tue May 2022 | 330.30 | 321.05 | 332.00 | 320.35 | 0.72 times |
| 16 Mon May 2022 | 319.90 | 329.00 | 329.00 | 317.10 | 0.783 times |
| 13 Fri May 2022 | 326.45 | 330.00 | 335.45 | 324.50 | 0.483 times |
| 12 Thu May 2022 | 327.70 | 334.15 | 334.15 | 324.65 | 0.553 times |
| 11 Wed May 2022 | 334.15 | 335.00 | 336.05 | 327.15 | 0.916 times |
| 10 Tue May 2022 | 330.80 | 338.80 | 343.00 | 328.20 | 1.088 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 327.9 as stoploss in an intra day buy trade for a target of 349.18. However, stock will show a bearish move below 327.9.
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 317.10 |
| Downside 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 | 335.03 |
| Downside Intraday Target | 332.27 |
| Upside Intraday Target | 342.18 |
| Upside Intraday Target | 346.57 |
| Upside Intraday Target | 339.42 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 337.80 | 340.20 | 343.80 | 336.65 | 0.079 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 |
| 23 Mon May 2022 | 337.80 | 361.75 | 377.30 | 317.10 | 0.615 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 | 21, 26, 11 | Sell |
| MACD | -11, -11 | Sell |
| Stochastics | 51 | None |
| CCI | 116 | Buy |
| RSI | 53 | Buy |
| OBV | -16699 | Sell |
| VWAP | 332 | Buy |
| ADL | 0 | Sell |
| ROC | -0 | Sell |
| Force Index | 0 | Sell |
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 term time period is
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
ADX buy sell signal for Biocon stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Biocon in short term and the sell signal is strong.
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 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 buy signal for Biocon in short term and BUY 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 332.2 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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