(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 2021-11-25 View latest technical analysis
10 day averaged volume of Biocon is 432954
|Date||Daily Closing Price||Open||High||Low||Volume|
|25 Thu Nov 2021||362.70||362.30||364.90||356.40||0.181 times|
|24 Wed Nov 2021||360.00||369.10||369.10||359.00||0.158 times|
|23 Tue Nov 2021||365.75||357.70||372.95||351.35||0.914 times|
|22 Mon Nov 2021||357.75||367.00||367.00||356.30||0.272 times|
|18 Thu Nov 2021||366.80||376.90||378.00||364.00||0.635 times|
|17 Wed Nov 2021||376.90||370.30||377.45||368.15||4.391 times|
|16 Tue Nov 2021||369.40||363.95||370.50||360.00||0.893 times|
|15 Mon Nov 2021||361.70||346.80||362.50||346.65||2.159 times|
|12 Fri Nov 2021||346.80||349.95||349.95||345.05||0.183 times|
|11 Thu Nov 2021||346.55||346.15||348.45||342.75||0.134 times|
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 364.2 as stoploss in an intra day sell trade for a target of 353.68. However, stock will show a bullish move above 364.2.
Share price targets for Biocon (Biocon)
Intraday share price targets for Biocon (Biocon)
|Downside Intraday Target||351.72|
|Downside Intraday Target||340.73|
|Upside Intraday Target||373.32|
|Upside Intraday Target||383.93|
|Downside Intraday Target||362.33|
Weekly technical analysis of Biocon (Biocon)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|25 Thu Nov 2021||362.70||367.00||372.95||351.35||0.189 times|
|18 Thu Nov 2021||366.80||346.80||378.00||346.65||0.965 times|
|12 Fri Nov 2021||346.80||348.75||352.40||342.75||15.328 times|
|04 Thu Nov 2021||348.75||350.00||353.80||343.30||0.247 times|
|29 Fri Oct 2021||350.75||323.95||352.45||314.90||0.643 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|
|25 Thu Nov 2021||362.70||350.00||378.00||342.75||1.991 times|
|29 Fri Oct 2021||350.75||363.80||370.40||314.90||1.315 times|
|30 Thu Sep 2021||362.85||359.00||398.60||350.00||1.427 times|
|31 Tue Aug 2021||358.60||386.55||392.35||327.75||0.665 times|
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Biocon (Biocon)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||25, 18, 17||Buy|
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Biocon stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Biocon in short term and the buy 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 moving up
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 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 369.22 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.