(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 2021-11-29 View latest technical analysis
10 day averaged volume of Biocon is 451693
|Date||Daily Closing Price||Open||High||Low||Volume|
|29 Mon Nov 2021||364.40||365.15||372.00||347.80||0.378 times|
|26 Fri Nov 2021||362.65||359.45||373.40||359.15||0.619 times|
|25 Thu Nov 2021||362.70||362.30||364.90||356.40||0.174 times|
|24 Wed Nov 2021||360.00||369.10||369.10||359.00||0.152 times|
|23 Tue Nov 2021||365.75||357.70||372.95||351.35||0.877 times|
|22 Mon Nov 2021||357.75||367.00||367.00||356.30||0.261 times|
|18 Thu Nov 2021||366.80||376.90||378.00||364.00||0.609 times|
|17 Wed Nov 2021||376.90||370.30||377.45||368.15||4.209 times|
|16 Tue Nov 2021||369.40||363.95||370.50||360.00||0.856 times|
|15 Mon Nov 2021||361.70||346.80||362.50||346.65||2.069 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 365.6 as stoploss in an intra day sell trade for a target of 356.3. However, stock will show a bullish move above 365.6.
Share price targets for Biocon (Biocon)
Intraday share price targets for Biocon (Biocon)
|Downside Intraday Target||350.8|
|Downside Intraday Target||337.2|
|Upside Intraday Target||375|
|Upside Intraday Target||385.6|
|Downside Intraday Target||361.4|
Weekly technical analysis of Biocon (Biocon)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|29 Mon Nov 2021||364.40||365.15||372.00||347.80||0.182 times|
|26 Fri Nov 2021||362.65||367.00||373.40||351.35||0.269 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|
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|
|29 Mon Nov 2021||364.40||350.00||378.00||342.75||2.102 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||24, 22, 4||Buy|
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 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 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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 369.32 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.