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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 2022-04-18 View latest technical analysis

10 day averaged volume of Biocon is 96882

Date Daily Closing Price Open High Low Volume
18 Mon Apr 2022 342.85 350.00 350.65 338.55 0.909 times
13 Wed Apr 2022 350.75 349.95 354.55 348.60 0.301 times
12 Tue Apr 2022 349.05 347.90 352.75 342.30 1.331 times
11 Mon Apr 2022 351.75 357.00 361.60 350.05 1.179 times
08 Fri Apr 2022 355.15 355.00 357.40 353.15 0.502 times
07 Thu Apr 2022 352.55 352.60 355.80 348.65 2.767 times
06 Wed Apr 2022 350.10 346.95 352.50 345.90 0.973 times
05 Tue Apr 2022 347.20 349.00 349.80 345.45 0.479 times
04 Mon Apr 2022 346.30 341.95 347.95 341.85 1.123 times
01 Fri Apr 2022 341.95 336.40 342.80 336.40 0.721 times

My analysis of stock is bearish for shortterm, and stock might move down till 336.8 or till 328.3. Use a stoploss of 343.86 and if the stock hits stoploss, then it can shoot up till 350.94

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 319.00
Downside Target 328.60
Upside Target 350.95
Upside Target 352.55
Upside Target 353.40
Upside Target 357.40
Upside Target 361.60
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 337.38
Downside Intraday Target 331.92
Upside Intraday Target 349.48
Upside Intraday Target 356.12
Upside Intraday Target 344.02

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
18 Mon Apr 2022 342.85 350.00 350.65 338.55 0.323 times
13 Wed Apr 2022 350.75 357.00 361.60 342.30 0.481 times
08 Fri Apr 2022 355.15 341.95 357.40 341.85 1.27 times
01 Fri Apr 2022 341.95 352.55 352.55 331.80 0.847 times
25 Fri Mar 2022 348.90 333.95 350.95 328.60 1.285 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
18 Mon Apr 2022 342.85 336.40 361.60 336.40 0.318 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
31 Mon Jan 2022 367.40 363.10 382.45 347.10 1.178 times

Scroll below to view daily charts

Price has moved up 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, 28, 15 Sell
MACD -3, -5Buy
Stochastics 49None
CCI -85Sell
RSI 44Sell
OBV 380110Sell
VWAP 349Sell
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 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 to mid 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 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 gaining momentum.

MACD generated a BUY signal for Biocon in short term but the buy signal is initial and weak.

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 below the red cloud Prices appear to be coming down

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 349.32 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 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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Daily chart

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