(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)
Intraday share price targets for Biocon (Biocon)
|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|
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.