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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 2022-04-29 View latest technical analysis

10 day averaged volume of Biocon is 242368

Date Daily Closing Price Open High Low Volume
29 Fri Apr 2022 368.45 379.70 381.60 367.20 0.461 times
28 Thu Apr 2022 376.50 384.00 384.60 375.55 0.336 times
27 Wed Apr 2022 382.30 377.45 383.80 372.20 0.274 times
26 Tue Apr 2022 379.85 382.90 387.80 376.80 2.435 times
25 Mon Apr 2022 380.70 372.70 383.30 370.85 1.231 times
22 Fri Apr 2022 375.65 374.00 384.90 368.55 2.918 times
21 Thu Apr 2022 373.95 353.00 375.00 350.00 1.612 times
20 Wed Apr 2022 352.60 340.00 353.80 337.50 0.561 times
19 Tue Apr 2022 337.20 345.90 348.35 333.75 0.15 times
18 Mon Apr 2022 342.85 350.00 350.65 338.55 0.364 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 372.7 as stoploss in an intra day sell trade for a target of 357.47. However, stock will show a bullish move above 372.7.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 319.00
Downside Target 331.80
Downside Target 341.85
Downside Target 361.60
Downside Target 367.20
Upside Target 382.45
Upside Target 384.90
Upside Target 387.80
Upside Target 410.50

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 361.17
Downside Intraday Target 353.88
Upside Intraday Target 381.77
Upside Intraday Target 395.08
Upside Intraday Target 374.48

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
29 Fri Apr 2022 368.45 372.70 387.80 367.20 0.845 times
22 Fri Apr 2022 375.65 350.00 384.90 333.75 4.987 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

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
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
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 26, 20, 13 Buy
MACD 11, 8Buy
Stochastics 78Buy
CCI 29Sell
RSI 53Buy
OBV 949763Sell
VWAP 374Sell
ADL 0Sell
ROC 5Buy
Force Index 0Sell

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 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 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 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 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.

Biocon Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Biocon in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 373.9 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.

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Daily charts

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Daily chart

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