(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 2022-05-02 View latest technical analysis
10 day averaged volume of Biocon is 250620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Mon May 2022 | 372.65 | 361.75 | 377.30 | 361.75 | 2.004 times |
| 29 Fri Apr 2022 | 368.45 | 379.70 | 381.60 | 367.20 | 0.446 times |
| 28 Thu Apr 2022 | 376.50 | 384.00 | 384.60 | 375.55 | 0.325 times |
| 27 Wed Apr 2022 | 382.30 | 377.45 | 383.80 | 372.20 | 0.265 times |
| 26 Tue Apr 2022 | 379.85 | 382.90 | 387.80 | 376.80 | 2.355 times |
| 25 Mon Apr 2022 | 380.70 | 372.70 | 383.30 | 370.85 | 1.19 times |
| 22 Fri Apr 2022 | 375.65 | 374.00 | 384.90 | 368.55 | 2.821 times |
| 21 Thu Apr 2022 | 373.95 | 353.00 | 375.00 | 350.00 | 1.559 times |
| 20 Wed Apr 2022 | 352.60 | 340.00 | 353.80 | 337.50 | 0.542 times |
| 19 Tue Apr 2022 | 337.20 | 345.90 | 348.35 | 333.75 | 0.145 times |
Stock of Biocon (Biocon) has showed a significant upmove. This could be a good time to enter in this stock!
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 374 as stoploss in an intra day sell trade for a target of 359.38. However, stock will show a bullish move above 374.
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 319.00 |
| Downside Target | 333.75 |
| Downside Target | 341.85 |
| Downside Target | 367.20 |
| Upside Target | 377.30 |
| 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 | 363.83 |
| Downside Intraday Target | 355.02 |
| Upside Intraday Target | 379.38 |
| Upside Intraday Target | 386.12 |
| Downside Intraday Target | 370.57 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Mon May 2022 | 372.65 | 361.75 | 377.30 | 361.75 | 0.437 times |
| 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 |
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 |
| 02 Mon May 2022 | 372.65 | 361.75 | 377.30 | 361.75 | 0.147 times |
| 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 |
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 | 23, 22, 2 | Buy |
| MACD | 11, 8 | Buy |
| Stochastics | 72 | Buy |
| CCI | 9 | Sell |
| RSI | 52 | Buy |
| OBV | 1554803 | Sell |
| VWAP | 375 | Sell |
| ADL | 0 | Sell |
| ROC | 9 | Buy |
| Force Index | 0 | Sell |
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 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 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 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Biocon is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 374.62 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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