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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 2022-05-05 View latest technical analysis

10 day averaged volume of Biocon is 359322

Date Daily Closing Price Open High Low Volume
05 Thu May 2022 361.80 373.00 373.00 360.60 0.091 times
04 Wed May 2022 366.85 368.55 376.95 364.60 1.974 times
02 Mon May 2022 372.65 361.75 377.30 361.75 1.398 times
29 Fri Apr 2022 368.45 379.70 381.60 367.20 0.311 times
28 Thu Apr 2022 376.50 384.00 384.60 375.55 0.226 times
27 Wed Apr 2022 382.30 377.45 383.80 372.20 0.185 times
26 Tue Apr 2022 379.85 382.90 387.80 376.80 1.642 times
25 Mon Apr 2022 380.70 372.70 383.30 370.85 0.83 times
22 Fri Apr 2022 375.65 374.00 384.90 368.55 1.968 times
21 Thu Apr 2022 373.95 353.00 375.00 350.00 1.087 times

My analysis of stock is bullish for shortterm, and stock might move up till 375.1 or till 391.6. Use a stoploss of 361.4 and if this stock hits its stoploss, then it can fall down till 347.69

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 319.00
Downside Target 333.75
Downside Target 341.85
Upside 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 355.83
Downside Intraday Target 349.87
Upside Intraday Target 372.53
Upside Intraday Target 383.27
Upside Intraday Target 366.57

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
05 Thu May 2022 361.80 361.75 377.30 360.60 1.084 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 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
05 Thu May 2022 361.80 361.75 377.30 360.60 0.364 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 down 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 18, 21, 7 Sell
MACD 9, 9Sell
Stochastics 54None
CCI -115Sell
RSI 52Buy
OBV 803094Sell
VWAP 374Sell
ADL 0Sell
ROC 3Buy
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 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 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 SELL signal for Biocon in short term but the sell 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. 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 coming down

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 and the buying is gaining 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 374.17 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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