(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 2022-07-22 View latest technical analysis
10 day averaged volume of Biocon is 131105
|Date||Daily Closing Price||Open||High||Low||Volume|
|22 Fri Jul 2022||327.55||328.55||334.50||325.35||1.6 times|
|21 Thu Jul 2022||331.35||326.55||333.80||324.90||0.647 times|
|20 Wed Jul 2022||326.05||330.85||330.85||324.85||0.34 times|
|19 Tue Jul 2022||328.80||332.15||341.50||327.80||0.682 times|
|18 Mon Jul 2022||332.15||331.10||335.00||329.15||4.203 times|
|14 Thu Jul 2022||331.75||328.75||335.55||327.80||0.901 times|
|13 Wed Jul 2022||329.25||325.25||331.30||323.85||1.29 times|
|12 Tue Jul 2022||324.35||329.80||331.80||323.90||0.314 times|
|11 Mon Jul 2022||328.65||320.00||329.75||320.00||1.064 times|
|08 Fri Jul 2022||322.65||320.00||324.55||319.60||0.316 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 329.8 as stoploss in an intra day sell trade for a target of 322.14. However, stock will show a bullish move above 329.8.
Share price targets for Biocon (Biocon)
Intraday share price targets for Biocon (Biocon)
|Downside Intraday Target||321.1|
|Downside Intraday Target||314.65|
|Upside Intraday Target||337.75|
|Upside Intraday Target||347.95|
|Upside Intraday Target||331.3|
Weekly technical analysis of Biocon (Biocon)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|22 Fri Jul 2022||327.55||331.10||341.50||324.85||2.094 times|
|14 Thu Jul 2022||331.75||320.00||335.55||320.00||0.968 times|
|08 Fri Jul 2022||322.65||312.00||324.55||309.00||1.051 times|
|01 Fri Jul 2022||311.65||327.10||332.05||305.00||1.272 times|
|24 Fri Jun 2022||326.90||316.30||339.85||309.30||0.807 times|
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Biocon (Biocon)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|22 Fri Jul 2022||327.55||311.00||341.50||305.00||0.703 times|
|30 Thu Jun 2022||307.95||336.90||344.00||307.00||1.137 times|
|31 Tue May 2022||334.20||361.75||377.30||317.10||0.773 times|
|29 Fri Apr 2022||368.45||336.40||387.80||333.75||1.088 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, 11, 43||Buy|
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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Biocon in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 329.9 and Biocon (Biocon) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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.