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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 2022-07-25 View latest technical analysis

10 day averaged volume of Biocon is 148898

Date Daily Closing Price Open High Low Volume
25 Mon Jul 2022 322.45 326.00 327.55 320.60 0.566 times
22 Fri Jul 2022 327.55 328.55 334.50 325.35 1.409 times
21 Thu Jul 2022 331.35 326.55 333.80 324.90 0.57 times
20 Wed Jul 2022 326.05 330.85 330.85 324.85 0.299 times
19 Tue Jul 2022 328.80 332.15 341.50 327.80 0.6 times
18 Mon Jul 2022 332.15 331.10 335.00 329.15 3.701 times
14 Thu Jul 2022 331.75 328.75 335.55 327.80 0.793 times
13 Wed Jul 2022 329.25 325.25 331.30 323.85 1.136 times
12 Tue Jul 2022 324.35 329.80 331.80 323.90 0.276 times
11 Mon Jul 2022 328.65 320.00 329.75 320.00 0.937 times

My analysis of stock is bullish for shortterm, and stock might move up till 329.5 or till 338.6. Use a stoploss of 321.92 and if this stock hits its stoploss, then it can fall down till 314.34

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 305.00
Downside Target 317.10
Upside Target 332.05
Upside Target 333.75
Upside Target 335.55
Upside Target 341.50
Upside Target 344.00
Upside Target 353.40
Upside Target 377.30
Upside Target 387.80

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 319.52
Downside Intraday Target 316.58
Upside Intraday Target 326.47
Upside Intraday Target 330.48
Upside Intraday Target 323.53

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
25 Mon Jul 2022 322.45 326.00 327.55 320.60 0.086 times
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

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
25 Mon Jul 2022 322.45 311.00 341.50 305.00 0.731 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 24, 15, 22 Buy
MACD -0, -1Buy
Stochastics 34None
CCI -145Sell
RSI 49Sell
OBV 980146Sell
VWAP 330Sell
ADL 0Sell
ROC -0Sell
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 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 Strong and stock is losing 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 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 and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 329.69 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 has given negative 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.

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Daily charts

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Daily chart

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