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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 2022-07-26 View latest technical analysis

10 day averaged volume of Biocon is 153192

Date Daily Closing Price Open High Low Volume
26 Tue Jul 2022 317.75 324.40 324.50 316.40 0.235 times
25 Mon Jul 2022 322.45 326.00 327.55 320.60 0.551 times
22 Fri Jul 2022 327.55 328.55 334.50 325.35 1.369 times
21 Thu Jul 2022 331.35 326.55 333.80 324.90 0.554 times
20 Wed Jul 2022 326.05 330.85 330.85 324.85 0.291 times
19 Tue Jul 2022 328.80 332.15 341.50 327.80 0.584 times
18 Mon Jul 2022 332.15 331.10 335.00 329.15 3.597 times
14 Thu Jul 2022 331.75 328.75 335.55 327.80 0.771 times
13 Wed Jul 2022 329.25 325.25 331.30 323.85 1.104 times
12 Tue Jul 2022 324.35 329.80 331.80 323.90 0.269 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 314.2 as stoploss in an intra day buy trade for a target of 321.81. However, stock will show a bearish move below 314.2.

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 305.00
Downside Target 316.40
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 313.58
Downside Intraday Target 309.42
Upside Intraday Target 324.73
Upside Intraday Target 331.72
Upside Intraday Target 320.57

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
26 Tue Jul 2022 317.75 326.00 327.55 316.40 0.123 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
26 Tue Jul 2022 317.75 311.00 341.50 305.00 0.743 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 22, 19, 7 Buy
MACD -1, -1Sell
Stochastics 18Sell
CCI -186Sell
RSI 49Sell
OBV 816843Sell
VWAP 329Sell
ADL 0Sell
ROC -3Sell
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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Biocon in short term and the sell signal is strong.

Biocon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 SELL signal in short term and selling is picking up 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 329.49 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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