(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 2022-08-17 View latest technical analysis
10 day averaged volume of Biocon is 121643
|Date||Daily Closing Price||Open||High||Low||Volume|
|17 Wed Aug 2022||317.30||320.00||320.00||316.15||0.321 times|
|16 Tue Aug 2022||317.20||311.30||318.20||311.15||1.033 times|
|12 Fri Aug 2022||311.30||314.00||315.75||310.40||0.619 times|
|11 Thu Aug 2022||315.75||313.45||316.20||313.45||0.225 times|
|10 Wed Aug 2022||313.20||313.60||316.65||312.45||0.269 times|
|08 Mon Aug 2022||313.60||313.00||315.35||311.30||0.263 times|
|05 Fri Aug 2022||313.00||315.00||316.15||311.80||0.51 times|
|04 Thu Aug 2022||313.85||310.95||314.80||308.25||1.137 times|
|03 Wed Aug 2022||308.45||311.10||311.70||306.10||0.787 times|
|02 Tue Aug 2022||311.10||309.40||312.05||307.60||0.574 times|
My analysis of stock is bullish for shortterm, and stock might move up till 324 or till 332.7. Use a stoploss of 316.72 and if this stock hits its stoploss, then it can fall down till 309.43
Share price targets for Biocon (Biocon)
Intraday share price targets for Biocon (Biocon)
|Downside Intraday Target||312.3|
|Downside Intraday Target||307.3|
|Upside Intraday Target||321.15|
|Upside Intraday Target||325|
|Downside Intraday Target||316.15|
Weekly technical analysis of Biocon (Biocon)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|17 Wed Aug 2022||317.30||311.30||320.00||311.15||0.985 times|
|12 Fri Aug 2022||311.30||313.00||316.65||310.40||0.181 times|
|05 Fri Aug 2022||313.00||312.00||316.15||306.10||1.699 times|
|29 Fri Jul 2022||307.05||326.00||327.55||305.25||0.555 times|
|22 Fri Jul 2022||327.55||331.10||341.50||324.85||2.094 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|
|17 Wed Aug 2022||317.30||312.00||320.00||306.10||0.474 times|
|29 Fri Jul 2022||307.05||311.00||341.50||305.00||0.884 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|
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||20, 17, 7||Buy|
Price action analysis of Biocon ( (Biocon) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Biocon ( (Biocon) ) based on a short 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 short to mid 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 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 gaining momentum.
MACD generated a BUY signal for Biocon in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Biocon Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Biocon in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 313.31 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.