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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 2022-09-14 View latest technical analysis

10 day averaged volume of Biocon is 119411

Date Daily Closing Price Open High Low Volume
14 Wed Sep 2022 305.40 301.00 309.00 300.30 0.978 times
13 Tue Sep 2022 303.20 303.45 305.00 302.50 0.496 times
12 Mon Sep 2022 303.45 301.60 307.95 301.60 1.583 times
09 Fri Sep 2022 302.20 299.95 304.70 299.95 1.072 times
08 Thu Sep 2022 300.25 303.05 304.70 298.90 0.435 times
07 Wed Sep 2022 302.15 292.40 303.10 292.00 0.811 times
06 Tue Sep 2022 292.25 295.00 295.20 290.25 0.746 times
05 Mon Sep 2022 292.75 294.50 295.60 290.75 1.388 times
02 Fri Sep 2022 295.60 301.25 304.25 294.00 1.609 times
01 Thu Sep 2022 301.65 303.00 304.85 298.50 0.748 times

My analysis of stock is bullish for shortterm, and stock might move up till 310.3 or till 317.6. Use a stoploss of 304.24 and if this stock hits its stoploss, then it can fall down till 298.15

Share price targets for Biocon (Biocon)

Target Type Value
Downside Target 290.25
Upside Target 309.00
Upside Target 309.70
Upside Target 310.30
Upside Target 317.10
Upside Target 320.00
Upside Target 341.50
Upside Target 344.00
Upside Target 377.30

Intraday share price targets for Biocon (Biocon)

Target Type Value
Downside Intraday Target 300.8
Downside Intraday Target 296.2
Upside Intraday Target 309.5
Upside Intraday Target 313.6
Downside Intraday Target 304.9

Weekly technical analysis of Biocon (Biocon)

Date Weekly Closing Price Open High Low Volume
14 Wed Sep 2022 305.40 301.60 309.00 300.30 0.687 times
09 Fri Sep 2022 302.20 294.50 304.70 290.25 1.118 times
02 Fri Sep 2022 295.60 305.95 310.30 294.00 0.442 times
26 Fri Aug 2022 306.70 307.00 309.70 303.10 3.241 times
19 Fri Aug 2022 308.15 311.30 320.00 307.65 1.985 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
14 Wed Sep 2022 305.40 303.00 309.00 290.25 0.438 times
30 Tue Aug 2022 309.65 312.00 320.00 298.70 1.016 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

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 25, 18, 15 Buy
MACD -7, -8Buy
Stochastics 70Buy
CCI 91Buy
RSI 51Buy
OBV -843121Sell
VWAP 299Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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 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 in or above 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 BUY signal in short term but buying is losing 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 299.48 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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