(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 2022-09-15 View latest technical analysis
10 day averaged volume of Biocon is 117832
|Date||Daily Closing Price||Open||High||Low||Volume|
|15 Thu Sep 2022||299.40||303.05||306.85||297.10||0.895 times|
|14 Wed Sep 2022||305.40||301.00||309.00||300.30||0.991 times|
|13 Tue Sep 2022||303.20||303.45||305.00||302.50||0.503 times|
|12 Mon Sep 2022||303.45||301.60||307.95||301.60||1.605 times|
|09 Fri Sep 2022||302.20||299.95||304.70||299.95||1.087 times|
|08 Thu Sep 2022||300.25||303.05||304.70||298.90||0.441 times|
|07 Wed Sep 2022||302.15||292.40||303.10||292.00||0.822 times|
|06 Tue Sep 2022||292.25||295.00||295.20||290.25||0.756 times|
|05 Mon Sep 2022||292.75||294.50||295.60||290.75||1.406 times|
|02 Fri Sep 2022||295.60||301.25||304.25||294.00||1.631 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 298 as stoploss in an intra day buy trade for a target of 303.34. However, stock will show a bearish move below 298.
Share price targets for Biocon (Biocon)
Intraday share price targets for Biocon (Biocon)
|Downside Intraday Target||294.67|
|Downside Intraday Target||289.93|
|Upside Intraday Target||306.57|
|Upside Intraday Target||313.73|
|Upside Intraday Target||301.83|
Weekly technical analysis of Biocon (Biocon)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|15 Thu Sep 2022||299.40||301.60||309.00||297.10||0.885 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 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|
|15 Thu Sep 2022||299.40||303.00||309.00||290.25||0.477 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||21, 20, 2||Buy|
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 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 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. Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
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 299.31 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is 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.