(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 2022-10-03 View latest technical analysis
10 day averaged volume of Biocon is 128953
|Date||Daily Closing Price||Open||High||Low||Volume|
|03 Mon Oct 2022||291.95||288.60||296.15||288.60||0.477 times|
|30 Fri Sep 2022||290.85||285.05||292.40||285.05||0.904 times|
|29 Thu Sep 2022||286.90||286.00||288.65||284.30||0.539 times|
|28 Wed Sep 2022||284.05||278.05||287.00||277.10||0.804 times|
|27 Tue Sep 2022||280.15||277.00||281.10||273.65||0.504 times|
|26 Mon Sep 2022||276.00||284.85||284.85||275.40||0.997 times|
|23 Fri Sep 2022||284.10||288.35||292.60||283.05||0.956 times|
|22 Thu Sep 2022||289.50||289.40||290.60||285.55||0.55 times|
|21 Wed Sep 2022||289.40||296.30||298.40||289.00||0.575 times|
|20 Tue Sep 2022||298.30||290.10||301.00||290.10||0.955 times|
My analysis of stock is bearish for shortterm, and stock might move down till 284.8 or till 274.9. Use a stoploss of 293.03 and if the stock hits stoploss, then it can shoot up till 301.25
Share price targets for Biocon (Biocon)
Intraday share price targets for Biocon (Biocon)
|Downside Intraday Target||288.32|
|Downside Intraday Target||284.68|
|Upside Intraday Target||295.87|
|Upside Intraday Target||299.78|
|Upside Intraday Target||292.23|
Weekly technical analysis of Biocon (Biocon)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|03 Mon Oct 2022||291.95||288.60||296.15||288.60||0.127 times|
|30 Fri Sep 2022||290.85||284.85||292.40||273.65||0.599 times|
|23 Fri Sep 2022||284.10||291.40||301.00||283.05||1.51 times|
|16 Fri Sep 2022||291.10||301.60||309.00||290.20||1.005 times|
|09 Fri Sep 2022||302.20||294.50||304.70||290.25||1.118 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|
|03 Mon Oct 2022||291.95||288.60||296.15||288.60||0.023 times|
|30 Fri Sep 2022||290.85||303.00||309.00||273.65||0.979 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|
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||26, 22, 9||Buy|
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 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 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 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 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 286.97 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 is giving positive 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.