(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 2022-11-25 View latest technical analysis
10 day averaged volume of Biocon is 303358
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Fri Nov 2022 | 282.20 | 275.05 | 282.60 | 275.05 | 0.156 times |
| 24 Thu Nov 2022 | 274.00 | 283.10 | 283.10 | 273.95 | 4.695 times |
| 23 Wed Nov 2022 | 280.10 | 280.50 | 283.20 | 279.50 | 1.669 times |
| 22 Tue Nov 2022 | 281.95 | 283.40 | 284.60 | 280.10 | 1.252 times |
| 21 Mon Nov 2022 | 285.20 | 293.30 | 293.30 | 283.00 | 0.295 times |
| 18 Fri Nov 2022 | 287.35 | 286.15 | 289.60 | 283.05 | 0.322 times |
| 17 Thu Nov 2022 | 285.85 | 284.20 | 286.35 | 282.20 | 0.246 times |
| 16 Wed Nov 2022 | 284.45 | 285.45 | 287.50 | 280.50 | 0.361 times |
| 15 Tue Nov 2022 | 283.90 | 285.95 | 285.95 | 277.75 | 0.662 times |
| 14 Mon Nov 2022 | 286.40 | 280.05 | 287.75 | 278.80 | 0.258 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 284.8 as stoploss in an intra day sell trade for a target of 278.97. However, stock will show a bullish move above 284.8.
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 260.80 |
| Upside Target | 289.60 |
| Upside Target | 293.30 |
| Upside Target | 298.70 |
| Upside Target | 299.00 |
| Upside Target | 305.00 |
| Upside Target | 309.00 |
| Upside Target | 320.00 |
| Upside Target | 341.50 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 273 |
| Downside Intraday Target | 263.8 |
| Upside Intraday Target | 292.35 |
| Upside Intraday Target | 302.5 |
| Upside Intraday Target | 283.15 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Fri Nov 2022 | 282.20 | 293.30 | 293.30 | 273.95 | 4.362 times |
| 18 Fri Nov 2022 | 287.35 | 280.05 | 289.60 | 277.75 | 1.805 times |
| 11 Fri Nov 2022 | 280.95 | 274.50 | 284.45 | 272.20 | 0.063 times |
| 04 Fri Nov 2022 | 274.10 | 272.15 | 281.80 | 265.10 | 7.043 times |
| 28 Fri Oct 2022 | 272.65 | 271.60 | 277.10 | 267.25 | 1.976 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Biocon (Biocon)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 25 Fri Nov 2022 | 282.20 | 269.35 | 293.30 | 265.10 | 1.645 times |
| 31 Mon Oct 2022 | 269.30 | 288.60 | 299.00 | 260.80 | 1.589 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 |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Biocon (Biocon)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 16, 17, 3 | Sell |
| MACD | -1, -1 | Buy |
| Stochastics | 27 | Sell |
| CCI | -82 | Buy |
| RSI | 49 | Sell |
| OBV | -24012 | Sell |
| VWAP | 279 | Buy |
| ADL | 0 | Sell |
| ROC | 0 | Buy |
| Force Index | 0 | Sell |
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 SELL. 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Biocon in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 278.58 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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