(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 2024-09-20 View latest technical analysis
10 day averaged volume of Biocon is 311891
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 365.60 | 361.00 | 367.00 | 360.60 | 0.402 times |
| 19 Thu Sep 2024 | 360.75 | 364.35 | 368.85 | 351.10 | 1.991 times |
| 18 Wed Sep 2024 | 363.65 | 376.00 | 376.00 | 359.90 | 0.87 times |
| 17 Tue Sep 2024 | 375.50 | 394.45 | 395.65 | 374.25 | 0.868 times |
| 16 Mon Sep 2024 | 390.75 | 382.90 | 394.95 | 380.50 | 0.834 times |
| 13 Fri Sep 2024 | 378.80 | 379.50 | 383.80 | 372.45 | 0.413 times |
| 12 Thu Sep 2024 | 376.55 | 387.45 | 394.10 | 374.80 | 0.966 times |
| 11 Wed Sep 2024 | 385.40 | 390.00 | 394.90 | 382.85 | 1.269 times |
| 10 Tue Sep 2024 | 386.30 | 383.20 | 389.60 | 378.30 | 0.685 times |
| 09 Mon Sep 2024 | 377.05 | 372.80 | 379.70 | 365.95 | 1.124 times |
My analysis of stock is bearish for shortterm, and stock might move down till 358.2 or till 344.1. Use a stoploss of 369.92 and if the stock hits stoploss, then it can shoot up till 381.65
Share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Target | 270.00 |
| Downside Target | 292.55 |
| Downside Target | 320.50 |
| Downside Target | 330.95 |
| Downside Target | 341.00 |
| Downside Target | 350.05 |
| Upside Target | 365.95 |
| Upside Target | 370.25 |
| Upside Target | 376.75 |
| Upside Target | 394.40 |
| Upside Target | 394.90 |
| Upside Target | 395.65 |
Intraday share price targets for Biocon (Biocon)
| Target Type | Value |
| Downside Intraday Target | 345.92 |
| Downside Intraday Target | 326.23 |
| Upside Intraday Target | 390.47 |
| Upside Intraday Target | 415.33 |
| Upside Intraday Target | 370.78 |
Weekly technical analysis of Biocon (Biocon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 365.60 | 382.90 | 395.65 | 351.10 | 1.114 times |
| 13 Fri Sep 2024 | 378.80 | 372.80 | 394.90 | 365.95 | 0.881 times |
| 06 Fri Sep 2024 | 374.00 | 367.50 | 394.40 | 355.50 | 2.216 times |
| 30 Fri Aug 2024 | 359.30 | 351.10 | 364.60 | 350.05 | 1.334 times |
| 23 Fri Aug 2024 | 351.65 | 343.15 | 359.00 | 341.00 | 1.099 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 |
| 20 Fri Sep 2024 | 365.60 | 367.50 | 395.65 | 351.10 | 1.317 times |
| 30 Fri Aug 2024 | 359.30 | 361.30 | 370.25 | 323.55 | 0.924 times |
| 31 Wed Jul 2024 | 362.35 | 353.55 | 376.75 | 320.50 | 0.469 times |
| 28 Fri Jun 2024 | 351.00 | 315.00 | 354.90 | 270.00 | 0.708 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)
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Biocon ( (Biocon) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Biocon stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Biocon in short term but the sell signal is initial and weak.
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 in or below 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 374.77 and Biocon (Biocon) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Biocon ( (Biocon) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Biocon stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Biocon in short term but the sell signal is initial and weak.
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 in or below 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 374.77 and Biocon (Biocon) stock is trading below this level. This means that stock is falling with high volumes. 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 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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