Trend Screener

Biocon Share Price BIOCON

Biocon Limited
Open Chart
₹391.65
-0.85%
Today High / Low ₹397.95 / ₹388.45
52W High / Low ₹447.15 / ₹337.05
Trend Screener Score 9%  |  Very Strong Bearish

BIOCON Trend Matrix

Monthly Trend Bearish / Res.. - ₹429.00
Weekly Trend Bearish / Res.. - ₹411.10
Daily Trend Bearish / Res.. - ₹396.50
Hourly Trend Bearish / Res.. - ₹391.35
15M Trend Bullish / Sup.. - ₹391.00
CMP vs S/R YES

RSI Momentum Values

Monthly RSI 54.01
Weekly RSI 43.98
Daily RSI 32.20

Moving Average Confluence (SMA)

SMA 200 ₹396.04
SMA 100 ₹414.25
SMA 50 ₹419.06
SMA 20 ₹407.24
SMA 10 ₹399.49
Overall Trend: Trend is weak and sellers are still in control. Until the price starts showing strength again, any upside move may struggle to continue.

Momentum: RSI is close to the middle range (around 43.4), so there is no strong momentum on either side right now. Lower timeframes are sending mixed signals, pointing to some short-term choppiness.

Moving Averages: Price is trading below all major moving averages, which is generally a sign of weakness and seller dominance. The price is also below the 200-day SMA, which keeps the long-term trend weak.

Key Levels: The next major resistance is near ₹429.00. The nearest resistance is around ₹411.10. Today's range has been between ₹388.45 and ₹397.95. The stock is positioned right in the middle of its 52-week range.

Trend Summary: Very Strong Bearish. The trend is still weak. It is better to wait for a clear sign of strength before considering fresh buying.
Market Capitalisation See Ratios Below ↓
Key Statements See Ratios Below ↓

About Biocon

Biocon Limited is a biotechnology and biopharmaceutical company engaged in generics, biosimilars and research and manufacturing services. Its portfolio includes pharmaceutical formulations and active ingredients across areas such as diabetes, oncology, cardiovascular care, immunology and other specialty therapies. Through its businesses, the company also provides drug discovery, development and manufacturing services to pharmaceutical and biotechnology customers globally. Incorporated in 1978, Biocon is headquartered in Bengaluru, India.

Sector: Healthcare Industry: Biotechnology Website: Official Website

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Biocon Limited (Biocon) Share Price & Technical Analysis

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Biocon Limited (Biocon) Technical Analysis Overview

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