What is the technical trend for Biocon?

Jun 09 2025 05:50 PM IST
share
Share Via
As of June 5, 2025, Biocon's technical trend is mildly bearish overall, despite mixed signals from indicators like the MACD and Bollinger Bands, which show both bullish and bearish tendencies across different time frames.
As of 5 June 2025, the technical trend for Biocon has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD is mildly bearish, suggesting mixed signals. The daily moving averages are bearish, reinforcing the overall bearish outlook. Bollinger Bands show a bearish trend on the weekly chart while being mildly bullish on the monthly chart, indicating short-term weakness. The KST is mildly bullish weekly but also mildly bearish monthly, adding to the uncertainty. The Dow Theory shows a mildly bullish trend on the weekly but no trend on the monthly, further complicating the picture. Despite the bullish signals from the OBV on both weekly and monthly time frames, the overall stance remains mildly bearish due to the prevailing bearish indicators.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News