Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MEDICAMEQ) Medicamen Biotech complete technical analysis [charts+indicators] | Buy/Sell Medicamen Biotech | (MEDICAMEQ) share price targets

Complete technical analysis of Medicamen Biotech (MEDICAMEQ) by charts plus indicators, forecast predictions and share price targets for Medicamen Biotech (MEDICAMEQ)

Showing technical analysis as on 2024-03-20 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 67282

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	401.05	393.80	440.00	391.80	1.839 times
19 Tue Mar 2024	391.80	397.05	409.70	389.80	0.906 times
18 Mon Mar 2024	401.00	399.90	412.95	391.05	1.228 times
15 Fri Mar 2024	399.90	402.50	407.00	384.00	1.152 times
14 Thu Mar 2024	400.45	363.80	434.20	363.80	1.954 times
13 Wed Mar 2024	369.35	408.65	410.95	355.45	1.882 times
12 Tue Mar 2024	404.65	443.90	444.70	401.00	1.195 times
11 Mon Mar 2024	442.45	464.40	472.40	440.35	0.522 times
07 Thu Mar 2024	471.45	452.65	480.90	452.65	0.421 times
06 Wed Mar 2024	458.20	465.05	474.05	450.00	0.497 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 407.2, but if it comes above 407.2, then a intra day buy could be more profitable.
If you take a sell trade below 407.2, then use 407.2 as stoploss and 350.9 as target. However if you take a buy trade in stock , then use 407.2 as stoploss and 454.07 as target.

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	355.45
Downside Target	389.80
Upside Target	440.00
Upside Target	450.00
Upside Target	470.05
Upside Target	504.95
Upside Target	530.20
Upside Target	552.00
Upside Target	565.00
Upside Target	582.00
Upside Target	618.85
Upside Target	624.55
Upside Target	644.95
Upside Target	689.55

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	380.57
Downside Intraday Target	360.08
Upside Intraday Target	430.77
Upside Intraday Target	460.48
Upside Intraday Target	410.28

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	401.05	399.90	440.00	389.80	0.592 times
15 Fri Mar 2024	399.90	464.40	472.40	355.45	4.827 times
07 Thu Mar 2024	471.45	504.95	504.95	450.00	0.974 times
02 Sat Mar 2024	490.90	516.90	516.90	475.00	0.983 times
23 Fri Feb 2024	509.60	542.75	565.00	505.35	0.238 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 Medicamen Biotech (MEDICAMEQ)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	401.05	491.50	507.00	355.45	1.132 times
29 Thu Feb 2024	486.70	542.60	582.00	470.05	1.76 times
31 Wed Jan 2024	539.95	609.15	618.85	530.20	0.752 times
29 Fri Dec 2023	603.15	639.25	644.95	552.00	2.506 times

Scroll below to view daily charts

Price has moved down 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 Medicamen Biotech (MEDICAMEQ)

Price action analysis of Medicamen Biotech ( (MEDICAMEQ) ) 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 Medicamen Biotech ( (MEDICAMEQ) ) based on a short 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 Medicamen Biotech ( (MEDICAMEQ) ) 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 Medicamen Biotech ( (MEDICAMEQ) ) 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 Medicamen Biotech stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Medicamen Biotech in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Medicamen Biotech 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Medicamen Biotech 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 negative zone. This is the SELL zone

Stock of Medicamen Biotech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 402.2 and Medicamen Biotech (MEDICAMEQ) 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 Medicamen Biotech (MEDICAMEQ) stock. Volume based technical analysis of Medicamen Biotech (MEDICAMEQ) stock is negative.

Medicamen Biotech Stock has given negative 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.