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(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 2024-06-20 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 26493

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	485.05	472.50	495.00	465.00	1.592 times
19 Wed Jun 2024	470.05	473.00	474.00	468.15	0.803 times
18 Tue Jun 2024	470.55	480.00	480.85	467.05	0.48 times
14 Fri Jun 2024	479.35	476.95	482.20	471.75	0.453 times
13 Thu Jun 2024	475.55	482.00	487.75	471.25	0.507 times
12 Wed Jun 2024	479.50	482.10	486.80	476.25	0.504 times
11 Tue Jun 2024	482.10	484.95	489.00	476.35	0.402 times
10 Mon Jun 2024	475.20	495.00	510.00	472.20	1.182 times
07 Fri Jun 2024	489.95	480.25	508.40	470.65	1.821 times
06 Thu Jun 2024	483.85	475.00	488.90	460.90	2.209 times

My analysis of stock is bearish for shortterm, and stock might move down till 468.9 or till 444.7. Use a stoploss of 489.04 and if the stock hits stoploss, then it can shoot up till 509.19

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	355.45
Downside Target	385.80
Downside Target	428.00
Downside Target	465.00
Upside Target	495.00
Upside Target	507.00
Upside Target	519.90
Upside Target	545.00
Upside Target	545.45
Upside Target	582.00
Upside Target	585.00
Upside Target	628.40

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	468.37
Downside Intraday Target	451.68
Upside Intraday Target	498.37
Upside Intraday Target	511.68
Downside Intraday Target	481.68

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	485.05	480.00	495.00	465.00	0.943 times
14 Fri Jun 2024	479.35	495.00	510.00	471.25	0.389 times
07 Fri Jun 2024	489.95	505.00	519.90	428.00	1.619 times
31 Fri May 2024	500.15	531.00	545.45	475.00	4.489 times
24 Fri May 2024	520.40	536.10	545.00	510.00	0.363 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 Thu Jun 2024	485.05	505.00	519.90	428.00	0.922 times
31 Fri May 2024	500.15	550.00	585.00	475.00	0.32 times
30 Tue Apr 2024	579.60	385.80	628.40	385.80	0.897 times
28 Thu Mar 2024	383.90	491.50	507.00	355.45	1.864 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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Medicamen Biotech stock for short term is BUY. Signal strength is Weak and stock is gaining 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 getting stronger in this stock.

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

CCI has generated a buy signal for Medicamen Biotech in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 481.46 and Medicamen Biotech (MEDICAMEQ) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.