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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 2024-07-01 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 23508

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	457.70	469.40	469.40	456.00	0.905 times
28 Fri Jun 2024	454.65	443.35	483.00	440.00	2.644 times
27 Thu Jun 2024	439.00	451.50	454.90	436.20	0.864 times
26 Wed Jun 2024	451.50	473.60	474.25	445.10	1.557 times
25 Tue Jun 2024	471.10	477.80	480.00	468.05	0.512 times
24 Mon Jun 2024	475.30	483.75	485.80	472.50	0.437 times
21 Fri Jun 2024	479.05	489.85	489.85	477.15	0.236 times
20 Thu Jun 2024	485.05	472.50	495.00	465.00	1.794 times
19 Wed Jun 2024	470.05	473.00	474.00	468.15	0.905 times
18 Tue Jun 2024	470.55	480.00	480.85	467.05	0.541 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 457.5 as stoploss in an intra day buy trade for a target of 471.64. However, stock will show a bearish move below 457.5.

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	355.45
Downside Target	385.80
Downside Target	428.00
Downside Target	456.00
Upside Target	485.80
Upside Target	495.00
Upside Target	507.00
Upside Target	510.00
Upside Target	519.90
Upside Target	585.00
Upside Target	628.40

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	452.67
Downside Intraday Target	447.63
Upside Intraday Target	466.07
Upside Intraday Target	474.43
Upside Intraday Target	461.03

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	457.70	469.40	469.40	456.00	0.15 times
28 Fri Jun 2024	454.65	483.75	485.80	436.20	1.73 times
21 Fri Jun 2024	479.05	480.00	495.00	465.00	1.012 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

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
01 Mon Jul 2024	457.70	469.40	469.40	456.00	0.042 times
28 Fri Jun 2024	454.65	505.00	519.90	428.00	1.293 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

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 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 losing momentum.

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

Medicamen Biotech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 BUY signal in short term but buying is losing 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 462.79 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.