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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 2024-07-04 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 50973

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Jul 2024	513.50	513.40	526.40	500.65	1.414 times
03 Wed Jul 2024	510.70	467.00	535.00	466.85	5.311 times
02 Tue Jul 2024	464.60	459.65	466.00	451.15	0.563 times
01 Mon Jul 2024	457.70	469.40	469.40	456.00	0.417 times
28 Fri Jun 2024	454.65	443.35	483.00	440.00	1.219 times
27 Thu Jun 2024	439.00	451.50	454.90	436.20	0.398 times
26 Wed Jun 2024	451.50	473.60	474.25	445.10	0.718 times
25 Tue Jun 2024	471.10	477.80	480.00	468.05	0.236 times
24 Mon Jun 2024	475.30	483.75	485.80	472.50	0.201 times
21 Fri Jun 2024	479.05	489.85	489.85	477.15	0.109 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 513.5, for a target of 492.7 or 475.41

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	355.45
Downside Target	385.80
Downside Target	428.00
Downside Target	451.15
Downside Target	465.00
Downside Target	485.80
Downside Target	507.00
Upside Target	519.90
Upside Target	535.00
Upside Target	585.00
Upside Target	628.40

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	464.77
Downside Intraday Target	416.03
Upside Intraday Target	548.62
Upside Intraday Target	583.73
Downside Intraday Target	499.88

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Jul 2024	513.50	469.40	535.00	451.15	2.778 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Jul 2024	513.50	469.40	535.00	451.15	0.768 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Medicamen Biotech ( (MEDICAMEQ) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong and stock is losing momentum.

MACD generated a BUY signal for Medicamen Biotech in short term but the buy signal is initial and weak.

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. Bulls 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 491.49 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.