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 2024-07-11 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 59742

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	469.45	466.40	477.55	466.40	0.271 times
10 Wed Jul 2024	464.00	481.80	481.80	459.20	0.573 times
09 Tue Jul 2024	476.95	484.80	489.95	474.00	0.428 times
08 Mon Jul 2024	477.50	502.65	510.55	473.50	0.686 times
05 Fri Jul 2024	502.65	510.00	512.25	498.05	0.359 times
04 Thu Jul 2024	513.50	513.40	526.40	500.65	1.206 times
03 Wed Jul 2024	510.70	467.00	535.00	466.85	4.531 times
02 Tue Jul 2024	464.60	459.65	466.00	451.15	0.48 times
01 Mon Jul 2024	457.70	469.40	469.40	456.00	0.356 times
28 Fri Jun 2024	454.65	443.35	483.00	440.00	1.04 times

My analysis of stock is bearish for shortterm, and stock might move down till 456.3 or till 434.6. Use a stoploss of 474.41 and if the stock hits stoploss, then it can shoot up till 492.5

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	355.45
Downside Target	385.80
Downside Target	428.00
Downside Target	451.15
Upside Target	485.80
Upside Target	507.00
Upside Target	510.00
Upside Target	510.55
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	448.92
Downside Intraday Target	428.38
Upside Intraday Target	500.27
Upside Intraday Target	531.08
Upside Intraday Target	479.73

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	469.45	502.65	510.55	459.20	0.282 times
05 Fri Jul 2024	502.65	469.40	535.00	451.15	2.93 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

Price has moved down 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
11 Thu Jul 2024	469.45	469.40	535.00	451.15	1.038 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

Price action analysis of Medicamen Biotech ( (MEDICAMEQ) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 493.18 and Medicamen Biotech (MEDICAMEQ) stock is trading below this level. This means that stock is falling with high volumes. 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.