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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 2024-08-05 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 18413

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	402.65	427.50	427.50	401.00	1.717 times
02 Fri Aug 2024	427.60	435.45	440.90	425.00	0.949 times
01 Thu Aug 2024	432.40	435.00	441.95	428.20	0.928 times
31 Wed Jul 2024	434.00	441.00	441.00	430.00	1.024 times
30 Tue Jul 2024	438.75	445.30	445.95	437.00	1.087 times
29 Mon Jul 2024	442.95	450.00	455.30	440.35	1.683 times
26 Fri Jul 2024	449.75	454.80	459.55	447.85	0.78 times
25 Thu Jul 2024	452.65	453.20	459.95	449.10	0.802 times
24 Wed Jul 2024	453.25	456.15	463.95	446.85	1.75 times
23 Tue Jul 2024	456.15	450.40	468.00	444.55	0.559 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 409.9, for a target of 434.3 or 454.67

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	385.80
Downside Target	401.00
Upside Target	425.00
Upside Target	441.95
Upside Target	468.00
Upside Target	475.00
Upside Target	491.50
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	393.27
Downside Intraday Target	383.88
Upside Intraday Target	419.77
Upside Intraday Target	436.88
Upside Intraday Target	410.38

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	402.65	427.50	427.50	401.00	0.303 times
02 Fri Aug 2024	427.60	450.00	455.30	425.00	1.31 times
26 Fri Jul 2024	449.75	453.50	468.00	444.55	1.067 times
19 Fri Jul 2024	453.10	491.50	491.50	452.00	0.45 times
12 Fri Jul 2024	486.85	502.65	510.55	459.20	0.401 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
05 Mon Aug 2024	402.65	435.00	441.95	401.00	0.082 times
31 Wed Jul 2024	434.00	469.40	535.00	430.00	1.573 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

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 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 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 Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Medicamen Biotech in short term and SELL 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 436.85 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.