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 2024-08-28 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 17743

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	410.80	418.85	418.85	408.00	0.409 times
27 Tue Aug 2024	417.45	409.30	422.50	404.00	0.642 times
26 Mon Aug 2024	407.20	410.00	414.95	400.05	0.686 times
23 Fri Aug 2024	408.55	419.15	419.15	407.25	0.442 times
22 Thu Aug 2024	417.90	415.15	425.95	410.85	0.758 times
21 Wed Aug 2024	414.65	417.40	418.85	410.35	0.827 times
20 Tue Aug 2024	410.40	390.00	414.70	383.00	1.637 times
19 Mon Aug 2024	390.45	393.35	406.50	385.00	1.193 times
16 Fri Aug 2024	389.30	389.90	394.30	385.00	0.692 times
14 Wed Aug 2024	385.85	375.05	389.50	375.05	1.29 times

My analysis of stock is bullish for shortterm, and stock might move up till 421.6 or till 437.5. Use a stoploss of 408.32 and if this stock hits its stoploss, then it can fall down till 395.05

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	375.05
Downside Target	383.00
Downside Target	399.35
Upside Target	422.50
Upside Target	430.00
Upside Target	441.95
Upside Target	455.30
Upside Target	475.00
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	399.73
Downside Intraday Target	388.67
Upside Intraday Target	422.18
Upside Intraday Target	433.57
Upside Intraday Target	411.12

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	410.80	410.00	422.50	400.05	0.357 times
23 Fri Aug 2024	408.55	393.35	425.95	383.00	0.941 times
16 Fri Aug 2024	389.30	406.40	422.50	375.05	0.865 times
09 Fri Aug 2024	404.60	427.50	427.50	399.35	1.014 times
02 Fri Aug 2024	427.60	450.00	455.30	425.00	1.31 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
28 Wed Aug 2024	410.80	435.00	441.95	375.05	0.434 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

CCI has generated a SELL signal for Medicamen Biotech in short term but SELL signal is weak.

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

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 403.5 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.