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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 2024-09-18 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 67235

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	463.15	471.00	479.95	458.50	0.454 times
17 Tue Sep 2024	476.50	478.20	481.90	468.40	0.349 times
16 Mon Sep 2024	478.00	488.00	488.00	470.05	0.721 times
13 Fri Sep 2024	469.25	480.85	481.70	460.55	0.629 times
12 Thu Sep 2024	476.15	465.00	507.45	464.00	5.839 times
11 Wed Sep 2024	442.75	430.00	458.90	430.00	0.645 times
10 Tue Sep 2024	436.55	428.15	441.20	428.15	0.471 times
09 Mon Sep 2024	428.15	419.40	431.00	410.75	0.321 times
06 Fri Sep 2024	417.25	418.00	425.40	411.00	0.209 times
05 Thu Sep 2024	419.70	432.50	439.95	414.50	0.299 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 457.3, but if it comes below 457.3, then a intra day sell could be more profitable.
If you take a sell trade below 457.3, then use 457.3 as stoploss and 431.85 as target. However if you take a buy trade in stock , then use 457.3 as stoploss and 487.9 as target.

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	375.05
Downside Target	383.00
Downside Target	400.05
Downside Target	410.75
Downside Target	422.50
Downside Target	439.95
Downside Target	458.50
Upside Target	475.00
Upside Target	488.00
Upside Target	507.45
Upside Target	519.90
Upside Target	535.00
Upside Target	585.00

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	451.77
Downside Intraday Target	440.38
Upside Intraday Target	481.27
Upside Intraday Target	499.38
Upside Intraday Target	469.88

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	463.15	488.00	488.00	458.50	0.193 times
13 Fri Sep 2024	469.25	419.40	507.45	410.75	5.776 times
06 Fri Sep 2024	417.25	417.00	439.95	401.40	1.907 times
30 Fri Aug 2024	414.85	410.00	422.50	400.05	0.56 times
23 Fri Aug 2024	408.55	393.35	425.95	383.00	0.941 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
18 Wed Sep 2024	463.15	417.00	507.45	401.40	1.981 times
30 Fri Aug 2024	414.85	435.00	441.95	375.05	0.455 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 to mid 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 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 Strong and stock is losing momentum.

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

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green 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 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 466.73 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.