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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 2024-09-19 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 66816

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	446.95	468.25	473.70	441.60	0.524 times
18 Wed Sep 2024	463.15	471.00	479.95	458.50	0.457 times
17 Tue Sep 2024	476.50	478.20	481.90	468.40	0.351 times
16 Mon Sep 2024	478.00	488.00	488.00	470.05	0.726 times
13 Fri Sep 2024	469.25	480.85	481.70	460.55	0.633 times
12 Thu Sep 2024	476.15	465.00	507.45	464.00	5.876 times
11 Wed Sep 2024	442.75	430.00	458.90	430.00	0.649 times
10 Tue Sep 2024	436.55	428.15	441.20	428.15	0.474 times
09 Mon Sep 2024	428.15	419.40	431.00	410.75	0.323 times
06 Fri Sep 2024	417.25	418.00	425.40	411.00	0.21 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 458.8 as stoploss in an intra day sell trade for a target of 433.3. However, stock will show a bullish move above 458.8.

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
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	429.7
Downside Intraday Target	412.45
Upside Intraday Target	476.1
Upside Intraday Target	505.25
Upside Intraday Target	458.85

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	446.95	488.00	488.00	441.60	0.259 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
19 Thu Sep 2024	446.95	417.00	507.45	401.40	2.077 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 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 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 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.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 467.11 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.