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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 2024-10-10 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 251590

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	569.65	553.00	579.00	551.25	0.076 times
09 Wed Oct 2024	556.80	559.00	574.65	551.40	0.047 times
08 Tue Oct 2024	559.95	544.15	575.00	541.20	0.153 times
07 Mon Oct 2024	544.15	580.60	580.60	515.90	0.196 times
04 Fri Oct 2024	572.65	578.80	591.35	556.00	0.256 times
03 Thu Oct 2024	579.15	573.95	601.00	562.00	0.395 times
01 Tue Oct 2024	585.55	570.40	598.85	561.05	0.613 times
30 Mon Sep 2024	568.30	585.45	592.00	557.05	0.365 times
27 Fri Sep 2024	580.05	532.45	585.00	520.10	1.804 times
26 Thu Sep 2024	537.45	525.00	549.85	502.50	1.116 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 568.3, but if it comes below 568.3, then a intra day sell could be more profitable.
If you take a sell trade below 568.3, then use 568.3 as stoploss and 517.37 as target. However if you take a buy trade in stock , then use 568.3 as stoploss and 629.5 as target.

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	375.05
Downside Target	401.40
Downside Target	410.75
Downside Target	428.00
Downside Target	440.35
Downside Target	488.00
Downside Target	507.45
Downside Target	535.00
Downside Target	556.00
Upside Target	580.60
Upside Target	585.00
Upside Target	592.00
Upside Target	601.00

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	530.17
Downside Intraday Target	490.68
Upside Intraday Target	594.87
Upside Intraday Target	620.08
Downside Intraday Target	555.38

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	569.65	580.60	580.60	515.90	0.291 times
04 Fri Oct 2024	572.65	585.45	601.00	556.00	0.201 times
27 Fri Sep 2024	580.05	463.95	585.00	442.60	10.753 times
20 Fri Sep 2024	462.95	488.00	488.00	440.35	0.356 times
13 Fri Sep 2024	469.25	419.40	507.45	410.75	5.776 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
10 Thu Oct 2024	569.65	570.40	601.00	515.90	0.149 times
30 Mon Sep 2024	568.30	417.00	592.00	401.40	8.027 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

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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Medicamen Biotech stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Medicamen Biotech in short term and BUY 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 567.56 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 positive

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