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 2024-10-17 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 35497

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	513.25	534.00	534.85	509.75	0.514 times
16 Wed Oct 2024	531.40	551.60	575.40	526.00	1.218 times
15 Tue Oct 2024	550.80	551.10	556.90	545.35	0.232 times
14 Mon Oct 2024	552.25	567.00	574.10	550.00	0.261 times
11 Fri Oct 2024	568.35	569.65	578.70	560.10	0.326 times
10 Thu Oct 2024	569.65	553.00	579.00	551.25	0.542 times
09 Wed Oct 2024	556.80	559.00	574.65	551.40	0.334 times
08 Tue Oct 2024	559.95	544.15	575.00	541.20	1.087 times
07 Mon Oct 2024	544.15	580.60	580.60	515.90	1.392 times
04 Fri Oct 2024	572.65	578.80	591.35	556.00	1.813 times

My analysis of stock is bearish for shortterm, and stock might move down till 489.9 or till 435.8. Use a stoploss of 535.02 and if the stock hits stoploss, then it can shoot up till 580.11

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	375.05
Downside Target	401.40
Downside Target	428.00
Downside Target	440.35
Downside Target	488.00
Downside Target	509.75
Upside Target	535.00
Upside Target	556.00
Upside Target	575.40
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	490.2
Downside Intraday Target	467.15
Upside Intraday Target	555.85
Upside Intraday Target	598.45
Upside Intraday Target	532.8

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	513.25	567.00	575.40	509.75	0.604 times
11 Fri Oct 2024	568.35	580.60	580.60	515.90	0.319 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

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
17 Thu Oct 2024	513.25	570.40	601.00	509.75	0.179 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Medicamen Biotech in short term but the sell signal is initial and weak.

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 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 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 552.84 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 positive

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