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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 2024-10-18 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 27394

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	544.25	512.95	550.00	507.00	1.634 times
17 Thu Oct 2024	513.25	534.00	534.85	509.75	0.666 times
16 Wed Oct 2024	531.40	551.60	575.40	526.00	1.578 times
15 Tue Oct 2024	550.80	551.10	556.90	545.35	0.3 times
14 Mon Oct 2024	552.25	567.00	574.10	550.00	0.338 times
11 Fri Oct 2024	568.35	569.65	578.70	560.10	0.422 times
10 Thu Oct 2024	569.65	553.00	579.00	551.25	0.702 times
09 Wed Oct 2024	556.80	559.00	574.65	551.40	0.432 times
08 Tue Oct 2024	559.95	544.15	575.00	541.20	1.409 times
07 Mon Oct 2024	544.15	580.60	580.60	515.90	1.803 times

My analysis of stock is bullish for shortterm, and stock might move up till 580.2 or till 628.6. Use a stoploss of 539.89 and if this stock hits its stoploss, then it can fall down till 499.57

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	507.00
Downside 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	509.03
Downside Intraday Target	473.82
Upside Intraday Target	577.43
Upside Intraday Target	610.62
Downside Intraday Target	542.22

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	544.25	567.00	575.40	507.00	0.947 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
18 Fri Oct 2024	544.25	570.40	601.00	507.00	0.195 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 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 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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Medicamen Biotech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 546.31 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.