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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 2024-10-25 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 24083

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	498.20	486.40	560.00	482.20	22.646 times
24 Thu Oct 2024	481.05	495.80	499.15	475.65	0.462 times
23 Wed Oct 2024	498.40	486.00	504.25	482.35	0.714 times
22 Tue Oct 2024	485.70	515.05	516.45	473.40	1.969 times
21 Mon Oct 2024	513.30	540.60	545.60	508.60	1.238 times
18 Fri Oct 2024	544.25	512.95	550.00	507.00	1.859 times
17 Thu Oct 2024	513.25	534.00	534.85	509.75	0.757 times
16 Wed Oct 2024	531.40	551.60	575.40	526.00	1.795 times
15 Tue Oct 2024	550.80	551.10	556.90	545.35	0.342 times
14 Mon Oct 2024	552.25	567.00	574.10	550.00	0.384 times

Stock of Medicamen Biotech (MEDICAMEQ) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 510.3, but if it comes above 510.3, then a intra day buy could be more profitable.
If you take a sell trade below 510.3, then use 510.3 as stoploss and 471.4 as target. However if you take a buy trade in stock , then use 510.3 as stoploss and 542.66 as target.

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	375.05
Downside Target	401.40
Downside Target	428.00
Downside Target	441.95
Downside Target	473.40
Upside Target	507.00
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	461.07
Downside Intraday Target	423.93
Upside Intraday Target	547.67
Upside Intraday Target	597.13
Upside Intraday Target	510.53

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	498.20	540.60	560.00	473.40	5.262 times
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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	498.20	570.40	601.00	473.40	0.416 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 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 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 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 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 in or below 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 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 503.85 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.