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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 2024-11-01 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 110056

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	549.35	539.45	555.00	535.85	0.072 times
31 Thu Oct 2024	536.25	547.40	566.00	526.10	0.763 times
30 Wed Oct 2024	547.85	485.05	558.00	485.05	2.116 times
29 Tue Oct 2024	486.75	494.50	498.35	480.35	0.114 times
28 Mon Oct 2024	495.30	493.10	504.75	476.65	0.685 times
25 Fri Oct 2024	498.20	486.40	560.00	482.20	4.956 times
24 Thu Oct 2024	481.05	495.80	499.15	475.65	0.101 times
23 Wed Oct 2024	498.40	486.00	504.25	482.35	0.156 times
22 Tue Oct 2024	485.70	515.05	516.45	473.40	0.431 times
21 Mon Oct 2024	513.30	540.60	545.60	508.60	0.271 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 558.1 as stoploss in an intra day sell trade for a target of 529.15. However, stock will show a bullish move above 558.1.

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	375.05
Downside Target	401.40
Downside Target	430.00
Downside Target	441.95
Downside Target	473.40
Downside Target	507.00
Downside Target	535.00
Upside Target	555.00
Upside Target	566.00
Upside Target	575.40
Upside Target	580.60
Upside Target	592.00
Upside Target	601.00

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	495.33
Downside Intraday Target	441.32
Upside Intraday Target	584.68
Upside Intraday Target	620.02
Downside Intraday Target	530.67

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	549.35	493.10	566.00	476.65	0.634 times
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

Price has moved up 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
01 Fri Nov 2024	549.35	539.45	555.00	535.85	0.005 times
31 Thu Oct 2024	536.25	570.40	601.00	473.40	0.554 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

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Medicamen Biotech ( (MEDICAMEQ) ) based on a short 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 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 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 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 511.8 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 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 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.