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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 2024-11-04 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 106370

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	533.20	548.95	548.95	523.50	0.202 times
01 Fri Nov 2024	549.35	539.45	555.00	535.85	0.074 times
31 Thu Oct 2024	536.25	547.40	566.00	526.10	0.789 times
30 Wed Oct 2024	547.85	485.05	558.00	485.05	2.189 times
29 Tue Oct 2024	486.75	494.50	498.35	480.35	0.118 times
28 Mon Oct 2024	495.30	493.10	504.75	476.65	0.709 times
25 Fri Oct 2024	498.20	486.40	560.00	482.20	5.127 times
24 Thu Oct 2024	481.05	495.80	499.15	475.65	0.105 times
23 Wed Oct 2024	498.40	486.00	504.25	482.35	0.162 times
22 Tue Oct 2024	485.70	515.05	516.45	473.40	0.446 times

My analysis of stock is bullish for shortterm, and stock might move up till 557.3 or till 591.8. Use a stoploss of 528.6 and if this stock hits its stoploss, then it can fall down till 499.88

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
Upside Target	535.00
Upside Target	548.95
Upside Target	560.00
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	521.48
Downside Intraday Target	509.77
Upside Intraday Target	546.93
Upside Intraday Target	560.67
Upside Intraday Target	535.22

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	533.20	548.95	548.95	523.50	0.052 times
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

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
04 Mon Nov 2024	533.20	539.45	555.00	523.50	0.018 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 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 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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Medicamen Biotech in short term but SELL signal is weak.

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 512.2 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.