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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)

10 day averaged volume of Medicamen Biotech is 10681

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	634.05	640.00	640.15	624.55	0.755 times
29 Wed Nov 2023	636.50	641.60	644.90	634.90	0.475 times
28 Tue Nov 2023	636.00	644.95	644.95	631.10	0.711 times
24 Fri Nov 2023	637.45	645.85	645.85	635.00	0.261 times
23 Thu Nov 2023	639.50	632.00	649.00	632.00	0.636 times
22 Wed Nov 2023	635.25	649.80	654.80	630.05	0.862 times
21 Tue Nov 2023	644.45	648.90	657.80	636.60	0.589 times
20 Mon Nov 2023	651.35	652.95	661.00	650.00	0.284 times
17 Fri Nov 2023	654.90	654.55	666.50	650.05	0.688 times
16 Thu Nov 2023	656.30	650.65	687.50	649.00	4.28 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 639.4, but if it comes above 639.4, then a intra day buy could be more profitable.
If you take a sell trade below 639.4, then use 639.4 as stoploss and 625.5 as target. However if you take a buy trade in stock , then use 639.4 as stoploss and 650.92 as target.

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	560.25
Downside Target	618.00
Upside Target	682.20
Upside Target	689.55
Upside Target	708.05
Upside Target	729.60
Upside Target	745.55
Upside Target	845.00

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	624.08
Downside Intraday Target	614.12
Upside Intraday Target	644.48
Upside Intraday Target	654.92
Upside Intraday Target	634.52

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	634.05	644.95	644.95	624.55	0.738 times
24 Fri Nov 2023	637.45	652.95	661.00	630.05	0.343 times
17 Fri Nov 2023	654.90	659.20	687.50	641.30	1.901 times
10 Fri Nov 2023	659.20	658.05	689.55	649.10	0.062 times
03 Fri Nov 2023	652.90	620.30	729.60	618.00	11.061 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
30 Thu Nov 2023	634.05	648.60	689.55	624.55	0.251 times
31 Tue Oct 2023	647.70	656.90	729.60	560.25	4.234 times
29 Fri Sep 2023	655.60	738.25	745.55	646.10	0.5 times
31 Thu Aug 2023	740.30	811.15	845.00	682.20	0.837 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Medicamen Biotech stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

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 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 647.52 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.