Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-01-16 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 18665

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	568.40	586.80	589.65	562.95	0.849 times
15 Mon Jan 2024	581.80	560.30	592.70	556.85	2.528 times
12 Fri Jan 2024	557.80	574.55	575.60	554.05	1.821 times
11 Thu Jan 2024	572.75	575.80	580.65	568.05	0.779 times
10 Wed Jan 2024	570.20	571.10	579.00	566.00	1.14 times
09 Tue Jan 2024	568.25	574.90	591.50	564.25	0.627 times
08 Mon Jan 2024	572.00	587.80	591.70	568.05	0.848 times
05 Fri Jan 2024	584.90	595.00	599.00	580.00	0.692 times
04 Thu Jan 2024	588.05	591.20	594.95	584.00	0.524 times
03 Wed Jan 2024	589.35	599.05	599.05	583.95	0.364 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 563.1 as stoploss in an intra day buy trade for a target of 576.41. However, stock will show a bearish move below 563.1.

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	552.00
Upside Target	580.00
Upside Target	591.70
Upside Target	618.85
Upside Target	624.55
Upside Target	644.95
Upside Target	646.10
Upside Target	689.55
Upside Target	729.60
Upside Target	745.55

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	552.6
Downside Intraday Target	536.8
Upside Intraday Target	588.45
Upside Intraday Target	608.5
Upside Intraday Target	572.65

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	568.40	560.30	592.70	556.85	0.648 times
12 Fri Jan 2024	557.80	587.80	591.70	554.05	1.682 times
05 Fri Jan 2024	584.90	609.15	618.85	580.00	0.494 times
29 Fri Dec 2023	603.15	564.20	608.95	553.50	0.941 times
22 Fri Dec 2023	555.90	591.20	599.00	552.00	0.609 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
16 Tue Jan 2024	568.40	609.15	618.85	554.05	0.391 times
29 Fri Dec 2023	603.15	639.25	644.95	552.00	2.506 times
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	4.417 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Medicamen Biotech in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Medicamen Biotech Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 but buying is losing 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 573.54 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.