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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 2024-04-16 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 17969

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	417.85	417.40	422.00	415.00	0.342 times
15 Mon Apr 2024	415.85	425.00	426.20	408.95	0.746 times
12 Fri Apr 2024	428.85	438.40	438.40	424.70	0.527 times
10 Wed Apr 2024	436.10	439.35	439.35	429.05	0.669 times
09 Tue Apr 2024	430.65	444.50	444.50	426.60	0.525 times
08 Mon Apr 2024	435.85	448.05	454.65	432.00	0.458 times
05 Fri Apr 2024	447.50	437.85	453.95	422.55	1.628 times
04 Thu Apr 2024	431.55	423.20	435.50	421.20	0.953 times
03 Wed Apr 2024	420.95	407.90	425.00	407.60	1.461 times
02 Tue Apr 2024	405.85	398.75	409.90	398.75	0.759 times

My analysis of stock is bullish for shortterm, and stock might move up till 430.4 or till 451.8. Use a stoploss of 412.53 and if this stock hits its stoploss, then it can fall down till 394.68

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	355.45
Downside Target	376.60
Downside Target	385.80
Downside Target	408.95
Upside Target	419.95
Upside Target	440.00
Upside Target	453.95
Upside Target	470.05
Upside Target	507.00
Upside Target	530.20
Upside Target	552.00
Upside Target	582.00
Upside Target	618.85
Upside Target	644.95

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	409.13
Downside Intraday Target	400.42
Upside Intraday Target	426.38
Upside Intraday Target	434.92
Downside Intraday Target	417.67

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	417.85	425.00	426.20	408.95	0.499 times
12 Fri Apr 2024	428.85	448.05	454.65	424.70	0.308 times
05 Fri Apr 2024	447.50	385.80	453.95	385.80	0.689 times
28 Thu Mar 2024	383.90	415.00	419.95	376.60	0.296 times
22 Fri Mar 2024	413.50	399.90	440.00	389.80	1.384 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
16 Tue Apr 2024	417.85	385.80	454.65	385.80	0.135 times
28 Thu Mar 2024	383.90	491.50	507.00	355.45	1.864 times
29 Thu Feb 2024	486.70	542.60	582.00	470.05	1.76 times
31 Wed Jan 2024	539.95	609.15	618.85	530.20	0.752 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Medicamen Biotech ( (MEDICAMEQ) ) based on a short to mid 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 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 428.79 and Medicamen Biotech (MEDICAMEQ) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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