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 2024-05-06 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 111699

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	541.85	560.00	568.95	519.00	0.183 times
03 Fri May 2024	541.20	559.05	569.70	532.40	0.185 times
02 Thu May 2024	558.85	550.00	585.00	550.00	0.541 times
30 Tue Apr 2024	579.60	613.90	628.40	571.45	4.107 times
29 Mon Apr 2024	583.00	507.90	583.00	498.05	3.303 times
26 Fri Apr 2024	485.85	424.30	495.40	424.30	1.342 times
25 Thu Apr 2024	422.10	431.15	433.55	418.00	0.064 times
24 Wed Apr 2024	430.20	433.45	440.00	427.70	0.15 times
23 Tue Apr 2024	433.45	415.75	436.95	415.75	0.141 times
22 Mon Apr 2024	413.65	419.05	423.20	407.00	0.092 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 522.3, but if it comes below 522.3, then a intra day sell could be more profitable.
If you take a sell trade below 522.3, then use 522.3 as stoploss and 463.3 as target. However if you take a buy trade in stock , then use 522.3 as stoploss and 593.1 as target.

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	355.45
Downside Target	385.80
Downside Target	407.00
Downside Target	424.70
Downside Target	454.65
Downside Target	470.05
Downside Target	495.40
Downside Target	519.00
Downside Target	530.20
Upside Target	568.95
Upside Target	582.00
Upside Target	585.00
Upside Target	618.85
Upside Target	628.40

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	517.58
Downside Intraday Target	493.32
Upside Intraday Target	567.53
Upside Intraday Target	593.22
Upside Intraday Target	543.27

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	541.85	560.00	568.95	519.00	0.023 times
03 Fri May 2024	541.20	507.90	628.40	498.05	4.548 times
26 Fri Apr 2024	485.85	419.05	495.40	407.00	4.785 times
19 Fri Apr 2024	417.20	425.00	427.95	408.05	1.066 times
12 Fri Apr 2024	428.85	448.05	454.65	424.70	0.308 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
06 Mon May 2024	541.85	550.00	585.00	519.00	0.082 times
30 Tue Apr 2024	579.60	385.80	628.40	385.80	0.897 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

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

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 559 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 positive

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