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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 2024-05-15 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 63456

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed May 2024	494.45	496.80	505.80	492.05	0.211 times
14 Tue May 2024	496.40	489.60	504.95	489.60	0.118 times
13 Mon May 2024	494.55	508.40	515.80	486.40	0.134 times
10 Fri May 2024	505.85	499.00	512.95	495.15	0.135 times
09 Thu May 2024	499.85	521.00	534.95	493.00	0.333 times
08 Wed May 2024	519.50	525.80	530.00	512.80	0.139 times
07 Tue May 2024	517.25	550.00	554.15	511.20	0.311 times
06 Mon May 2024	541.85	560.00	568.95	519.00	0.323 times
03 Fri May 2024	541.20	559.05	569.70	532.40	0.326 times
02 Thu May 2024	558.85	550.00	585.00	550.00	0.952 times

My analysis of stock is bullish for shortterm, and stock might move up till 544.1 or till 611. Use a stoploss of 488.38 and if this stock hits its stoploss, then it can fall down till 432.66

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	355.45
Downside Target	385.80
Downside Target	407.00
Downside Target	427.95
Downside Target	470.05
Downside Target	486.40
Upside 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	481.97
Downside Intraday Target	469.48
Upside Intraday Target	511.37
Upside Intraday Target	528.28
Upside Intraday Target	498.88

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed May 2024	494.45	508.40	515.80	486.40	0.373 times
10 Fri May 2024	505.85	560.00	568.95	493.00	0.087 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

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
15 Wed May 2024	494.45	550.00	585.00	486.40	0.153 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 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 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 neutral. A longer time frame might give a better analysis.

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

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

Medicamen Biotech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 buy signal for Medicamen Biotech in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 530 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.