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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 2024-06-27 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 17942

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	439.00	451.50	454.90	436.20	1.132 times
26 Wed Jun 2024	451.50	473.60	474.25	445.10	2.04 times
25 Tue Jun 2024	471.10	477.80	480.00	468.05	0.671 times
24 Mon Jun 2024	475.30	483.75	485.80	472.50	0.572 times
21 Fri Jun 2024	479.05	489.85	489.85	477.15	0.309 times
20 Thu Jun 2024	485.05	472.50	495.00	465.00	2.351 times
19 Wed Jun 2024	470.05	473.00	474.00	468.15	1.185 times
18 Tue Jun 2024	470.55	480.00	480.85	467.05	0.709 times
14 Fri Jun 2024	479.35	476.95	482.20	471.75	0.669 times
13 Thu Jun 2024	475.55	482.00	487.75	471.25	0.749 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 443.3, for a target of 460.7 or 475.16

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	355.45
Downside Target	385.80
Downside Target	428.00
Upside Target	465.00
Upside Target	485.80
Upside Target	507.00
Upside Target	510.00
Upside Target	519.90
Upside Target	545.45
Upside Target	582.00
Upside Target	585.00
Upside Target	628.40

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	421.53
Downside Intraday Target	404.07
Upside Intraday Target	471.13
Upside Intraday Target	503.27
Upside Intraday Target	453.67

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	439.00	483.75	485.80	436.20	0.969 times
21 Fri Jun 2024	479.05	480.00	495.00	465.00	1.012 times
14 Fri Jun 2024	479.35	495.00	510.00	471.25	0.389 times
07 Fri Jun 2024	489.95	505.00	519.90	428.00	1.619 times
31 Fri May 2024	500.15	531.00	545.45	475.00	4.489 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
27 Thu Jun 2024	439.00	505.00	519.90	428.00	1.136 times
31 Fri May 2024	500.15	550.00	585.00	475.00	0.32 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

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 term time period is neutral. A longer time frame might give a better analysis.

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

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 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 468.07 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.