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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 2024-07-05 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 53962

Date Daily Closing Price Open High Low Volume
05 Fri Jul 2024 502.65 510.00 512.25 498.05 0.398 times
04 Thu Jul 2024 513.50 513.40 526.40 500.65 1.336 times
03 Wed Jul 2024 510.70 467.00 535.00 466.85 5.017 times
02 Tue Jul 2024 464.60 459.65 466.00 451.15 0.531 times
01 Mon Jul 2024 457.70 469.40 469.40 456.00 0.394 times
28 Fri Jun 2024 454.65 443.35 483.00 440.00 1.152 times
27 Thu Jun 2024 439.00 451.50 454.90 436.20 0.376 times
26 Wed Jun 2024 451.50 473.60 474.25 445.10 0.678 times
25 Tue Jun 2024 471.10 477.80 480.00 468.05 0.223 times
24 Mon Jun 2024 475.30 483.75 485.80 472.50 0.19 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 494.6, but if it comes below 494.6, then a intra day sell could be more profitable.
If you take a sell trade below 494.6, then use 494.6 as stoploss and 476.35 as target. However if you take a buy trade in stock , then use 494.6 as stoploss and 516.5 as target.

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type Value
Downside Target 355.45
Downside Target 385.80
Downside Target 428.00
Downside Target 451.15
Downside Target 465.00
Downside Target 485.80
Upside Target 507.00
Upside Target 519.90
Upside Target 535.00
Upside Target 585.00
Upside Target 628.40

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type Value
Downside Intraday Target 457.53
Downside Intraday Target 412.42
Upside Intraday Target 541.38
Upside Intraday Target 580.12
Downside Intraday Target 496.27

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date Weekly Closing Price Open High Low Volume
05 Fri Jul 2024 502.65 469.40 535.00 451.15 2.93 times
28 Fri Jun 2024 454.65 483.75 485.80 436.20 1.73 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date Monthly Closing Price Open High Low Volume
05 Fri Jul 2024 502.65 469.40 535.00 451.15 0.81 times
28 Fri Jun 2024 454.65 505.00 519.90 428.00 1.293 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

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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

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 492.04 and Medicamen Biotech (MEDICAMEQ) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

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 492.04 and Medicamen Biotech (MEDICAMEQ) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

Click here for Medicamen Biotech charts

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Daily charts

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