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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 2024-07-12 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 59332

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	486.85	471.90	495.00	471.05	0.828 times
11 Thu Jul 2024	469.45	466.40	477.55	466.40	0.273 times
10 Wed Jul 2024	464.00	481.80	481.80	459.20	0.577 times
09 Tue Jul 2024	476.95	484.80	489.95	474.00	0.431 times
08 Mon Jul 2024	477.50	502.65	510.55	473.50	0.691 times
05 Fri Jul 2024	502.65	510.00	512.25	498.05	0.362 times
04 Thu Jul 2024	513.50	513.40	526.40	500.65	1.215 times
03 Wed Jul 2024	510.70	467.00	535.00	466.85	4.563 times
02 Tue Jul 2024	464.60	459.65	466.00	451.15	0.483 times
01 Mon Jul 2024	457.70	469.40	469.40	456.00	0.358 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 493.3 as stoploss in an intra day sell trade for a target of 474.98. However, stock will show a bullish move above 493.3.

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	485.80
Upside Target	507.00
Upside Target	510.00
Upside Target	510.55
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	460.52
Downside Intraday Target	434.18
Upside Intraday Target	511.87
Upside Intraday Target	536.88
Downside Intraday Target	485.53

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	486.85	502.65	510.55	459.20	0.401 times
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

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
12 Fri Jul 2024	486.85	469.40	535.00	451.15	1.134 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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Medicamen Biotech in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 496.77 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.