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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 2024-07-18 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 57907

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	468.05	480.00	480.00	465.05	0.229 times
16 Tue Jul 2024	476.30	472.00	482.55	472.00	0.159 times
15 Mon Jul 2024	476.55	491.50	491.50	472.00	0.682 times
12 Fri Jul 2024	486.85	471.90	495.00	471.05	0.848 times
11 Thu Jul 2024	469.45	466.40	477.55	466.40	0.28 times
10 Wed Jul 2024	464.00	481.80	481.80	459.20	0.591 times
09 Tue Jul 2024	476.95	484.80	489.95	474.00	0.442 times
08 Mon Jul 2024	477.50	502.65	510.55	473.50	0.708 times
05 Fri Jul 2024	502.65	510.00	512.25	498.05	0.371 times
04 Thu Jul 2024	513.50	513.40	526.40	500.65	1.245 times

My analysis of stock is bearish for shortterm, and stock might move down till 456.7 or till 434.8. Use a stoploss of 475.02 and if the stock hits stoploss, then it can shoot up till 493.29

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
Upside Target	475.00
Upside Target	485.80
Upside Target	507.00
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	458.23
Downside Intraday Target	448.42
Upside Intraday Target	484.68
Upside Intraday Target	501.32
Upside Intraday Target	474.87

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	468.05	491.50	491.50	465.05	0.373 times
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

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
18 Thu Jul 2024	468.05	469.40	535.00	451.15	1.255 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 486.25 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.