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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 2024-07-19 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 32163

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	453.10	470.50	470.50	452.00	0.397 times
18 Thu Jul 2024	468.05	480.00	480.00	465.05	0.413 times
16 Tue Jul 2024	476.30	472.00	482.55	472.00	0.287 times
15 Mon Jul 2024	476.55	491.50	491.50	472.00	1.228 times
12 Fri Jul 2024	486.85	471.90	495.00	471.05	1.527 times
11 Thu Jul 2024	469.45	466.40	477.55	466.40	0.504 times
10 Wed Jul 2024	464.00	481.80	481.80	459.20	1.064 times
09 Tue Jul 2024	476.95	484.80	489.95	474.00	0.795 times
08 Mon Jul 2024	477.50	502.65	510.55	473.50	1.274 times
05 Fri Jul 2024	502.65	510.00	512.25	498.05	0.668 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 454.7, but if it comes above 454.7, then a intra day buy could be more profitable.
If you take a sell trade below 454.7, then use 454.7 as stoploss and 432.2 as target. However if you take a buy trade in stock , then use 454.7 as stoploss and 473.43 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
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	439.57
Downside Intraday Target	426.03
Upside Intraday Target	479.07
Upside Intraday Target	505.03
Upside Intraday Target	465.53

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	453.10	491.50	491.50	452.00	0.45 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
19 Fri Jul 2024	453.10	469.40	535.00	451.15	1.28 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 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 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 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 to mid 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 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 SELL. 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 but buying is losing 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 477.15 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.