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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 2024-07-29 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 20357

Date Daily Closing Price Open High Low Volume
29 Mon Jul 2024 442.95 450.00 455.30 440.35 1.522 times
26 Fri Jul 2024 449.75 454.80 459.55 447.85 0.705 times
25 Thu Jul 2024 452.65 453.20 459.95 449.10 0.725 times
24 Wed Jul 2024 453.25 456.15 463.95 446.85 1.583 times
23 Tue Jul 2024 456.15 450.40 468.00 444.55 0.506 times
22 Mon Jul 2024 454.50 453.50 457.95 449.55 0.397 times
19 Fri Jul 2024 453.10 470.50 470.50 452.00 0.627 times
18 Thu Jul 2024 468.05 480.00 480.00 465.05 0.652 times
16 Tue Jul 2024 476.30 472.00 482.55 472.00 0.453 times
15 Mon Jul 2024 476.55 491.50 491.50 472.00 1.94 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 450.7, but if it comes above 450.7, then a intra day buy could be more profitable.
If you take a sell trade below 450.7, then use 450.7 as stoploss and 427.1 as target. However if you take a buy trade in stock , then use 450.7 as stoploss and 470.36 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 440.35
Upside Target 491.50
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 437.1
Downside Intraday Target 431.25
Upside Intraday Target 452.05
Upside Intraday Target 461.15
Upside Intraday Target 446.2

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date Weekly Closing Price Open High Low Volume
29 Mon Jul 2024 442.95 450.00 455.30 440.35 0.389 times
26 Fri Jul 2024 449.75 453.50 468.00 444.55 1.067 times
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

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
29 Mon Jul 2024 442.95 469.40 535.00 440.35 1.497 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 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 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 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 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 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 458.58 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.

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 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 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 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 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 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 458.58 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.

Click here for Medicamen Biotech charts

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Daily charts

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