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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 2024-09-13 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 58919

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	469.25	480.85	481.70	460.55	0.718 times
12 Thu Sep 2024	476.15	465.00	507.45	464.00	6.663 times
11 Wed Sep 2024	442.75	430.00	458.90	430.00	0.736 times
10 Tue Sep 2024	436.55	428.15	441.20	428.15	0.537 times
09 Mon Sep 2024	428.15	419.40	431.00	410.75	0.366 times
06 Fri Sep 2024	417.25	418.00	425.40	411.00	0.239 times
05 Thu Sep 2024	419.70	432.50	439.95	414.50	0.341 times
04 Wed Sep 2024	428.25	413.90	432.45	401.40	0.589 times
03 Tue Sep 2024	409.50	406.90	413.35	403.45	0.192 times
02 Mon Sep 2024	406.55	417.00	417.00	402.20	0.201 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 466.5, for a target of 442.1 or 421.74

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	375.05
Downside Target	383.00
Downside Target	400.05
Downside Target	410.75
Downside Target	422.50
Downside Target	439.95
Downside Target	441.95
Upside Target	475.00
Upside Target	507.45
Upside Target	519.90
Upside Target	535.00
Upside Target	585.00

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	417.52
Downside Intraday Target	365.78
Upside Intraday Target	514.22
Upside Intraday Target	559.18
Downside Intraday Target	462.48

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	469.25	419.40	507.45	410.75	5.776 times
06 Fri Sep 2024	417.25	417.00	439.95	401.40	1.907 times
30 Fri Aug 2024	414.85	410.00	422.50	400.05	0.56 times
23 Fri Aug 2024	408.55	393.35	425.95	383.00	0.941 times
16 Fri Aug 2024	389.30	406.40	422.50	375.05	0.865 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
13 Fri Sep 2024	469.25	417.00	507.45	401.40	1.702 times
30 Fri Aug 2024	414.85	435.00	441.95	375.05	0.455 times
31 Wed Jul 2024	434.00	469.40	535.00	430.00	1.573 times
28 Fri Jun 2024	454.65	505.00	519.90	428.00	1.293 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 461.34 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.