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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 2024-09-25 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 69768

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	516.75	451.90	538.90	451.90	18.224 times
24 Tue Sep 2024	449.50	456.90	460.65	442.60	0.185 times
23 Mon Sep 2024	454.55	463.95	469.50	451.10	0.245 times
20 Fri Sep 2024	462.95	446.95	470.00	440.35	0.744 times
19 Thu Sep 2024	446.95	468.25	473.70	441.60	0.502 times
18 Wed Sep 2024	463.15	471.00	479.95	458.50	0.438 times
17 Tue Sep 2024	476.50	478.20	481.90	468.40	0.336 times
16 Mon Sep 2024	478.00	488.00	488.00	470.05	0.695 times
13 Fri Sep 2024	469.25	480.85	481.70	460.55	0.607 times
12 Thu Sep 2024	476.15	465.00	507.45	464.00	5.627 times

Stock of Medicamen Biotech (MEDICAMEQ) has showed a significant upmove. This could be a good time to enter in this stock!

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 508.7, for a target of 474.1 or 445.29

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	375.05
Downside Target	400.05
Downside Target	410.75
Downside Target	422.50
Downside Target	439.95
Downside Target	475.00
Downside Target	488.00
Downside Target	507.45
Upside Target	519.90
Upside Target	535.00
Upside Target	538.90
Upside Target	585.00

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	459.93
Downside Intraday Target	403.12
Upside Intraday Target	556.23
Upside Intraday Target	595.72
Downside Intraday Target	499.42

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	516.75	463.95	538.90	442.60	6.873 times
20 Fri Sep 2024	462.95	488.00	488.00	440.35	0.356 times
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

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
25 Wed Sep 2024	516.75	417.00	538.90	401.40	5.771 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Medicamen Biotech stock for short term is BUY. Signal strength is Strong and stock is gaining 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY zone

Stock of Medicamen Biotech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 501.39 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.