Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-11 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 126364

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	568.35	569.65	578.70	560.10	0.092 times
10 Thu Oct 2024	569.65	553.00	579.00	551.25	0.152 times
09 Wed Oct 2024	556.80	559.00	574.65	551.40	0.094 times
08 Tue Oct 2024	559.95	544.15	575.00	541.20	0.305 times
07 Mon Oct 2024	544.15	580.60	580.60	515.90	0.391 times
04 Fri Oct 2024	572.65	578.80	591.35	556.00	0.509 times
03 Thu Oct 2024	579.15	573.95	601.00	562.00	0.786 times
01 Tue Oct 2024	585.55	570.40	598.85	561.05	1.22 times
30 Mon Sep 2024	568.30	585.45	592.00	557.05	0.728 times
27 Fri Sep 2024	580.05	532.45	585.00	520.10	3.592 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 573.2 as stoploss in an intra day sell trade for a target of 521.98. However, stock will show a bullish move above 573.2.

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	375.05
Downside Target	401.40
Downside Target	410.75
Downside Target	428.00
Downside Target	440.35
Downside Target	488.00
Downside Target	507.45
Downside Target	535.00
Downside Target	556.00
Upside Target	580.60
Upside Target	585.00
Upside Target	592.00
Upside Target	601.00

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	529.3
Downside Intraday Target	490.25
Upside Intraday Target	594
Upside Intraday Target	619.65
Downside Intraday Target	554.95

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	568.35	580.60	580.60	515.90	0.319 times
04 Fri Oct 2024	572.65	585.45	601.00	556.00	0.201 times
27 Fri Sep 2024	580.05	463.95	585.00	442.60	10.753 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

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
11 Fri Oct 2024	568.35	570.40	601.00	515.90	0.152 times
30 Mon Sep 2024	568.30	417.00	592.00	401.40	8.027 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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.

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 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

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 576.07 and Medicamen Biotech (MEDICAMEQ) stock is trading below this level. This means that stock is falling with high volumes. 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.