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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 2024-10-31 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 103483

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	536.25	547.40	566.00	526.10	0.811 times
30 Wed Oct 2024	547.85	485.05	558.00	485.05	2.25 times
29 Tue Oct 2024	486.75	494.50	498.35	480.35	0.122 times
28 Mon Oct 2024	495.30	493.10	504.75	476.65	0.729 times
25 Fri Oct 2024	498.20	486.40	560.00	482.20	5.27 times
24 Thu Oct 2024	481.05	495.80	499.15	475.65	0.107 times
23 Wed Oct 2024	498.40	486.00	504.25	482.35	0.166 times
22 Tue Oct 2024	485.70	515.05	516.45	473.40	0.458 times
21 Mon Oct 2024	513.30	540.60	545.60	508.60	0.288 times
18 Fri Oct 2024	544.25	512.95	550.00	507.00	0.433 times

My analysis of stock is bullish for shortterm, and stock might move up till 560.5 or till 596.6. Use a stoploss of 530.32 and if this stock hits its stoploss, then it can fall down till 500.18

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	375.05
Downside Target	401.40
Downside Target	428.00
Downside Target	441.95
Downside Target	473.40
Downside Target	507.00
Downside Target	535.00
Upside Target	556.00
Upside Target	566.00
Upside Target	575.40
Upside Target	580.60
Upside Target	592.00
Upside Target	601.00

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	486.6
Downside Intraday Target	436.95
Upside Intraday Target	575.95
Upside Intraday Target	615.65
Downside Intraday Target	526.3

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	536.25	493.10	566.00	476.65	0.622 times
25 Fri Oct 2024	498.20	540.60	560.00	473.40	5.262 times
18 Fri Oct 2024	544.25	567.00	575.40	507.00	0.947 times
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

Price has moved up 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
31 Thu Oct 2024	536.25	570.40	601.00	473.40	0.554 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 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 neutral. A longer time frame might give a better analysis.

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 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 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 SELL signal for Medicamen Biotech in short term but the sell signal is initial and weak.

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 stronger in this stock.

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 negative zone. This is the SELL 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 512.85 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.