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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 2024-11-11 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 50484

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	491.10	511.00	511.00	487.00	0.251 times
08 Fri Nov 2024	507.50	520.45	533.90	504.00	0.454 times
07 Thu Nov 2024	517.50	520.05	540.45	515.05	0.269 times
06 Wed Nov 2024	525.30	532.00	534.35	515.00	0.416 times
05 Tue Nov 2024	529.95	530.00	541.30	527.00	0.258 times
04 Mon Nov 2024	533.20	548.95	548.95	523.50	0.427 times
01 Fri Nov 2024	549.35	539.45	555.00	535.85	0.157 times
31 Thu Oct 2024	536.25	547.40	566.00	526.10	1.663 times
30 Wed Oct 2024	547.85	485.05	558.00	485.05	4.612 times
29 Tue Oct 2024	486.75	494.50	498.35	480.35	0.249 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 494.3, but if it comes above 494.3, then a intra day buy could be more profitable.
If you take a sell trade below 494.3, then use 494.3 as stoploss and 467.4 as target. However if you take a buy trade in stock , then use 494.3 as stoploss and 516.82 as target.

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	375.05
Downside Target	401.40
Downside Target	430.00
Downside Target	441.95
Downside Target	473.40
Downside Target	487.00
Upside Target	504.00
Upside Target	535.00
Upside Target	548.95
Upside Target	560.00
Upside Target	566.00
Upside Target	575.40
Upside Target	592.00
Upside Target	601.00

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	481.73
Downside Intraday Target	472.37
Upside Intraday Target	505.73
Upside Intraday Target	520.37
Upside Intraday Target	496.37

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	491.10	511.00	511.00	487.00	0.137 times
08 Fri Nov 2024	507.50	548.95	548.95	504.00	0.223 times
01 Fri Nov 2024	549.35	493.10	566.00	476.65	0.634 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

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 Mon Nov 2024	491.10	539.45	555.00	487.00	0.069 times
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

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 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 neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Weak and stock is losing momentum.

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

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 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 536.97 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 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.