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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 2024-11-21 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 18448

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	431.40	450.10	453.90	430.00	0.689 times
19 Tue Nov 2024	450.45	456.00	468.50	445.40	0.724 times
18 Mon Nov 2024	460.30	459.05	468.25	436.05	0.915 times
14 Thu Nov 2024	459.05	449.25	469.50	449.25	0.666 times
13 Wed Nov 2024	451.95	474.05	484.95	448.50	2.344 times
12 Tue Nov 2024	481.25	492.95	499.95	475.00	0.841 times
11 Mon Nov 2024	491.10	511.00	511.00	487.00	0.686 times
08 Fri Nov 2024	507.50	520.45	533.90	504.00	1.243 times
07 Thu Nov 2024	517.50	520.05	540.45	515.05	0.736 times
06 Wed Nov 2024	525.30	532.00	534.35	515.00	1.138 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 422.8, for a target of 463 or 496.61

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	375.05
Downside Target	401.40
Downside Target	430.00
Upside Target	441.95
Upside Target	468.50
Upside Target	504.00
Upside Target	535.00
Upside Target	548.95
Upside Target	555.00
Upside Target	560.00
Upside Target	566.00
Upside Target	592.00
Upside Target	601.00

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	418.1
Downside Intraday Target	404.8
Upside Intraday Target	456.6
Upside Intraday Target	481.8
Upside Intraday Target	443.3

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	431.40	459.05	468.50	430.00	0.513 times
14 Thu Nov 2024	459.05	511.00	511.00	448.50	0.909 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

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
21 Thu Nov 2024	431.40	539.45	555.00	430.00	0.139 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Medicamen Biotech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 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 476.94 and Medicamen Biotech (MEDICAMEQ) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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.