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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 2024-11-22 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 18415

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	446.75	434.60	498.00	431.60	14.142 times
21 Thu Nov 2024	431.40	450.10	453.90	430.00	0.69 times
19 Tue Nov 2024	450.45	456.00	468.50	445.40	0.726 times
18 Mon Nov 2024	460.30	459.05	468.25	436.05	0.917 times
14 Thu Nov 2024	459.05	449.25	469.50	449.25	0.667 times
13 Wed Nov 2024	451.95	474.05	484.95	448.50	2.348 times
12 Tue Nov 2024	481.25	492.95	499.95	475.00	0.842 times
11 Mon Nov 2024	491.10	511.00	511.00	487.00	0.688 times
08 Fri Nov 2024	507.50	520.45	533.90	504.00	1.245 times
07 Thu Nov 2024	517.50	520.05	540.45	515.05	0.738 times

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

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 458.8, but if it comes above 458.8, then a intra day buy could be more profitable.
If you take a sell trade below 458.8, then use 458.8 as stoploss and 416.4 as target. However if you take a buy trade in stock , then use 458.8 as stoploss and 494.02 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
Upside Target	473.40
Upside Target	498.00
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	418.5
Downside Intraday Target	390.25
Upside Intraday Target	486.5
Upside Intraday Target	526.25
Upside Intraday Target	458.25

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	446.75	459.05	498.00	430.00	3.625 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, 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
22 Fri Nov 2024	446.75	539.45	555.00	430.00	0.299 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 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 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 Weak and stock is losing 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 moving up

CCI has generated a buy signal for Medicamen Biotech in short term but BUY signal is weak.

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 455.98 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.