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 2024-11-26 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 43384

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	449.90	441.15	454.25	433.30	0.575 times
25 Mon Nov 2024	439.90	446.80	455.00	435.00	0.55 times
22 Fri Nov 2024	446.75	434.60	498.00	431.60	6.003 times
21 Thu Nov 2024	431.40	450.10	453.90	430.00	0.293 times
19 Tue Nov 2024	450.45	456.00	468.50	445.40	0.308 times
18 Mon Nov 2024	460.30	459.05	468.25	436.05	0.389 times
14 Thu Nov 2024	459.05	449.25	469.50	449.25	0.283 times
13 Wed Nov 2024	451.95	474.05	484.95	448.50	0.997 times
12 Tue Nov 2024	481.25	492.95	499.95	475.00	0.357 times
11 Mon Nov 2024	491.10	511.00	511.00	487.00	0.292 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 451.4, but if it comes above 451.4, then a intra day buy could be more profitable.
If you take a sell trade below 451.4, then use 451.4 as stoploss and 405.5 as target. However if you take a buy trade in stock , then use 451.4 as stoploss and 489.55 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	511.00
Upside Target	535.00
Upside Target	548.95
Upside Target	555.00
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	437.13
Downside Intraday Target	424.37
Upside Intraday Target	458.83
Upside Intraday Target	467.77
Downside Intraday Target	446.07

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	449.90	446.80	455.00	433.30	0.161 times
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

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
26 Tue Nov 2024	449.90	539.45	555.00	430.00	0.329 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Medicamen Biotech stock for short term is SELL. Signal strength is Weak 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 weakening, and bulls are picking up momentum!

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

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 450.12 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.