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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 2024-12-04 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 87521

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	528.25	492.30	538.40	482.50	2.589 times
03 Tue Dec 2024	488.20	454.00	510.00	454.00	5.116 times
02 Mon Dec 2024	449.20	440.00	451.55	440.00	0.282 times
29 Fri Nov 2024	443.45	442.30	450.95	439.05	0.159 times
28 Thu Nov 2024	440.85	443.05	459.00	435.10	0.31 times
27 Wed Nov 2024	442.65	451.00	451.45	440.10	0.302 times
26 Tue Nov 2024	449.90	441.15	454.25	433.30	0.285 times
25 Mon Nov 2024	439.90	446.80	455.00	435.00	0.272 times
22 Fri Nov 2024	446.75	434.60	498.00	431.60	2.976 times
21 Thu Nov 2024	431.40	450.10	453.90	430.00	0.145 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 504.6, but if it comes below 504.6, then a intra day sell could be more profitable.
If you take a sell trade below 504.6, then use 504.6 as stoploss and 471.75 as target. However if you take a buy trade in stock , then use 504.6 as stoploss and 544 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	459.00
Downside Target	473.40
Downside Target	498.00
Downside Target	511.00
Upside Target	538.40
Upside Target	548.95
Upside Target	555.00
Upside Target	592.00
Upside Target	601.00

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	466.03
Downside Intraday Target	403.82
Upside Intraday Target	564.43
Upside Intraday Target	600.62
Downside Intraday Target	502.22

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	528.25	440.00	538.40	440.00	6.01 times
29 Fri Nov 2024	443.45	446.80	459.00	433.30	0.383 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

Price has moved up 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
04 Wed Dec 2024	528.25	440.00	538.40	440.00	1.158 times
29 Fri Nov 2024	443.45	539.45	555.00	430.00	0.371 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

Scroll below to view daily charts

Price has moved up 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 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.

Price action analysis of Medicamen Biotech ( (MEDICAMEQ) ) based on a short to mid 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 mid to longer 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.

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 BUY signal for Medicamen Biotech in short term but the buy 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 red color and prices are in or above the red cloud Prices appear to be moving up

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 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 480.28 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.