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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 2024-12-11 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 185296

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	579.90	604.85	608.15	576.00	0.208 times
10 Tue Dec 2024	602.00	599.00	625.00	596.90	0.308 times
09 Mon Dec 2024	599.00	602.05	615.00	591.50	0.392 times
06 Fri Dec 2024	604.55	584.00	630.00	568.00	1.894 times
05 Thu Dec 2024	579.60	531.95	602.90	528.25	3.269 times
04 Wed Dec 2024	528.25	492.30	538.40	482.50	1.223 times
03 Tue Dec 2024	488.20	454.00	510.00	454.00	2.417 times
02 Mon Dec 2024	449.20	440.00	451.55	440.00	0.133 times
29 Fri Nov 2024	443.45	442.30	450.95	439.05	0.075 times
28 Thu Nov 2024	440.85	443.05	459.00	435.10	0.147 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 553.8, but if it comes below 553.8, then a intra day sell could be more profitable.
If you take a sell trade below 553.8, then use 553.8 as stoploss and 491.43 as target. However if you take a buy trade in stock , then use 553.8 as stoploss and 628.8 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
Downside Target	555.00
Downside Target	576.00
Upside Target	592.00
Upside Target	601.00
Upside Target	625.00
Upside Target	630.00

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	562.27
Downside Intraday Target	544.63
Upside Intraday Target	611.27
Upside Intraday Target	642.63
Upside Intraday Target	593.63

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	579.90	602.05	625.00	576.00	0.102 times
06 Fri Dec 2024	604.55	440.00	630.00	440.00	14.234 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

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 Wed Dec 2024	579.90	440.00	630.00	440.00	3.023 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, and volume has increased substantially. This means that the move can 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Medicamen Biotech in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Medicamen Biotech Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Medicamen Biotech in short term but SELL 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 552.8 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.