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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 2024-12-13 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 187801

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	565.90	567.95	594.00	561.00	0.203 times
12 Thu Dec 2024	571.55	570.00	589.45	560.00	0.213 times
11 Wed Dec 2024	579.90	604.85	608.15	576.00	0.205 times
10 Tue Dec 2024	602.00	599.00	625.00	596.90	0.304 times
09 Mon Dec 2024	599.00	602.05	615.00	591.50	0.387 times
06 Fri Dec 2024	604.55	584.00	630.00	568.00	1.869 times
05 Thu Dec 2024	579.60	531.95	602.90	528.25	3.226 times
04 Wed Dec 2024	528.25	492.30	538.40	482.50	1.207 times
03 Tue Dec 2024	488.20	454.00	510.00	454.00	2.384 times
02 Mon Dec 2024	449.20	440.00	451.55	440.00	0.131 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 567.3 as stoploss in an intra day sell trade for a target of 501.64. However, stock will show a bullish move above 567.3.

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	560.00
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	542.27
Downside Intraday Target	518.63
Upside Intraday Target	607.27
Upside Intraday Target	648.63
Upside Intraday Target	583.63

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	565.90	602.05	625.00	560.00	0.149 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
13 Fri Dec 2024	565.90	440.00	630.00	440.00	3.153 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 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 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 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 neutral. A longer time frame might give a better analysis.

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 and the buy signal is strong.

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 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 and the buying is gaining 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 555.86 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.