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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 2024-12-16 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 190231

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	581.80	569.85	592.85	566.20	0.178 times
13 Fri Dec 2024	565.90	567.95	594.00	561.00	0.201 times
12 Thu Dec 2024	571.55	570.00	589.45	560.00	0.211 times
11 Wed Dec 2024	579.90	604.85	608.15	576.00	0.203 times
10 Tue Dec 2024	602.00	599.00	625.00	596.90	0.3 times
09 Mon Dec 2024	599.00	602.05	615.00	591.50	0.382 times
06 Fri Dec 2024	604.55	584.00	630.00	568.00	1.845 times
05 Thu Dec 2024	579.60	531.95	602.90	528.25	3.184 times
04 Wed Dec 2024	528.25	492.30	538.40	482.50	1.191 times
03 Tue Dec 2024	488.20	454.00	510.00	454.00	2.354 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 574.9, but if it comes below 574.9, then a intra day sell could be more profitable.
If you take a sell trade below 574.9, then use 574.9 as stoploss and 507.78 as target. However if you take a buy trade in stock , then use 574.9 as stoploss and 655.4 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	555.00
Upside Target	592.00
Upside Target	592.85
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	567.72
Downside Intraday Target	553.63
Upside Intraday Target	594.37
Upside Intraday Target	606.93
Downside Intraday Target	580.28

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	581.80	569.85	592.85	566.20	0.138 times
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

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
16 Mon Dec 2024	581.80	440.00	630.00	440.00	3.209 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 557.69 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.