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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 2024-12-23 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 35236

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	517.20	532.55	532.55	511.05	0.388 times
20 Fri Dec 2024	522.60	553.00	558.70	513.60	0.65 times
19 Thu Dec 2024	549.95	551.00	569.65	543.35	0.496 times
18 Wed Dec 2024	555.65	564.00	573.55	550.10	0.423 times
17 Tue Dec 2024	563.65	579.90	583.00	562.15	0.468 times
16 Mon Dec 2024	581.80	569.85	592.85	566.20	0.963 times
13 Fri Dec 2024	565.90	567.95	594.00	561.00	1.084 times
12 Thu Dec 2024	571.55	570.00	589.45	560.00	1.138 times
11 Wed Dec 2024	579.90	604.85	608.15	576.00	1.095 times
10 Tue Dec 2024	602.00	599.00	625.00	596.90	1.622 times

My analysis of stock is bearish for shortterm, and stock might move down till 474.2 or till 405.2. Use a stoploss of 531.79 and if the stock hits stoploss, then it can shoot up till 589.35

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	511.05
Upside Target	532.55
Upside 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	507.98
Downside Intraday Target	498.77
Upside Intraday Target	529.48
Upside Intraday Target	541.77
Upside Intraday Target	520.27

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	517.20	532.55	532.55	511.05	0.129 times
20 Fri Dec 2024	522.60	569.85	592.85	513.60	0.429 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

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
23 Mon Dec 2024	517.20	440.00	630.00	440.00	3.351 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Medicamen Biotech in short term but the sell signal is initial and weak.

Medicamen Biotech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Medicamen Biotech in short term and SELL 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 570.14 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.