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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 2024-12-27 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 30566

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	514.45	508.70	520.00	506.05	0.451 times
26 Thu Dec 2024	509.40	520.10	521.00	506.00	0.263 times
24 Tue Dec 2024	518.10	516.40	565.90	515.30	3.27 times
23 Mon Dec 2024	517.20	532.55	532.55	511.05	0.447 times
20 Fri Dec 2024	522.60	553.00	558.70	513.60	0.749 times
19 Thu Dec 2024	549.95	551.00	569.65	543.35	0.572 times
18 Wed Dec 2024	555.65	564.00	573.55	550.10	0.488 times
17 Tue Dec 2024	563.65	579.90	583.00	562.15	0.539 times
16 Mon Dec 2024	581.80	569.85	592.85	566.20	1.11 times
13 Fri Dec 2024	565.90	567.95	594.00	561.00	1.25 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 496.3 as stoploss in an intra day buy trade for a target of 542.22. However, stock will show a bearish move below 496.3.

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	506.00
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	491.67
Downside Intraday Target	468.88
Upside Intraday Target	551.57
Upside Intraday Target	588.68
Upside Intraday Target	528.78

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	514.45	532.55	565.90	506.00	1.281 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
27 Fri Dec 2024	514.45	440.00	630.00	440.00	3.552 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 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 mid to longer 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.

ADX buy sell signal for Medicamen Biotech stock for short term is BUY. Signal strength is Weak and stock is losing 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Medicamen Biotech in short term but BUY 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

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 538.95 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.