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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 2025-01-01 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 25530

Date	Daily Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	505.20	508.75	516.95	500.50	0.736 times
31 Tue Dec 2024	512.45	500.20	519.80	496.05	0.552 times
30 Mon Dec 2024	500.95	517.00	525.00	494.05	1.331 times
27 Fri Dec 2024	514.45	508.70	520.00	506.05	0.54 times
26 Thu Dec 2024	509.40	520.10	521.00	506.00	0.315 times
24 Tue Dec 2024	518.10	516.40	565.90	515.30	3.916 times
23 Mon Dec 2024	517.20	532.55	532.55	511.05	0.535 times
20 Fri Dec 2024	522.60	553.00	558.70	513.60	0.897 times
19 Thu Dec 2024	549.95	551.00	569.65	543.35	0.685 times
18 Wed Dec 2024	555.65	564.00	573.55	550.10	0.584 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 514.6, but if it comes above 514.6, then a intra day buy could be more profitable.
If you take a sell trade below 514.6, then use 514.6 as stoploss and 473.2 as target. However if you take a buy trade in stock , then use 514.6 as stoploss and 549.11 as target.

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Target	401.40
Downside Target	430.00
Downside Target	440.00
Downside Target	473.40
Downside Target	494.05
Upside Target	555.00
Upside Target	565.90
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	491.17
Downside Intraday Target	477.13
Upside Intraday Target	522.12
Upside Intraday Target	539.03
Upside Intraday Target	508.08

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	505.20	517.00	525.00	494.05	0.494 times
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

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
01 Wed Jan 2025	505.20	508.75	516.95	500.50	0.009 times
31 Tue Dec 2024	512.45	440.00	630.00	440.00	3.632 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

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 SELL. 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 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 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 518.81 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.