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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 2025-01-06 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 26612

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	495.10	530.00	538.25	491.60	0.629 times
03 Fri Jan 2025	526.95	523.90	531.80	515.00	0.524 times
02 Thu Jan 2025	524.10	504.50	532.20	504.40	1.013 times
01 Wed Jan 2025	505.20	508.75	516.95	500.50	0.706 times
31 Tue Dec 2024	512.45	500.20	519.80	496.05	0.53 times
30 Mon Dec 2024	500.95	517.00	525.00	494.05	1.277 times
27 Fri Dec 2024	514.45	508.70	520.00	506.05	0.518 times
26 Thu Dec 2024	509.40	520.10	521.00	506.00	0.302 times
24 Tue Dec 2024	518.10	516.40	565.90	515.30	3.756 times
23 Mon Dec 2024	517.20	532.55	532.55	511.05	0.513 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 507.6, but if it comes above 507.6, then a intra day buy could be more profitable.
If you take a sell trade below 507.6, then use 507.6 as stoploss and 467.8 as target. However if you take a buy trade in stock , then use 507.6 as stoploss and 540.8 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	491.60
Upside Target	506.00
Upside Target	532.20
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	478.38
Downside Intraday Target	461.67
Upside Intraday Target	525.03
Upside Intraday Target	554.97
Upside Intraday Target	508.32

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	495.10	530.00	538.25	491.60	0.155 times
03 Fri Jan 2025	526.95	517.00	532.20	494.05	0.796 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

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
06 Mon Jan 2025	495.10	508.75	538.25	491.60	0.035 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and the sell 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. 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 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 513.73 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.