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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 2025-01-07 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 25998

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue Jan 2025	516.75	498.00	520.00	498.00	0.453 times
06 Mon Jan 2025	495.10	530.00	538.25	491.60	0.644 times
03 Fri Jan 2025	526.95	523.90	531.80	515.00	0.537 times
02 Thu Jan 2025	524.10	504.50	532.20	504.40	1.037 times
01 Wed Jan 2025	505.20	508.75	516.95	500.50	0.723 times
31 Tue Dec 2024	512.45	500.20	519.80	496.05	0.542 times
30 Mon Dec 2024	500.95	517.00	525.00	494.05	1.307 times
27 Fri Dec 2024	514.45	508.70	520.00	506.05	0.53 times
26 Thu Dec 2024	509.40	520.10	521.00	506.00	0.309 times
24 Tue Dec 2024	518.10	516.40	565.90	515.30	3.845 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 505.9 as stoploss in an intra day buy trade for a target of 536.68. However, stock will show a bearish move below 505.9.

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
Downside 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	492.82
Downside Intraday Target	468.88
Upside Intraday Target	539.47
Upside Intraday Target	562.18
Downside Intraday Target	515.53

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue Jan 2025	516.75	530.00	538.25	491.60	0.265 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
07 Tue Jan 2025	516.75	508.75	538.25	491.60	0.04 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 up 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 and the buying is gaining 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 513.68 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 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.