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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 2025-01-17 View latest technical analysis

10 day averaged volume of Medicamen Biotech is 17034

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	476.90	478.95	486.30	470.75	0.995 times
16 Thu Jan 2025	473.85	476.00	492.80	470.10	1.441 times
15 Wed Jan 2025	475.65	482.00	489.90	473.20	0.698 times
14 Tue Jan 2025	480.95	471.00	492.40	471.00	1.258 times
13 Mon Jan 2025	473.65	478.70	499.90	470.40	1.994 times
10 Fri Jan 2025	478.70	496.10	501.85	476.00	1.096 times
09 Thu Jan 2025	496.85	506.55	512.75	496.00	0.411 times
08 Wed Jan 2025	506.55	518.30	518.35	500.35	0.609 times
07 Tue Jan 2025	516.75	498.00	520.00	498.00	0.691 times
06 Mon Jan 2025	495.10	530.00	538.25	491.60	0.983 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 483.2, but if it comes above 483.2, then a intra day buy could be more profitable.
If you take a sell trade below 483.2, then use 483.2 as stoploss and 461.5 as target. However if you take a buy trade in stock , then use 483.2 as stoploss and 501.32 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	470.10
Upside Target	494.05
Upside Target	532.20
Upside Target	538.25
Upside Target	555.00
Upside Target	565.90
Upside Target	592.00
Upside Target	592.85
Upside Target	601.00
Upside Target	630.00

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type	Value
Downside Intraday Target	464.7
Downside Intraday Target	452.5
Upside Intraday Target	494.5
Upside Intraday Target	512.1
Upside Intraday Target	482.3

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	476.90	478.70	499.90	470.10	1.685 times
10 Fri Jan 2025	478.70	530.00	538.25	476.00	0.599 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	476.90	508.75	538.25	470.10	0.106 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 Strong 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 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 red color and prices are below the red cloud Prices appear to be moving up

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 483.48 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.