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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)

10 day averaged volume of Medicamen Biotech is 113845

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 517.25 550.00 554.15 511.20 0.173 times
06 Mon May 2024 541.85 560.00 568.95 519.00 0.18 times
03 Fri May 2024 541.20 559.05 569.70 532.40 0.182 times
02 Thu May 2024 558.85 550.00 585.00 550.00 0.53 times
30 Tue Apr 2024 579.60 613.90 628.40 571.45 4.03 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 527.3 as stoploss in an intra day sell trade for a target of 467.59. However, stock will show a bullish move above 527.3.

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type Value
Downside Target 355.45
Downside Target 385.80
Downside Target 407.00
Downside Target 424.70
Downside Target 454.65
Downside Target 470.05
Downside Target 495.40
Upside Target 530.20
Upside Target 568.95
Upside Target 582.00
Upside Target 585.00
Upside Target 618.85
Upside Target 628.40

Intraday share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type Value
Downside Intraday Target 495.98
Downside Intraday Target 474.72
Upside Intraday Target 553.73
Upside Intraday Target 590.22
Upside Intraday Target 532.47

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 517.25 560.00 568.95 511.20 0.044 times
03 Fri May 2024 541.20 507.90 628.40 498.05 4.548 times
26 Fri Apr 2024 485.85 419.05 495.40 407.00 4.785 times
19 Fri Apr 2024 417.20 425.00 427.95 408.05 1.066 times
12 Fri Apr 2024 428.85 448.05 454.65 424.70 0.308 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 May 2024 517.25 550.00 585.00 511.20 0.098 times
30 Tue Apr 2024 579.60 385.80 628.40 385.80 0.897 times
28 Thu Mar 2024 383.90 491.50 507.00 355.45 1.864 times
29 Thu Feb 2024 486.70 542.60 582.00 470.05 1.76 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 36, 18, 33 Buy
MACD 42, 28Buy
Stochastics 56None
CCI 23Sell
RSI 62Buy
OBV -20031Sell
VWAP 560Sell
ADL 0Sell
ROC 25Buy
Force Index 0Sell

Price action analysis of Medicamen Biotech ( (MEDICAMEQ) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 to mid 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 mid to longer 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.

ADX buy sell signal for Medicamen Biotech stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Medicamen Biotech in short term and the buy 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

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 559.59 and Medicamen Biotech (MEDICAMEQ) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.

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