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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 15312

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 529.50 520.00 544.95 510.50 0.704 times
16 Thu May 2024 521.80 491.90 535.00 491.90 2.236 times
15 Wed May 2024 494.45 496.80 505.80 492.05 0.873 times
14 Tue May 2024 496.40 489.60 504.95 489.60 0.49 times
13 Mon May 2024 494.55 508.40 515.80 486.40 0.554 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 550.4 as stoploss in an intra day sell trade for a target of 499.31. However, stock will show a bullish move above 550.4.

Share price targets for Medicamen Biotech (MEDICAMEQ)

Target Type Value
Downside Target 355.45
Downside Target 385.80
Downside Target 407.00
Downside Target 427.95
Downside Target 470.05
Downside Target 486.40
Upside Target 530.20
Upside Target 544.95
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 495.62
Downside Intraday Target 461.73
Upside Intraday Target 554.17
Upside Intraday Target 578.83
Downside Intraday Target 520.28

Weekly technical analysis of Medicamen Biotech (MEDICAMEQ)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 529.50 508.40 544.95 486.40 0.945 times
10 Fri May 2024 505.85 560.00 568.95 493.00 0.087 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

Price has moved up 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
17 Fri May 2024 529.50 550.00 585.00 486.40 0.19 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 30, 14, 35 Buy
MACD 28, 28Sell
Stochastics 34None
CCI 72Buy
RSI 58Buy
OBV -17124Sell
VWAP 515Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Medicamen Biotech ( (MEDICAMEQ) ) based on a short 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.

Price action analysis of Medicamen Biotech ( (MEDICAMEQ) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Medicamen Biotech ( (MEDICAMEQ) ) based on a short to mid 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 mid to longer term time period is

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

MACD generated a SELL signal for Medicamen Biotech in short term but the sell signal is initial and weak.

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

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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Medicamen Biotech in short term and BUY 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

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 515.24 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.

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