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(MedicamenBi) Medicamen Bi complete technical analysis [charts+indicators] | Buy/Sell Medicamen Bi | (MedicamenBi) share price targets

Complete technical analysis of Medicamen Bi (MedicamenBi) by charts plus indicators, forecast predictions and share price targets for Medicamen Bi (MedicamenBi)

Showing technical analysis as on 2024-07-31 View latest technical analysis

10 day averaged volume of Medicamen Bi is 1055

Date Daily Closing Price Open High Low Volume
31 Wed Jul 2024 436.65 450.95 450.95 432.00 3.888 times
30 Tue Jul 2024 438.80 442.50 442.50 437.00 1.282 times
29 Mon Jul 2024 442.00 450.00 454.45 439.60 0.865 times
26 Fri Jul 2024 449.70 455.55 455.55 449.70 0.651 times
25 Thu Jul 2024 451.65 452.95 457.95 450.05 0.444 times
24 Wed Jul 2024 452.35 458.95 462.05 446.65 0.877 times
23 Tue Jul 2024 455.60 454.00 458.95 449.00 1.19 times
22 Mon Jul 2024 454.35 453.45 458.05 450.00 1.659 times
19 Fri Jul 2024 454.70 464.85 464.90 451.15 0.518 times
18 Thu Jul 2024 465.50 472.00 474.65 465.00 0.362 times

Stock of Medicamen Bi (MedicamenBi) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 445.8, but if it comes above 445.8, then a intra day buy could be more profitable.
If you take a sell trade below 445.8, then use 445.8 as stoploss and 419.2 as target. However if you take a buy trade in stock , then use 445.8 as stoploss and 468 as target.

Share price targets for Medicamen Bi (MedicamenBi)

Target Type Value
Downside Target 356.75
Downside Target 390.50
Downside Target 430.95
Upside Target 446.65
Upside Target 475.50
Upside Target 488.65
Upside Target 509.40
Upside Target 512.25
Upside Target 522.70
Upside Target 535.45
Upside Target 584.75
Upside Target 628.40

Intraday share price targets for Medicamen Bi (MedicamenBi)

Target Type Value
Downside Intraday Target 427.62
Downside Intraday Target 418.58
Upside Intraday Target 450.07
Upside Intraday Target 463.48
Upside Intraday Target 441.03

Weekly technical analysis of Medicamen Bi (MedicamenBi)

Date Weekly Closing Price Open High Low Volume
31 Wed Jul 2024 436.65 450.00 454.45 432.00 1.252 times
26 Fri Jul 2024 449.70 453.45 462.05 446.65 0.66 times
19 Fri Jul 2024 454.70 487.05 488.65 451.15 1.122 times
12 Fri Jul 2024 489.80 512.25 512.25 460.00 0.135 times
05 Fri Jul 2024 503.25 467.65 535.45 455.00 2.743 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 Bi (MedicamenBi)

Date Monthly Closing Price Open High Low Volume
31 Wed Jul 2024 436.65 467.65 535.45 432.00 1.476 times
28 Fri Jun 2024 454.45 520.95 522.70 430.95 1.1 times
31 Fri May 2024 500.65 573.95 584.75 475.50 0.277 times
30 Tue Apr 2024 579.10 395.25 628.40 390.50 1.362 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 Bi (MedicamenBi)

Price action analysis of Medicamen Bi ( (MedicamenBi) ) 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 Bi ( (MedicamenBi) ) 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 Bi ( (MedicamenBi) ) 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 Bi ( (MedicamenBi) ) 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 Bi stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Medicamen Bi in short term and the sell signal is strong.

Medicamen Bi Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Medicamen Bi 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 positive zone. This is a BUY zone

Stock of Medicamen Bi is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 445.85 and Medicamen Bi (MedicamenBi) 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 Bi (MedicamenBi) stock. Volume based technical analysis of Medicamen Bi (MedicamenBi) stock is negative.

Medicamen Bi 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.

Price action analysis of Medicamen Bi ( (MedicamenBi) ) 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 Bi ( (MedicamenBi) ) 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 Bi ( (MedicamenBi) ) 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 Bi ( (MedicamenBi) ) 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 Bi stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Medicamen Bi in short term and the sell signal is strong.

Medicamen Bi Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Medicamen Bi 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 positive zone. This is a BUY zone

Stock of Medicamen Bi is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 445.85 and Medicamen Bi (MedicamenBi) 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 Bi (MedicamenBi) stock. Volume based technical analysis of Medicamen Bi (MedicamenBi) stock is negative.

Medicamen Bi 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.

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Daily charts

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