(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 2024-08-23 View latest technical analysis
10 day averaged volume of Medicamen Bi is 2303
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 408.10 | 416.10 | 416.30 | 408.10 | 0.052 times |
| 22 Thu Aug 2024 | 417.80 | 415.95 | 424.40 | 412.95 | 1.099 times |
| 21 Wed Aug 2024 | 415.60 | 420.00 | 420.00 | 411.55 | 0.921 times |
| 20 Tue Aug 2024 | 413.30 | 390.50 | 415.15 | 390.50 | 0.835 times |
| 19 Mon Aug 2024 | 390.00 | 394.85 | 405.55 | 385.95 | 1.285 times |
| 16 Fri Aug 2024 | 389.10 | 414.80 | 414.80 | 384.55 | 1.509 times |
| 14 Wed Aug 2024 | 386.20 | 387.00 | 391.40 | 377.00 | 0.614 times |
| 13 Tue Aug 2024 | 386.80 | 407.00 | 420.00 | 383.80 | 1.394 times |
| 12 Mon Aug 2024 | 405.15 | 412.60 | 420.95 | 402.10 | 0.866 times |
| 09 Fri Aug 2024 | 404.80 | 408.90 | 419.00 | 402.05 | 0.418 times |
My analysis of stock is bearish for shortterm, and stock might move down till 394 or till 371.4. Use a stoploss of 412.89 and if the stock hits stoploss, then it can shoot up till 431.73
Share price targets for Medicamen Bi (MedicamenBi)
| Target Type | Value |
| Downside Target | 377.00 |
| Downside Target | 385.95 |
| Downside Target | 400.00 |
| Upside Target | 420.95 |
| Upside Target | 442.25 |
| Upside Target | 454.45 |
| Upside Target | 462.05 |
| Upside Target | 475.50 |
| 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 | 387.9 |
| Downside Intraday Target | 367.7 |
| Upside Intraday Target | 426.35 |
| Upside Intraday Target | 444.6 |
| Downside Intraday Target | 406.15 |
Weekly technical analysis of Medicamen Bi (MedicamenBi)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 408.10 | 394.85 | 424.40 | 385.95 | 0.956 times |
| 16 Fri Aug 2024 | 389.10 | 412.60 | 420.95 | 377.00 | 1.035 times |
| 09 Fri Aug 2024 | 404.80 | 427.00 | 427.00 | 400.00 | 0.686 times |
| 02 Fri Aug 2024 | 427.15 | 450.00 | 454.45 | 424.35 | 2.795 times |
| 26 Fri Jul 2024 | 449.70 | 453.45 | 462.05 | 446.65 | 0.66 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 Bi (MedicamenBi)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 408.10 | 440.00 | 442.25 | 377.00 | 0.487 times |
| 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 |
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 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 Bi ( (MedicamenBi) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Medicamen Bi in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Medicamen Bi Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal for Medicamen Bi in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 Bi is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 399.53 and Medicamen Bi (MedicamenBi) 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 Bi (MedicamenBi) stock. Volume based technical analysis of Medicamen Bi (MedicamenBi) stock is negative.
Medicamen Bi Stock is giving positive 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 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 Bi ( (MedicamenBi) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Medicamen Bi in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Medicamen Bi Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal for Medicamen Bi in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 Bi is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 399.53 and Medicamen Bi (MedicamenBi) 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 Bi (MedicamenBi) stock. Volume based technical analysis of Medicamen Bi (MedicamenBi) stock is negative.
Medicamen Bi Stock is giving positive 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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