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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 2024-10-29 View latest technical analysis

10 day averaged volume of Medicamen Bi is 7991

Date Daily Closing Price Open High Low Volume
29 Tue Oct 2024 486.10 499.00 499.00 482.10 0.182 times
28 Mon Oct 2024 495.15 492.00 505.55 476.55 1.716 times
25 Fri Oct 2024 498.75 488.95 559.95 482.00 5.35 times
24 Thu Oct 2024 481.55 493.60 500.10 475.30 0.138 times
23 Wed Oct 2024 496.20 510.85 510.85 484.90 0.217 times
22 Tue Oct 2024 486.80 513.00 515.00 476.05 0.721 times
21 Mon Oct 2024 516.45 559.90 559.90 510.00 0.535 times
18 Fri Oct 2024 543.85 527.00 551.40 508.35 0.513 times
17 Thu Oct 2024 514.10 532.70 533.75 510.00 0.213 times
16 Wed Oct 2024 534.00 545.00 571.75 526.30 0.487 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 500.9, but if it comes above 500.9, then a intra day buy could be more profitable.
If you take a sell trade below 500.9, then use 500.9 as stoploss and 460.8 as target. However if you take a buy trade in stock , then use 500.9 as stoploss and 534.36 as target.

Share price targets for Medicamen Bi (MedicamenBi)

Target Type Value
Downside Target 377.00
Downside Target 403.00
Downside Target 430.95
Downside Target 442.25
Downside Target 475.30
Upside Target 505.55
Upside Target 520.10
Upside Target 535.45
Upside Target 556.70
Upside Target 571.75
Upside Target 584.10
Upside Target 589.90
Upside Target 600.95

Intraday share price targets for Medicamen Bi (MedicamenBi)

Target Type Value
Downside Intraday Target 473.25
Downside Intraday Target 460.4
Upside Intraday Target 502.25
Upside Intraday Target 518.4
Upside Intraday Target 489.4

Weekly technical analysis of Medicamen Bi (MedicamenBi)

Date Weekly Closing Price Open High Low Volume
29 Tue Oct 2024 486.10 492.00 505.55 476.55 0.273 times
25 Fri Oct 2024 498.75 559.90 559.95 475.30 4.738 times
18 Fri Oct 2024 543.85 569.00 571.75 508.35 1.227 times
11 Fri Oct 2024 566.25 574.45 584.10 520.10 0.171 times
03 Thu Oct 2024 578.15 581.20 600.95 556.70 0.329 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
29 Tue Oct 2024 486.10 570.00 600.95 475.30 0.447 times
30 Mon Sep 2024 568.65 412.45 589.90 403.00 6.488 times
30 Fri Aug 2024 410.85 440.00 442.25 377.00 0.572 times
31 Wed Jul 2024 436.65 467.65 535.45 432.00 1.476 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Medicamen Bi in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 502.03 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 positive

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Medicamen Bi in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 502.03 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 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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