(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 2024-03-21 View latest technical analysis
10 day averaged volume of Medicamen Bi is 6623
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 406.75 | 402.60 | 415.90 | 401.00 | 2.033 times |
| 20 Wed Mar 2024 | 402.10 | 380.10 | 438.45 | 380.10 | 1.831 times |
| 19 Tue Mar 2024 | 394.50 | 404.00 | 412.15 | 390.05 | 1.49 times |
| 18 Mon Mar 2024 | 402.40 | 400.00 | 413.50 | 392.00 | 0.69 times |
| 15 Fri Mar 2024 | 398.55 | 403.75 | 405.80 | 383.70 | 0.808 times |
| 14 Thu Mar 2024 | 399.05 | 368.00 | 428.70 | 367.90 | 0.661 times |
| 13 Wed Mar 2024 | 367.65 | 410.55 | 410.55 | 356.75 | 2.155 times |
| 12 Tue Mar 2024 | 404.80 | 443.00 | 443.00 | 401.80 | 0.478 times |
| 11 Mon Mar 2024 | 441.50 | 453.90 | 470.00 | 440.15 | 1.063 times |
| 07 Thu Mar 2024 | 472.00 | 461.35 | 475.00 | 458.05 | 0.498 times |
Stock of Medicamen Bi (MedicamenBi) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 403.2 as stoploss in an intra day buy trade for a target of 448.32. However, stock will show a bearish move below 403.2.
Share price targets for Medicamen Bi (MedicamenBi)
| Target Type | Value |
| Downside Target | 356.75 |
| Downside Target | 380.10 |
| Upside Target | 438.45 |
| Upside Target | 455.05 |
| Upside Target | 470.00 |
| Upside Target | 498.05 |
| Upside Target | 525.95 |
| Upside Target | 553.40 |
| Upside Target | 563.30 |
| Upside Target | 598.25 |
| Upside Target | 614.00 |
| Upside Target | 627.05 |
| Upside Target | 643.90 |
| Upside Target | 685.55 |
Intraday share price targets for Medicamen Bi (MedicamenBi)
| Target Type | Value |
| Downside Intraday Target | 378.42 |
| Downside Intraday Target | 350.08 |
| Upside Intraday Target | 436.77 |
| Upside Intraday Target | 466.78 |
| Upside Intraday Target | 408.43 |
Weekly technical analysis of Medicamen Bi (MedicamenBi)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 406.75 | 400.00 | 438.45 | 380.10 | 1.17 times |
| 15 Fri Mar 2024 | 398.55 | 453.90 | 470.00 | 356.75 | 2.085 times |
| 07 Thu Mar 2024 | 472.00 | 498.00 | 498.05 | 455.05 | 0.873 times |
| 02 Sat Mar 2024 | 491.05 | 501.05 | 510.65 | 476.90 | 1.491 times |
| 23 Fri Feb 2024 | 509.85 | 563.30 | 563.30 | 505.00 | 0.275 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 |
| 21 Thu Mar 2024 | 406.75 | 485.00 | 509.40 | 356.75 | 0.985 times |
| 29 Thu Feb 2024 | 486.90 | 550.00 | 598.25 | 470.30 | 1.85 times |
| 31 Wed Jan 2024 | 542.40 | 614.00 | 614.00 | 525.95 | 0.601 times |
| 29 Fri Dec 2023 | 602.45 | 637.05 | 643.90 | 553.40 | 3.316 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Medicamen Bi 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Medicamen Bi in short term but BUY 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 401.86 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 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Medicamen Bi 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Medicamen Bi in short term but BUY 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 401.86 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 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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