(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 2024-03-26 View latest technical analysis
10 day averaged volume of Medicamen Bi is 8173
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Mar 2024 | 401.10 | 412.05 | 417.80 | 398.00 | 0.207 times |
| 22 Fri Mar 2024 | 411.90 | 400.00 | 436.25 | 400.00 | 0.917 times |
| 21 Thu Mar 2024 | 406.75 | 402.60 | 415.90 | 401.00 | 1.648 times |
| 20 Wed Mar 2024 | 402.10 | 380.10 | 438.45 | 380.10 | 1.484 times |
| 19 Tue Mar 2024 | 394.50 | 404.00 | 412.15 | 390.05 | 1.208 times |
| 18 Mon Mar 2024 | 402.40 | 400.00 | 413.50 | 392.00 | 0.559 times |
| 15 Fri Mar 2024 | 398.55 | 403.75 | 405.80 | 383.70 | 0.655 times |
| 14 Thu Mar 2024 | 399.05 | 368.00 | 428.70 | 367.90 | 0.535 times |
| 13 Wed Mar 2024 | 367.65 | 410.55 | 410.55 | 356.75 | 1.746 times |
| 12 Tue Mar 2024 | 404.80 | 443.00 | 443.00 | 401.80 | 0.388 times |
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 396.2 as stoploss in an intra day buy trade for a target of 438.4. However, stock will show a bearish move below 396.2.
Share price targets for Medicamen Bi (MedicamenBi)
| Target Type | Value |
| Downside Target | 356.75 |
| Downside Target | 380.10 |
| Downside Target | 398.00 |
| Upside Target | 417.80 |
| Upside Target | 438.45 |
| Upside Target | 455.05 |
| Upside Target | 470.00 |
| Upside Target | 498.05 |
| Upside Target | 509.40 |
| Upside Target | 525.95 |
| Upside Target | 553.40 |
| 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 | 393.47 |
| Downside Intraday Target | 385.83 |
| Upside Intraday Target | 413.27 |
| Upside Intraday Target | 425.43 |
| Upside Intraday Target | 405.63 |
Weekly technical analysis of Medicamen Bi (MedicamenBi)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Mar 2024 | 401.10 | 412.05 | 417.80 | 398.00 | 0.036 times |
| 22 Fri Mar 2024 | 411.90 | 400.00 | 438.45 | 380.10 | 1.389 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 |
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 |
| 26 Tue Mar 2024 | 401.10 | 485.00 | 509.40 | 356.75 | 1.08 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 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 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 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 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 but selling 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 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 396.15 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 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 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 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 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 but selling 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 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 396.15 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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