(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 2024-10-08 View latest technical analysis
10 day averaged volume of Medicamen Bi is 23582
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 559.50 | 546.05 | 569.00 | 543.15 | 0.111 times |
| 07 Mon Oct 2024 | 546.05 | 574.45 | 574.45 | 520.10 | 0.085 times |
| 03 Thu Oct 2024 | 578.15 | 590.90 | 600.95 | 564.30 | 0.378 times |
| 01 Tue Oct 2024 | 585.00 | 570.00 | 598.35 | 561.05 | 1.115 times |
| 30 Mon Sep 2024 | 568.65 | 581.20 | 589.90 | 556.70 | 0.885 times |
| 27 Fri Sep 2024 | 581.20 | 531.20 | 585.45 | 521.00 | 3.099 times |
| 26 Thu Sep 2024 | 538.90 | 520.15 | 547.50 | 504.00 | 1.076 times |
| 25 Wed Sep 2024 | 516.30 | 454.60 | 537.40 | 454.60 | 2.849 times |
| 24 Tue Sep 2024 | 447.85 | 459.00 | 459.85 | 442.75 | 0.166 times |
| 23 Mon Sep 2024 | 453.50 | 470.90 | 470.90 | 452.25 | 0.046 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 551.3, but if it comes below 551.3, then a intra day sell could be more profitable.
If you take a sell trade below 551.3, then use 551.3 as stoploss and 497.66 as target. However if you take a buy trade in stock , then use 551.3 as stoploss and 615.6 as target.
Share price targets for Medicamen Bi (MedicamenBi)
| Target Type | Value |
| Downside Target | 377.00 |
| Downside Target | 403.00 |
| Downside Target | 413.40 |
| Downside Target | 430.95 |
| Downside Target | 487.05 |
| Downside Target | 507.00 |
| Downside Target | 520.10 |
| Downside Target | 535.45 |
| Downside Target | 556.70 |
| Upside Target | 574.45 |
| Upside Target | 585.45 |
| Upside Target | 589.90 |
| Upside Target | 600.95 |
Intraday share price targets for Medicamen Bi (MedicamenBi)
| Target Type | Value |
| Downside Intraday Target | 528.25 |
| Downside Intraday Target | 497 |
| Upside Intraday Target | 582.6 |
| Upside Intraday Target | 605.7 |
| Downside Intraday Target | 551.35 |
Weekly technical analysis of Medicamen Bi (MedicamenBi)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 559.50 | 574.45 | 574.45 | 520.10 | 0.083 times |
| 03 Thu Oct 2024 | 578.15 | 581.20 | 600.95 | 556.70 | 0.329 times |
| 27 Fri Sep 2024 | 581.20 | 470.90 | 585.45 | 442.75 | 6.821 times |
| 20 Fri Sep 2024 | 461.10 | 480.95 | 487.05 | 440.05 | 0.494 times |
| 13 Fri Sep 2024 | 467.75 | 417.65 | 507.00 | 413.40 | 2.894 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 |
| 08 Tue Oct 2024 | 559.50 | 570.00 | 600.95 | 520.10 | 0.14 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Medicamen Bi in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Medicamen Bi in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying 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 553.5 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 rising upwards.
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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Medicamen Bi in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Medicamen Bi in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying 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 553.5 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 rising upwards.
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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Medicamen Bi charts
Click here for further forecast and predictions for tomorrow