(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 2024-10-25 View latest technical analysis
10 day averaged volume of Medicamen Bi is 2752
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 498.75 | 488.95 | 559.95 | 482.00 | 15.535 times |
| 24 Thu Oct 2024 | 481.55 | 493.60 | 500.10 | 475.30 | 0.4 times |
| 23 Wed Oct 2024 | 496.20 | 510.85 | 510.85 | 484.90 | 0.63 times |
| 22 Tue Oct 2024 | 486.80 | 513.00 | 515.00 | 476.05 | 2.094 times |
| 21 Mon Oct 2024 | 516.45 | 559.90 | 559.90 | 510.00 | 1.553 times |
| 18 Fri Oct 2024 | 543.85 | 527.00 | 551.40 | 508.35 | 1.489 times |
| 17 Thu Oct 2024 | 514.10 | 532.70 | 533.75 | 510.00 | 0.617 times |
| 16 Wed Oct 2024 | 534.00 | 545.00 | 571.75 | 526.30 | 1.414 times |
| 15 Tue Oct 2024 | 550.15 | 554.05 | 555.00 | 544.50 | 0.323 times |
| 14 Mon Oct 2024 | 553.95 | 569.00 | 569.00 | 550.15 | 0.422 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 trade for tomorrow is selective. Take a sell trade only if stock stays below 509.9, but if it comes above 509.9, then a intra day buy could be more profitable.
If you take a sell trade below 509.9, then use 509.9 as stoploss and 472.1 as target. However if you take a buy trade in stock , then use 509.9 as stoploss and 541.3 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 | 508.35 |
| Upside Target | 520.10 |
| Upside Target | 535.45 |
| Upside Target | 556.70 |
| Upside Target | 571.75 |
| Upside Target | 584.10 |
| 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 | 462.72 |
| Downside Intraday Target | 426.68 |
| Upside Intraday Target | 547.37 |
| Upside Intraday Target | 595.98 |
| Upside Intraday Target | 511.33 |
Weekly technical analysis of Medicamen Bi (MedicamenBi)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 27 Fri Sep 2024 | 581.20 | 470.90 | 585.45 | 442.75 | 6.821 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Medicamen Bi (MedicamenBi)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 498.75 | 570.00 | 600.95 | 475.30 | 0.394 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 Strong and stock is losing 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 moving up
CCI has generated a buy signal for Medicamen Bi in short term but BUY signal is weak.
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 505.3 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 Strong and stock is losing 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 moving up
CCI has generated a buy signal for Medicamen Bi in short term but BUY signal is weak.
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 505.3 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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