Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-02-07 View latest technical analysis

10 day averaged volume of Medicamen Bi is 1564

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Feb 2025	512.20	520.00	520.00	504.85	0.123 times
06 Thu Feb 2025	522.85	525.85	543.10	518.00	1.173 times
05 Wed Feb 2025	535.05	487.90	549.25	485.80	3.946 times
04 Tue Feb 2025	487.90	508.95	508.95	464.20	0.263 times
03 Mon Feb 2025	468.80	456.55	475.70	454.40	0.15 times
31 Fri Jan 2025	460.30	462.50	469.05	454.50	0.406 times
30 Thu Jan 2025	459.10	455.30	463.85	454.20	0.234 times
29 Wed Jan 2025	454.35	436.75	459.00	436.75	0.753 times
28 Tue Jan 2025	442.60	449.85	451.65	431.65	0.549 times
27 Mon Jan 2025	447.55	471.85	471.85	443.30	0.922 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 505.3, but if it comes below 505.3, then a intra day sell could be more profitable.
If you take a sell trade below 505.3, then use 505.3 as stoploss and 481.36 as target. However if you take a buy trade in stock , then use 505.3 as stoploss and 534 as target.

Share price targets for Medicamen Bi (MedicamenBi)

Target Type	Value
Downside Target	430.75
Downside Target	440.60
Downside Target	454.40
Downside Target	466.60
Downside Target	500.35
Upside Target	514.50
Upside Target	527.10
Upside Target	532.75
Upside Target	549.25
Upside Target	554.50
Upside Target	600.95
Upside Target	630.00

Intraday share price targets for Medicamen Bi (MedicamenBi)

Target Type	Value
Downside Intraday Target	461.32
Downside Intraday Target	410.43
Upside Intraday Target	556.17
Upside Intraday Target	600.13
Downside Intraday Target	505.28

Weekly technical analysis of Medicamen Bi (MedicamenBi)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Feb 2025	512.20	456.55	549.25	454.40	1.975 times
31 Fri Jan 2025	460.30	471.85	471.85	431.65	0.482 times
24 Fri Jan 2025	469.00	475.00	514.50	466.60	1.408 times
17 Fri Jan 2025	478.40	482.00	500.35	456.20	1.042 times
10 Fri Jan 2025	479.65	525.95	527.10	475.00	0.535 times

Price has moved up 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
07 Fri Feb 2025	512.20	456.55	549.25	454.40	0.272 times
31 Fri Jan 2025	460.30	511.20	532.75	431.65	0.138 times
31 Tue Dec 2024	510.90	443.60	630.00	440.60	5.274 times
29 Fri Nov 2024	443.60	537.65	554.50	430.75	0.3 times

Scroll below to view daily charts

Price has moved up 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 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 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 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 red color and prices are in or above 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Medicamen Bi is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 502.22 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.