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(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)

10 day averaged volume of Medicamen Bi is 7509

Date Daily Closing Price Open High Low Volume
24 Fri Sep 2021 594.05 618.00 619.95 588.00 1.33 times
23 Thu Sep 2021 612.05 616.00 618.80 600.10 2.262 times
22 Wed Sep 2021 604.60 600.00 615.00 600.00 1.338 times
21 Tue Sep 2021 597.10 602.00 607.85 590.00 0.833 times
20 Mon Sep 2021 609.55 615.00 625.00 595.00 2.359 times
17 Fri Sep 2021 611.25 620.95 625.60 602.00 0.399 times
16 Thu Sep 2021 612.25 628.90 628.90 610.00 0.684 times
15 Wed Sep 2021 622.30 625.00 636.00 616.15 0.624 times
14 Tue Sep 2021 620.25 617.65 640.25 615.00 0.897 times
13 Mon Sep 2021 625.50 628.50 639.00 623.60 0.296 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 586.1, for a target of 608.3 or 626.82

Share price targets for Medicamen Bi (MedicamenBi)

Target Type Value
Downside Target 460.00
Downside Target 505.00
Downside Target 569.00
Downside Target 588.00
Upside Target 602.00
Upside Target 615.00
Upside Target 640.25
Upside Target 650.00
Upside Target 653.00
Upside Target 666.20
Upside Target 669.00
Upside Target 670.00
Upside Target 772.00

Intraday share price targets for Medicamen Bi (MedicamenBi)

Target Type Value
Downside Intraday Target 579.7
Downside Intraday Target 565.35
Upside Intraday Target 616.7
Upside Intraday Target 639.35
Upside Intraday Target 602.35

Weekly technical analysis of Medicamen Bi (MedicamenBi)

Date Weekly Closing Price Open High Low Volume
24 Fri Sep 2021 594.05 615.00 625.00 588.00 2.8 times
17 Fri Sep 2021 611.25 628.50 640.25 602.00 1.387 times
09 Thu Sep 2021 628.10 643.00 653.00 615.00 0.433 times
03 Fri Sep 2021 648.50 650.95 670.00 631.00 0.79 times
27 Fri Aug 2021 642.95 650.95 666.20 569.00 1.502 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
24 Fri Sep 2021 594.05 650.00 669.00 588.00 0.364 times
31 Tue Aug 2021 645.30 590.00 772.00 569.00 1.486 times
30 Fri Jul 2021 596.30 510.95 650.00 505.00 1.796 times
30 Wed Jun 2021 510.60 555.05 570.00 505.00 0.884 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)

Indicator Name Indicator Value Indicator Signal
ADX 11, 25, 40 Sell
MACD -11, -6Sell
Stochastics 27Sell
CCI -101Sell
RSI 59Buy
OBV -22167Sell
VWAP 609Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Medicamen Bi stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Medicamen Bi in short term and the sell signal is strong.

Medicamen Bi Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 608.9 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 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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Daily charts

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Daily chart

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