(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 2024-03-19 View latest technical analysis
10 day averaged volume of Medicamen Bi is 5519
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 394.50 | 404.00 | 412.15 | 390.05 | 1.788 times |
| 18 Mon Mar 2024 | 402.40 | 400.00 | 413.50 | 392.00 | 0.828 times |
| 15 Fri Mar 2024 | 398.55 | 403.75 | 405.80 | 383.70 | 0.97 times |
| 14 Thu Mar 2024 | 399.05 | 368.00 | 428.70 | 367.90 | 0.793 times |
| 13 Wed Mar 2024 | 367.65 | 410.55 | 410.55 | 356.75 | 2.586 times |
| 12 Tue Mar 2024 | 404.80 | 443.00 | 443.00 | 401.80 | 0.574 times |
| 11 Mon Mar 2024 | 441.50 | 453.90 | 470.00 | 440.15 | 1.276 times |
| 07 Thu Mar 2024 | 472.00 | 461.35 | 475.00 | 458.05 | 0.598 times |
| 06 Wed Mar 2024 | 457.20 | 464.60 | 472.20 | 455.05 | 0.39 times |
| 05 Tue Mar 2024 | 466.00 | 473.85 | 487.35 | 465.00 | 1.462 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 412.1, but if it comes above 412.1, then a intra day buy could be more profitable.
If you take a sell trade below 412.1, then use 412.1 as stoploss and 352.7 as target. However if you take a buy trade in stock , then use 412.1 as stoploss and 461.51 as target.
Share price targets for Medicamen Bi (MedicamenBi)
| Target Type | Value |
| Downside Target | 356.75 |
| Downside Target | 390.05 |
| Upside Target | 413.50 |
| Upside Target | 455.05 |
| Upside Target | 470.00 |
| Upside Target | 498.05 |
| Upside Target | 525.95 |
| Upside Target | 553.40 |
| Upside Target | 563.30 |
| 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 | 385.2 |
| Downside Intraday Target | 375.9 |
| Upside Intraday Target | 408.65 |
| Upside Intraday Target | 422.8 |
| Upside Intraday Target | 399.35 |
Weekly technical analysis of Medicamen Bi (MedicamenBi)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 394.50 | 400.00 | 413.50 | 390.05 | 0.422 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 |
| 23 Fri Feb 2024 | 509.85 | 563.30 | 563.30 | 505.00 | 0.275 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 |
| 19 Tue Mar 2024 | 394.50 | 485.00 | 509.40 | 356.75 | 0.719 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 411 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.
Price action analysis of Medicamen Bi ( (MedicamenBi) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 411 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.
Click here for Medicamen Bi charts
Click here for further forecast and predictions for tomorrow