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Stock analysis Medicamen Biotech Limited MEDICAMEQ

More indepth analysis on MunafaSutra.com

Moving Averages for Medicamen Biotech Limited

  • 5Day Average: 429.95
  • 12Day Average: 435.2
  • 20Day Average: 434.25
  • 50Day Average: 453.38
  • 100Day Average: 468.46
  • 150Day Average: 482.94
  • 200Day Average: 480.79

MEDICAMEQ Indicators & signals

Indicator MACD (12,26,9)

432.91, 439.83, -7.38
Indicator MACD is in negative zone

Indicator ADX (14)

6.98, 14.76, 16.98
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 62
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MEDICAMEQ Medicamen Biotech Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Fri May 2025 428.20 426.75 to 444.95 -0.06% 2.45 times
29 Thu May 2025 428.45 424.95 to 440.40 -0.95% 0.99 times
28 Wed May 2025 432.55 430.30 to 437.40 0.73% 0.96 times
27 Tue May 2025 429.40 428.80 to 438.95 -0.41% 0.77 times
26 Mon May 2025 431.15 428.80 to 440.15 0.37% 0.65 times
23 Fri May 2025 429.55 426.60 to 440.00 -0.08% 1.24 times
22 Thu May 2025 429.90 426.60 to 439.45 -0.49% 0.91 times
21 Wed May 2025 432.00 429.90 to 442.40 -1.18% 0.97 times
20 Tue May 2025 437.15 433.00 to 455.95 -1.52% 0.82 times
19 Mon May 2025 443.90 441.00 to 454.70 -1.41% 1.75 times
16 Fri May 2025 450.25 447.10 to 454.50 0.09% 0.93 times
15 Thu May 2025 449.85 440.05 to 454.50 1.48% 1.63 times

Technical analysis forecast for Medicamen Biotech Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Medicamen Biotech Limited MEDICAMEQ at this time. Stock is falling and might fall more.

It appears as if Medicamen Biotech Limited MEDICAMEQ gave a large move recently.

Stock of Medicamen Biotech Limited (MEDICAMEQ) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Medicamen Biotech Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Medicamen Biotech Limited stays below 428.4, but if it comes above 428.4, then a intra day buy could be more profitable.
If you take a sell trade below 428.4, then use 428.4 as stoploss and 418.3 as target. However if you take a buy trade in Medicamen Biotech Limited, then use 428.4 as stoploss and 436.8 as target.

More indepth analysis on MunafaSutra.com