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Stock analysis Medicamen Biotech Limited MEDICAMEQ

More indepth analysis on MunafaSutra.com

Moving Averages for Medicamen Biotech Limited

  • 5Day Average: 429.76
  • 12Day Average: 437.54
  • 20Day Average: 456.61
  • 50Day Average: 469.19
  • 100Day Average: 483.07
  • 150Day Average: 494.21
  • 200Day Average: 479.53

MEDICAMEQ Indicators & signals

Indicator MACD (12,26,9)

438.77, 452.28, -10.05
Indicator MACD is in negative zone

Indicator ADX (14)

11.11, 17.27, 21.58
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 58
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
09 Fri May 2025 425.00 404.35 to 425.65 0.4% 0.65 times
08 Thu May 2025 423.30 417.10 to 435.40 -0.46% 1.3 times
07 Wed May 2025 425.25 415.95 to 435.70 -0.93% 0.95 times
06 Tue May 2025 429.25 425.85 to 457.15 -3.76% 0.65 times
05 Mon May 2025 446.00 426.50 to 449.90 3.12% 0.55 times
02 Fri May 2025 432.50 418.55 to 439.90 1.32% 0.82 times
30 Wed Apr 2025 426.85 424.50 to 440.80 -2.73% 0.86 times
29 Tue Apr 2025 438.85 435.65 to 450.10 -0.74% 0.56 times
28 Mon Apr 2025 442.10 437.00 to 449.00 -0.91% 0.62 times
25 Fri Apr 2025 446.15 440.10 to 480.20 -2.33% 2.67 times
24 Thu Apr 2025 456.80 452.90 to 463.90 -0.36% 1.03 times
23 Wed Apr 2025 458.45 455.55 to 479.75 -2.34% 1.12 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 421.9 as stoploss in an intra day buy trade for a target of 447.75. However, stock will show a bearish move below 421.9.

More indepth analysis on MunafaSutra.com