Stock analysis Medicamen Biotech Limited MEDICAMEQ
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Recent prices of MEDICAMEQ Medicamen Biotech Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 22 Fri Nov 2024 | 446.75 | 431.60 to 498.00 | 3.56% | 14.14 times |
| 21 Thu Nov 2024 | 431.40 | 430.00 to 453.90 | -4.23% | 0.69 times |
| 19 Tue Nov 2024 | 450.45 | 445.40 to 468.50 | -2.14% | 0.73 times |
| 18 Mon Nov 2024 | 460.30 | 436.05 to 468.25 | 0.27% | 0.92 times |
| 14 Thu Nov 2024 | 459.05 | 449.25 to 469.50 | 1.57% | 0.67 times |
| 13 Wed Nov 2024 | 451.95 | 448.50 to 484.95 | -6.09% | 2.35 times |
| 12 Tue Nov 2024 | 481.25 | 475.00 to 499.95 | -2.01% | 0.84 times |
| 11 Mon Nov 2024 | 491.10 | 487.00 to 511.00 | -3.23% | 0.69 times |
| 08 Fri Nov 2024 | 507.50 | 504.00 to 533.90 | -1.93% | 1.25 times |
| 07 Thu Nov 2024 | 517.50 | 515.05 to 540.45 | -1.48% | 0.74 times |
| 06 Wed Nov 2024 | 525.30 | 515.00 to 534.35 | -0.88% | 1.14 times |
| 05 Tue Nov 2024 | 529.95 | 527.00 to 541.30 | -0.61% | 0.71 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 449.7, but if it comes above 449.7, then a intra day buy could be more profitable.
If you take a sell trade below 449.7, then use 449.7 as stoploss and 407.4 as target. However if you take a buy trade in Medicamen Biotech Limited, then use 449.7 as stoploss and 484.98 as target.