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Stock analysis Medicamen Biotech Limited MEDICAMEQ

More indepth analysis on MunafaSutra.com

Moving Averages for Medicamen Biotech Limited

  • 5Day Average: 471.37
  • 12Day Average: 459.9
  • 20Day Average: 459.51
  • 50Day Average: 476.41
  • 100Day Average: 490.92
  • 150Day Average: 494.07
  • 200Day Average: 480.51

MEDICAMEQ Indicators & signals

Indicator MACD (12,26,9)

468.79, 469.76, -6.24
Indicator MACD is in negative zone

Indicator ADX (14)

7.13, 22.54, 19.55
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
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
02 Wed Apr 2025 485.55 485.10 to 496.00 -1.62% 0.25 times
01 Tue Apr 2025 493.55 465.70 to 495.35 2.82% 0.42 times
28 Fri Mar 2025 480.00 460.35 to 493.85 5.03% 1.24 times
27 Thu Mar 2025 457.00 438.00 to 462.80 3.69% 0.48 times
26 Wed Mar 2025 440.75 438.15 to 467.55 -2.76% 0.44 times
25 Tue Mar 2025 453.25 449.65 to 484.40 -5.3% 0.32 times
24 Mon Mar 2025 478.60 473.35 to 502.40 -2.84% 0.43 times
21 Fri Mar 2025 492.60 466.00 to 498.90 4.38% 1.18 times
20 Thu Mar 2025 471.95 443.55 to 476.40 5.69% 1.27 times
19 Wed Mar 2025 446.55 398.00 to 450.00 10.9% 3.14 times
18 Tue Mar 2025 402.65 398.75 to 424.65 -3.29% 1.08 times
17 Mon Mar 2025 416.35 408.50 to 434.15 -3.62% 1.5 times

Technical analysis forecast of Medicamen Biotech Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Medicamen Biotech Limited MEDICAMEQ at this time. Stock is rising and might rise more.

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

Stock of Medicamen Biotech Limited (MEDICAMEQ) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Medicamen Biotech Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 495.6 as stoploss in an intra day sell trade for a target of 468.36. However, stock will show a bullish move above 495.6.

More indepth analysis on MunafaSutra.com