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Stock analysis Medicamen Biotech Limited MEDICAMEQ

More indepth analysis on MunafaSutra.com

Moving Averages for Medicamen Biotech Limited

  • 5Day Average: 480.57
  • 12Day Average: 473.51
  • 20Day Average: 476.15
  • 50Day Average: 510.16
  • 100Day Average: 508.43
  • 150Day Average: 482.07
  • 200Day Average: 485.5

MEDICAMEQ Indicators & signals

Indicator MACD (12,26,9)

479.9, 485.51, -11.37
Indicator MACD is in negative zone

Indicator ADX (14)

33.81, 30.81, 15.24
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 60
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
05 Wed Feb 2025 532.40 483.55 to 550.05 9.56% 6.66 times
04 Tue Feb 2025 485.95 463.35 to 492.00 4.51% 0.75 times
03 Mon Feb 2025 465.00 450.00 to 472.80 1.44% 0.99 times
31 Fri Jan 2025 458.40 453.35 to 470.05 -0.59% 0.54 times
30 Thu Jan 2025 461.10 451.30 to 465.95 1.75% 0.22 times
29 Wed Jan 2025 453.15 434.05 to 459.50 2.93% 0.65 times
28 Tue Jan 2025 440.25 430.10 to 452.55 -1.33% 0.96 times
27 Mon Jan 2025 446.20 441.00 to 475.05 -4.78% 1.34 times
24 Fri Jan 2025 468.60 466.00 to 491.45 -3.7% 1.14 times
23 Thu Jan 2025 486.60 482.00 to 507.05 -1.21% 1.76 times
22 Wed Jan 2025 492.55 484.70 to 500.10 0.12% 1.64 times
21 Tue Jan 2025 491.95 488.10 to 512.20 -3.06% 0.82 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.

Although my analysis for Medicamen Biotech Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 527.3, for a target of 502.8 or 482.36

More indepth analysis on MunafaSutra.com