Login or Join
Learn then Earn

(MEDICO) Medico Remedies complete technical analysis [charts+indicators] | Buy/Sell Medico Remedies | (MEDICO) share price targets

Complete technical analysis of Medico Remedies (MEDICO) by charts plus indicators, forecast predictions and share price targets for Medico Remedies (MEDICO)

10 day averaged volume of Medico Remedies is 1525957

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 45.80 48.50 48.90 45.00 0.388 times
22 Fri Nov 2024 46.62 44.94 46.87 44.50 0.191 times
21 Thu Nov 2024 44.64 43.37 45.45 43.33 0.926 times
19 Tue Nov 2024 45.62 45.62 45.62 45.62 0.563 times
18 Mon Nov 2024 50.69 57.36 57.36 50.69 2.532 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 43.8, for a target of 49.8 or 54.87

Share price targets for Medico Remedies (MEDICO)

Target Type Value
Downside Target 43.33
Downside Target 44.55
Upside Target 46.10
Upside Target 48.90
Upside Target 53.64
Upside Target 55.05
Upside Target 57.36
Upside Target 59.20
Upside Target 61.50
Upside Target 77.15
Upside Target 79.20
Upside Target 90.00
Upside Target 92.00

Intraday share price targets for Medico Remedies (MEDICO)

Target Type Value
Downside Intraday Target 44.23
Downside Intraday Target 42.67
Upside Intraday Target 48.13
Upside Intraday Target 50.47
Upside Intraday Target 46.57

Weekly technical analysis of Medico Remedies (MEDICO)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 45.80 48.50 48.90 45.00 0.092 times
22 Fri Nov 2024 46.62 57.36 57.36 43.33 1.124 times
14 Thu Nov 2024 56.33 58.00 61.50 53.64 1.195 times
08 Fri Nov 2024 57.95 60.25 63.00 55.05 4.142 times
01 Fri Nov 2024 60.30 57.95 62.00 55.72 0.433 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Medico Remedies (MEDICO)

Date Monthly Closing Price Open High Low Volume
25 Mon Nov 2024 45.80 60.06 63.00 43.33 4.877 times
31 Thu Oct 2024 57.73 49.35 59.20 46.10 0.105 times
27 Wed Mar 2024 50.30 87.20 90.00 44.55 2.132 times
29 Thu Feb 2024 86.75 82.50 90.00 77.15 1.536 times

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Medico Remedies (MEDICO)

Indicator Name Indicator Value Indicator Signal
ADX 17, 34, 34 Sell
MACD -12, -11Sell
Stochastics 12Sell
CCI -72Buy
RSI 32Sell
OBV 879535Sell
VWAP 54Sell
ADL 0Sell
ROC -21Sell
Force Index 0Sell

Price action analysis of Medico Remedies ( (MEDICO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Medico Remedies ( (MEDICO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Medico Remedies ( (MEDICO) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Medico Remedies ( (MEDICO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Medico Remedies stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Medico Remedies in short term and the sell signal is strong.

Medico Remedies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Medico Remedies in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Medico Remedies is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 53.52 and Medico Remedies (MEDICO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Medico Remedies (MEDICO) stock. Volume based technical analysis of Medico Remedies (MEDICO) stock is negative.

Medico Remedies Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Medico Remedies charts

Click here for further forecast and predictions for tomorrow

Learn then Earn
Back to top | Use Dark Theme