Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MEDICO_BE) Medico Remedies Weekly charts technical analysis

(MEDICO_BE) Medico Remedies Weekly charts technical analysis Weekly analysis of Medico Remedies | Buy/Sell Medico Remedies

10 day averaged volume of Medico Remedies is 262770

Date	Closing Price	Open	High	Low	Volume
02 Thu May 2024	46.60	46.25	47.20	44.35	0.409 Mn
26 Fri Apr 2024	46.25	48.20	48.70	45.80	0.963 Mn
19 Fri Apr 2024	48.20	47.45	49.10	44.50	1.863 Mn
12 Fri Apr 2024	46.80	48.15	48.50	45.70	1.137 Mn
05 Fri Apr 2024	47.55	47.20	50.10	46.20	1.386 Mn
28 Thu Mar 2024	48.10	340.00	345.00	47.80	0.338 Mn
24 Fri Feb 2023	333.05	321.15	338.70	314.00	0.208 Mn
17 Fri Feb 2023	321.15	297.65	325.60	297.65	0.187 Mn
10 Fri Feb 2023	311.45	313.95	318.00	301.95	0.135 Mn
03 Fri Feb 2023	310.65	324.00	324.00	298.00	0.105 Mn

Indicators analysis of Medico Remedies (MEDICO_BE)

Price action analysis of Medico Remedies ( (MEDICO_BE) ) 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_BE) ) 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_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

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

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 below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Medico Remedies in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 73.2 and Medico Remedies (MEDICO_BE) 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_BE) stock. Volume based technical analysis of Medico Remedies (MEDICO_BE) 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.

Weekly charts