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(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)

Showing technical analysis as on 2024-11-06 View latest technical analysis

10 day averaged volume of Medico Remedies is 1790472

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	58.79	59.88	61.00	58.08	0.201 times
05 Tue Nov 2024	58.58	57.48	59.86	57.48	0.066 times
04 Mon Nov 2024	57.55	60.25	60.25	56.61	0.091 times
01 Fri Nov 2024	60.30	60.06	62.00	59.00	0.108 times
31 Thu Oct 2024	57.73	56.95	58.50	55.72	0.097 times
30 Wed Oct 2024	57.31	57.95	59.20	56.50	0.441 times
29 Tue Oct 2024	57.00	54.00	57.99	52.71	0.478 times
28 Mon Oct 2024	53.83	49.35	54.25	46.10	0.573 times
27 Wed Mar 2024	50.30	46.00	51.20	44.55	1.94 times
26 Tue Mar 2024	46.55	48.75	49.75	45.20	1.601 times

My analysis of stock is bearish for shortterm, and stock might move down till 52.5 or till 38. Use a stoploss of 64.63 and if the stock hits stoploss, then it can shoot up till 76.71

Share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Target	44.55
Downside Target	46.10
Downside Target	51.20
Downside Target	56.61
Upside Target	59.20
Upside Target	61.00
Upside Target	74.50
Upside Target	77.15
Upside Target	79.20
Upside Target	80.00
Upside Target	85.80
Upside Target	90.00
Upside Target	92.00

Intraday share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Intraday Target	56.6
Downside Intraday Target	54.41
Upside Intraday Target	60.99
Upside Intraday Target	63.19
Upside Intraday Target	58.8

Weekly technical analysis of Medico Remedies (MEDICO)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	58.79	60.25	61.00	56.61	0.211 times
01 Fri Nov 2024	60.30	49.35	62.00	46.10	0.479 times
27 Wed Mar 2024	50.30	48.75	51.20	44.55	0.447 times
22 Fri Mar 2024	48.75	79.65	80.00	46.20	2.468 times
15 Fri Mar 2024	79.65	85.80	85.80	74.50	0.931 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
06 Wed Nov 2024	58.79	60.06	62.00	56.61	0.293 times
31 Thu Oct 2024	57.73	49.35	59.20	46.10	0.082 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

Scroll below to view daily charts

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

Indicators analysis of Medico Remedies (MEDICO)

Price action analysis of Medico Remedies ( (MEDICO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Medico Remedies ( (MEDICO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Medico Remedies in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Medico Remedies Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Medico Remedies in short term and BUY 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

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 51.55 and Medico Remedies (MEDICO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.