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

(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 2024-12-02 View latest technical analysis

10 day averaged volume of Medico Remedies is 1206140

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	47.76	49.32	50.08	47.15	0.428 times
29 Fri Nov 2024	49.31	49.00	49.90	48.40	0.667 times
28 Thu Nov 2024	48.21	46.80	48.23	44.00	2.686 times
27 Wed Nov 2024	45.94	46.26	47.40	45.51	0.273 times
26 Tue Nov 2024	46.26	46.93	46.93	45.69	0.163 times
25 Mon Nov 2024	45.80	48.50	48.90	45.00	0.491 times
22 Fri Nov 2024	46.62	44.94	46.87	44.50	0.242 times
21 Thu Nov 2024	44.64	43.37	45.45	43.33	1.172 times
19 Tue Nov 2024	45.62	45.62	45.62	45.62	0.712 times
18 Mon Nov 2024	50.69	57.36	57.36	50.69	3.204 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 46.8 as stoploss in an intra day buy trade for a target of 52.58. However, stock will show a bearish move below 46.8.

Share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Target	43.33
Downside Target	46.10
Downside Target	47.15
Upside Target	49.90
Upside Target	53.64
Upside Target	55.05
Upside Target	57.36
Upside Target	59.20
Upside Target	61.50
Upside Target	63.00
Upside Target	77.15
Upside Target	90.00

Intraday share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Intraday Target	46.58
Downside Intraday Target	45.4
Upside Intraday Target	49.51
Upside Intraday Target	51.26
Upside Intraday Target	48.33

Weekly technical analysis of Medico Remedies (MEDICO)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	47.76	49.32	50.08	47.15	0.1 times
29 Fri Nov 2024	49.31	48.50	49.90	44.00	0.803 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	1.576 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
02 Mon Dec 2024	47.76	49.32	50.08	47.15	0.023 times
29 Fri Nov 2024	49.31	60.06	63.00	43.33	7.837 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

Scroll below to view daily charts

Price has moved down 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining 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. 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 coming down

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

RSI is generating a SELL signal in short term but selling is losing 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 48.21 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.