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 2025-01-20 View latest technical analysis

10 day averaged volume of Medico Remedies is 1404315

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	67.46	66.00	68.03	64.33	1.506 times
17 Fri Jan 2025	65.52	62.96	66.41	61.07	1.021 times
16 Thu Jan 2025	62.96	62.10	63.60	59.69	0.965 times
15 Wed Jan 2025	62.11	63.40	63.40	60.51	0.347 times
14 Tue Jan 2025	61.98	61.10	62.90	58.55	0.96 times
13 Mon Jan 2025	61.38	62.96	65.01	60.21	1.416 times
10 Fri Jan 2025	63.14	61.92	64.00	59.76	1.254 times
09 Thu Jan 2025	60.97	61.50	62.00	59.50	1.162 times
08 Wed Jan 2025	61.10	57.00	62.17	55.67	2.019 times
07 Tue Jan 2025	56.52	56.98	57.50	56.01	0.305 times

Although my analysis for stock 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 68.8, for a target of 63.2 or 58.57

Share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Target	43.33
Downside Target	44.55
Downside Target	46.10
Downside Target	48.12
Downside Target	51.82
Downside Target	55.50
Downside Target	58.55
Downside Target	63.00
Downside Target	64.00
Downside Target	64.33
Downside Target	66.41
Upside Target	68.03
Upside Target	90.00

Intraday share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Intraday Target	65.18
Downside Intraday Target	62.91
Upside Intraday Target	68.88
Upside Intraday Target	70.31
Downside Intraday Target	66.61

Weekly technical analysis of Medico Remedies (MEDICO)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	67.46	66.00	68.03	64.33	0.32 times
17 Fri Jan 2025	65.52	62.96	66.41	58.55	0.89 times
10 Fri Jan 2025	63.14	57.40	64.00	55.50	2.255 times
03 Fri Jan 2025	56.06	55.01	59.40	51.82	0.379 times
27 Fri Dec 2024	56.89	50.61	58.82	48.12	1.159 times

Price has moved up 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
20 Mon Jan 2025	67.46	54.89	68.03	51.82	0.664 times
31 Tue Dec 2024	54.95	49.32	58.82	44.90	1.213 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

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 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 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 mid to longer 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.

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

MACD generated a BUY signal for Medico Remedies in short term and the buy signal is strong.

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

Medico Remedies Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 62.79 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 positive

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