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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 2025-01-27 View latest technical analysis

10 day averaged volume of Medico Remedies is 1586122

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon Jan 2025	72.41	70.00	72.90	69.41	0.796 times
24 Fri Jan 2025	71.87	72.61	72.69	70.50	0.723 times
23 Thu Jan 2025	72.42	71.00	72.85	69.67	0.928 times
22 Wed Jan 2025	71.29	70.07	72.00	68.01	1.273 times
21 Tue Jan 2025	69.76	67.00	72.00	65.10	1.574 times
20 Mon Jan 2025	67.46	66.00	68.03	64.33	1.334 times
17 Fri Jan 2025	65.52	62.96	66.41	61.07	0.904 times
16 Thu Jan 2025	62.96	62.10	63.60	59.69	0.854 times
15 Wed Jan 2025	62.11	63.40	63.40	60.51	0.307 times
14 Tue Jan 2025	61.98	61.10	62.90	58.55	0.85 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 68.9, but if it comes below 68.9, then a intra day sell could be more profitable.
If you take a sell trade below 68.9, then use 68.9 as stoploss and 63.17 as target. However if you take a buy trade in stock , then use 68.9 as stoploss and 75.9 as target.

Share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Target	43.33
Downside Target	44.55
Downside Target	46.10
Downside Target	51.82
Downside Target	55.50
Downside Target	58.55
Downside Target	63.00
Downside Target	66.41
Downside Target	69.41
Upside Target	72.85
Upside Target	72.90
Upside Target	90.00

Intraday share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Intraday Target	70.25
Downside Intraday Target	68.08
Upside Intraday Target	73.74
Upside Intraday Target	75.06
Downside Intraday Target	71.57

Weekly technical analysis of Medico Remedies (MEDICO)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon Jan 2025	72.41	70.00	72.90	69.41	0.137 times
24 Fri Jan 2025	71.87	66.00	72.85	64.33	1.399 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

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
27 Mon Jan 2025	72.41	54.89	72.90	51.82	0.975 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 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 losing 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 SELL signal for Medico Remedies in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 68.33 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.