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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 2025-04-24 View latest technical analysis

10 day averaged volume of Medico Remedies is 837663

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Apr 2025	59.45	56.95	60.74	56.95	1.152 times
23 Wed Apr 2025	57.66	59.00	59.18	56.89	0.58 times
22 Tue Apr 2025	59.13	59.90	59.90	57.80	1.033 times
21 Mon Apr 2025	58.67	57.00	60.10	54.01	1.324 times
17 Thu Apr 2025	56.92	56.06	57.50	55.30	1.166 times
16 Wed Apr 2025	56.88	57.60	58.56	56.26	0.928 times
15 Tue Apr 2025	59.06	59.50	62.48	58.50	0.514 times
11 Fri Apr 2025	58.75	58.50	59.55	57.01	0.426 times
09 Wed Apr 2025	57.64	56.75	58.05	56.25	1.066 times
08 Tue Apr 2025	57.62	58.50	58.88	53.68	2.254 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 59.4, but if it comes below 59.4, then a intra day sell could be more profitable.
If you take a sell trade below 59.4, then use 59.4 as stoploss and 54.72 as target. However if you take a buy trade in stock , then use 59.4 as stoploss and 64.9 as target.

Share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Target	42.00
Downside Target	44.90
Downside Target	50.15
Downside Target	53.77
Downside Target	55.30
Downside Target	57.85
Upside Target	59.55
Upside Target	60.74
Upside Target	62.48
Upside Target	62.76
Upside Target	75.99
Upside Target	79.83

Intraday share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Intraday Target	55.39
Downside Intraday Target	51.34
Upside Intraday Target	62.12
Upside Intraday Target	64.8
Downside Intraday Target	58.07

Weekly technical analysis of Medico Remedies (MEDICO)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Apr 2025	59.45	57.00	60.74	54.01	1.568 times
17 Thu Apr 2025	56.92	59.50	62.48	55.30	0.585 times
11 Fri Apr 2025	58.75	51.00	59.55	51.00	0.905 times
04 Fri Apr 2025	57.12	51.00	57.85	50.56	0.264 times
28 Fri Mar 2025	51.57	50.30	53.77	42.00	2.428 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Medico Remedies (MEDICO)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Thu Apr 2025	59.45	51.00	62.48	50.56	0.375 times
28 Fri Mar 2025	51.57	59.62	62.76	42.00	0.862 times
28 Fri Feb 2025	56.75	73.00	79.83	50.15	1.238 times
31 Fri Jan 2025	74.25	54.89	75.99	51.82	1.244 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 BUY. Signal strength is Weak 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 58.08 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.