Mobile app version of munafa.org.in
Login or Join
 Learn then Earn

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)

10 day averaged volume of Medico Remedies is 2169042

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 50.30 46.00 51.20 44.55 1.602 times
26 Tue Mar 2024 46.55 48.75 49.75 45.20 1.321 times
22 Fri Mar 2024 48.75 57.45 59.85 46.20 3.802 times
21 Thu Mar 2024 57.75 72.00 72.00 57.75 1.572 times
20 Wed Mar 2024 72.15 71.00 74.00 70.00 0.635 times
19 Tue Mar 2024 73.55 77.80 80.00 71.20 0.278 times
18 Mon Mar 2024 77.80 79.65 79.65 77.10 0.247 times
15 Fri Mar 2024 79.65 77.40 80.00 76.00 0.575 times
14 Thu Mar 2024 77.75 78.45 79.80 74.50 0.683 times
13 Wed Mar 2024 78.85 83.75 84.40 77.35 0.46 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 46.3, for a target of 62.6 or 76.21

Share price targets for Medico Remedies (MEDICO)

Target Type Value
Downside Target 44.55
Downside Target 46.20
Upside Target 51.20
Upside Target 72.20
Upside Target 74.50
Upside Target 77.15
Upside Target 79.20
Upside Target 82.00
Upside Target 85.80
Upside Target 90.00
Upside Target 92.00
Upside Target 92.95

Intraday share price targets for Medico Remedies (MEDICO)

Target Type Value
Downside Intraday Target 46.17
Downside Intraday Target 42.03
Upside Intraday Target 52.82
Upside Intraday Target 55.33
Downside Intraday Target 48.68

Weekly technical analysis of Medico Remedies (MEDICO)

Date Weekly Closing Price Open High Low Volume
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
07 Thu Mar 2024 84.85 88.20 90.00 82.00 0.811 times
02 Sat Mar 2024 88.45 87.60 90.00 82.95 1.837 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 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
31 Wed Jan 2024 82.45 83.00 92.00 79.20 1.147 times
29 Fri Dec 2023 83.80 78.90 92.95 74.70 1.772 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 short 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 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 SELL signal for Medico Remedies in short term and the sell signal is strong.

Medico Remedies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

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

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 57.17 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.

Price action analysis of Medico Remedies ( (MEDICO) ) based on a short 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 short 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 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 SELL signal for Medico Remedies in short term and the sell signal is strong.

Medico Remedies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

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

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 57.17 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.

Click here for Medico Remedies charts

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart
Back to top | Use Dark Theme