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 1436943

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	45.62	45.62	45.62	45.62	0.597 times
18 Mon Nov 2024	50.69	57.36	57.36	50.69	2.689 times
14 Thu Nov 2024	56.33	55.00	57.87	54.26	0.328 times
13 Wed Nov 2024	56.20	56.00	57.51	53.64	1.454 times
12 Tue Nov 2024	56.24	61.30	61.30	54.83	0.677 times
11 Mon Nov 2024	60.93	58.00	61.50	56.80	1.521 times
08 Fri Nov 2024	57.95	59.90	63.00	56.77	1.754 times
07 Thu Nov 2024	57.90	58.79	60.10	55.05	1.131 times
06 Wed Nov 2024	58.79	59.88	61.00	58.08	0.25 times
05 Tue Nov 2024	58.58	57.48	59.86	57.48	0.083 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 45.7, for a target of 51 or 55.32

Share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Target	44.55
Downside Target	45.62
Upside Target	51.20
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	79.20
Upside Target	90.00
Upside Target	92.00

Intraday share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Intraday Target	41.71
Downside Intraday Target	37.79
Upside Intraday Target	53.45
Upside Intraday Target	61.27
Upside Intraday Target	49.53

Weekly technical analysis of Medico Remedies (MEDICO)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	45.62	57.36	57.36	45.62	0.826 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
01 Fri Nov 2024	60.30	49.35	62.00	46.10	0.479 times
27 Wed Mar 2024	50.30	48.75	51.20	44.55	0.447 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
19 Tue Nov 2024	45.62	60.06	63.00	45.62	5.422 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
29 Thu Feb 2024	86.75	82.50	90.00	77.15	1.536 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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 55.43 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.