(MEDICO_BE) Medico Remedies complete technical analysis [charts+indicators] | Buy/Sell Medico Remedies | (MEDICO_BE) share price targets
Complete technical analysis of Medico Remedies (MEDICO_BE) by charts plus indicators, forecast predictions and share price targets for Medico Remedies (MEDICO_BE)
Showing technical analysis as on 2024-04-04 View latest technical analysis
10 day averaged volume of Medico Remedies is 140032
Date | Daily Closing Price | Open | High | Low | Volume |
04 Thu Apr 2024 | 48.10 | 47.90 | 48.35 | 47.10 | 0.44 times |
03 Wed Apr 2024 | 47.30 | 48.20 | 49.00 | 46.70 | 1.369 times |
02 Tue Apr 2024 | 48.20 | 49.20 | 49.20 | 47.80 | 2.047 times |
01 Mon Apr 2024 | 49.45 | 47.20 | 50.10 | 47.00 | 2.684 times |
28 Thu Mar 2024 | 48.10 | 50.80 | 50.80 | 47.80 | 1.888 times |
27 Mon Feb 2023 | 340.10 | 340.00 | 345.00 | 331.00 | 0.528 times |
24 Fri Feb 2023 | 333.05 | 331.50 | 338.70 | 325.00 | 1.055 times |
23 Thu Feb 2023 | 327.95 | 328.00 | 329.25 | 324.00 | 0.061 times |
22 Wed Feb 2023 | 326.90 | 330.00 | 330.00 | 322.00 | 0.038 times |
21 Tue Feb 2023 | 326.75 | 325.00 | 327.00 | 320.15 | 0.096 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 134.2, but if it comes above 134.2, then a intra day buy could be more profitable.
If you take a sell trade below 134.2, then use 134.2 as stoploss and -7.6 as target. However if you take a buy trade in stock , then use 134.2 as stoploss and 252.38 as target.
Share price targets for Medico Remedies (MEDICO_BE)
Target Type | Value |
Downside Target | 46.70 |
Downside Target | 47.80 |
Upside Target | 50.10 |
Upside Target | 291.35 |
Upside Target | 314.00 |
Upside Target | 318.00 |
Upside Target | 325.60 |
Upside Target | 337.50 |
Upside Target | 338.70 |
Upside Target | 345.00 |
Upside Target | 346.85 |
Intraday share price targets for Medico Remedies (MEDICO_BE)
Target Type | Value |
Downside Intraday Target | 46.5 |
Downside Intraday Target | 44.9 |
Upside Intraday Target | 49.9 |
Upside Intraday Target | 51.7 |
Upside Intraday Target | 48.3 |
Weekly technical analysis of Medico Remedies (MEDICO_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Thu Apr 2024 | 48.10 | 47.20 | 50.10 | 46.70 | 2.707 times |
28 Thu Mar 2024 | 48.10 | 340.00 | 345.00 | 47.80 | 1.628 times |
24 Fri Feb 2023 | 333.05 | 321.15 | 338.70 | 314.00 | 1.113 times |
17 Fri Feb 2023 | 321.15 | 297.65 | 325.60 | 297.65 | 1.383 times |
10 Fri Feb 2023 | 311.45 | 313.95 | 318.00 | 301.95 | 1.281 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Medico Remedies (MEDICO_BE)
Date | Monthly Closing Price | Open | High | Low | Volume |
04 Thu Apr 2024 | 48.10 | 47.20 | 50.10 | 46.70 | 3.464 times |
28 Thu Mar 2024 | 48.10 | 50.80 | 50.80 | 47.80 | 0.402 times |
27 Mon Feb 2023 | 340.10 | 320.90 | 345.00 | 297.65 | 0.903 times |
31 Tue Jan 2023 | 317.00 | 331.25 | 346.85 | 293.50 | 0.838 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_BE)
Price action analysis of Medico Remedies ( (MEDICO_BE) ) 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_BE) ) based on a short 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_BE) ) 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_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 getting stronger in this stock.
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 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 98.27 and Medico Remedies (MEDICO_BE) 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_BE) stock. Volume based technical analysis of Medico Remedies (MEDICO_BE) 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_BE) ) 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_BE) ) based on a short 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_BE) ) 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_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 getting stronger in this stock.
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 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 98.27 and Medico Remedies (MEDICO_BE) 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_BE) stock. Volume based technical analysis of Medico Remedies (MEDICO_BE) 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
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Daily charts
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