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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 2024-11-01 View latest technical analysis

10 day averaged volume of Medico Remedies is 2281943

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	60.30	60.06	62.00	59.00	0.085 times
31 Thu Oct 2024	57.73	56.95	58.50	55.72	0.076 times
30 Wed Oct 2024	57.31	57.95	59.20	56.50	0.346 times
29 Tue Oct 2024	57.00	54.00	57.99	52.71	0.375 times
28 Mon Oct 2024	53.83	49.35	54.25	46.10	0.45 times
27 Wed Mar 2024	50.30	46.00	51.20	44.55	1.522 times
26 Tue Mar 2024	46.55	48.75	49.75	45.20	1.256 times
22 Fri Mar 2024	48.75	57.45	59.85	46.20	3.614 times
21 Thu Mar 2024	57.75	72.00	72.00	57.75	1.494 times
20 Wed Mar 2024	72.15	71.00	74.00	70.00	0.603 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 55 as stoploss in an intra day buy trade for a target of 68.59. However, stock will show a bearish move below 55.

Share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Target	44.55
Downside Target	46.10
Downside Target	51.20
Downside Target	59.00
Upside Target	62.00
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

Intraday share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Intraday Target	50.27
Downside Intraday Target	40.23
Upside Intraday Target	66.17
Upside Intraday Target	72.03
Downside Intraday Target	56.13

Weekly technical analysis of Medico Remedies (MEDICO)

Date	Weekly Closing Price	Open	High	Low	Volume
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
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

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
01 Fri Nov 2024	60.30	60.06	62.00	59.00	0.068 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 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 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.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color 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 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 52.53 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 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.