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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 2024-12-04 View latest technical analysis

10 day averaged volume of Medico Remedies is 871014

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	47.60	45.53	48.49	44.90	4.346 times
03 Tue Dec 2024	46.69	47.90	47.94	46.33	0.539 times
02 Mon Dec 2024	47.76	49.32	50.08	47.15	0.592 times
29 Fri Nov 2024	49.31	49.00	49.90	48.40	0.923 times
28 Thu Nov 2024	48.21	46.80	48.23	44.00	3.719 times
27 Wed Nov 2024	45.94	46.26	47.40	45.51	0.378 times
26 Tue Nov 2024	46.26	46.93	46.93	45.69	0.226 times
25 Mon Nov 2024	45.80	48.50	48.90	45.00	0.68 times
22 Fri Nov 2024	46.62	44.94	46.87	44.50	0.335 times
21 Thu Nov 2024	44.64	43.37	45.45	43.33	1.623 times

Stock of Medico Remedies (MEDICO) has showed a significant upmove. This could be a good time to enter in this stock!

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 45.9 as stoploss in an intra day buy trade for a target of 51.4. However, stock will show a bearish move below 45.9.

Share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Target	43.33
Downside Target	46.10
Upside Target	49.90
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	90.00

Intraday share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Intraday Target	44.97
Downside Intraday Target	42.35
Upside Intraday Target	50.15
Upside Intraday Target	52.71
Downside Intraday Target	47.53

Weekly technical analysis of Medico Remedies (MEDICO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	47.60	49.32	50.08	44.90	0.924 times
29 Fri Nov 2024	49.31	48.50	49.90	44.00	0.803 times
22 Fri Nov 2024	46.62	57.36	57.36	43.33	1.124 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

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
04 Wed Dec 2024	47.60	49.32	50.08	44.90	0.214 times
29 Fri Nov 2024	49.31	60.06	63.00	43.33	7.837 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

Scroll below to view daily charts

Price has moved down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 gaining momentum.

MACD generated a BUY signal for Medico Remedies in short term but the buy signal is initial and weak.

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 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 and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 47.31 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.