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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 2024-12-10 View latest technical analysis

10 day averaged volume of Medico Remedies is 1206260

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	49.20	49.00	50.54	48.77	0.349 times
09 Mon Dec 2024	49.93	48.45	50.17	47.91	0.71 times
06 Fri Dec 2024	48.22	51.28	51.28	47.81	0.733 times
05 Thu Dec 2024	49.86	47.40	49.98	46.25	0.815 times
04 Wed Dec 2024	47.60	45.53	48.49	44.90	3.138 times
03 Tue Dec 2024	46.69	47.90	47.94	46.33	0.389 times
02 Mon Dec 2024	47.76	49.32	50.08	47.15	0.427 times
29 Fri Nov 2024	49.31	49.00	49.90	48.40	0.667 times
28 Thu Nov 2024	48.21	46.80	48.23	44.00	2.685 times
27 Wed Nov 2024	45.94	46.26	47.40	45.51	0.273 times

My analysis of stock is bearish for shortterm, and stock might move down till 45.3 or till 40.1. Use a stoploss of 49.6 and if the stock hits stoploss, then it can shoot up till 53.91

Share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Target	43.33
Downside Target	46.10
Downside Target	47.91
Upside Target	49.90
Upside Target	53.64
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	47.89
Downside Intraday Target	46.59
Upside Intraday Target	50.52
Upside Intraday Target	51.85
Upside Intraday Target	49.22

Weekly technical analysis of Medico Remedies (MEDICO)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	49.20	48.45	50.54	47.91	0.192 times
06 Fri Dec 2024	48.22	49.32	51.28	44.90	1.286 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

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
10 Tue Dec 2024	49.20	49.32	51.28	44.90	0.355 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 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 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 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 Weak and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 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 48.24 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.