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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 2024-12-18 View latest technical analysis

10 day averaged volume of Medico Remedies is 1089678

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	50.01	51.65	51.65	49.35	1.374 times
17 Tue Dec 2024	49.30	49.31	50.72	48.13	1.688 times
16 Mon Dec 2024	49.34	50.80	51.35	48.90	0.644 times
13 Fri Dec 2024	50.15	48.94	50.65	48.00	0.657 times
12 Thu Dec 2024	48.94	50.20	50.20	48.20	0.112 times
11 Wed Dec 2024	49.78	49.20	50.01	48.00	0.539 times
10 Tue Dec 2024	49.20	49.00	50.54	48.77	0.387 times
09 Mon Dec 2024	49.93	48.45	50.17	47.91	0.786 times
06 Fri Dec 2024	48.22	51.28	51.28	47.81	0.811 times
05 Thu Dec 2024	49.86	47.40	49.98	46.25	0.903 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 49.8, but if it comes below 49.8, then a intra day sell could be more profitable.
If you take a sell trade below 49.8, then use 49.8 as stoploss and 48.18 as target. However if you take a buy trade in stock , then use 49.8 as stoploss and 51.8 as target.

Share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Target	43.33
Downside Target	46.10
Downside Target	47.91
Downside Target	49.90
Upside Target	51.65
Upside Target	57.36
Upside Target	59.20
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	48.21
Downside Intraday Target	46.41
Upside Intraday Target	51.73
Upside Intraday Target	53.45
Downside Intraday Target	49.93

Weekly technical analysis of Medico Remedies (MEDICO)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	50.01	50.80	51.65	48.13	1.494 times
13 Fri Dec 2024	50.15	48.45	50.65	47.91	0.407 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

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
18 Wed Dec 2024	50.01	49.32	51.65	44.90	0.6 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Medico Remedies is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 49.54 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.