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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 2024-12-24 View latest technical analysis

10 day averaged volume of Medico Remedies is 1047735

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	48.62	51.00	51.00	48.12	1.251 times
23 Mon Dec 2024	51.04	50.61	51.50	48.30	1.074 times
20 Fri Dec 2024	49.98	50.09	51.34	48.54	1.596 times
19 Thu Dec 2024	49.20	50.05	52.70	48.55	1.713 times
18 Wed Dec 2024	50.01	51.65	51.65	49.35	1.429 times
17 Tue Dec 2024	49.30	49.31	50.72	48.13	1.755 times
16 Mon Dec 2024	49.34	50.80	51.35	48.90	0.67 times
13 Fri Dec 2024	50.15	48.94	50.65	48.00	0.684 times
12 Thu Dec 2024	48.94	50.20	50.20	48.20	0.117 times
11 Wed Dec 2024	49.78	49.20	50.01	48.00	0.561 times

My analysis of stock is bearish for shortterm, and stock might move down till 47.7 or till 46.3. Use a stoploss of 48.95 and if the stock hits stoploss, then it can shoot up till 50.17

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	51.50
Upside Target	52.70
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	47.33
Downside Intraday Target	46.03
Upside Intraday Target	50.71
Upside Intraday Target	52.79
Upside Intraday Target	49.41

Weekly technical analysis of Medico Remedies (MEDICO)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	48.62	50.61	51.50	48.12	0.325 times
20 Fri Dec 2024	49.98	50.80	52.70	48.13	2.777 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

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
24 Tue Dec 2024	48.62	49.32	52.70	44.90	0.865 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 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) ) 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. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Medico Remedies in short term and SELL 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 49.65 and Medico Remedies (MEDICO) 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) 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.