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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 2024-12-26 View latest technical analysis

10 day averaged volume of Medico Remedies is 1136684

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	53.48	49.64	53.48	48.61	2.417 times
24 Tue Dec 2024	48.62	51.00	51.00	48.12	1.153 times
23 Mon Dec 2024	51.04	50.61	51.50	48.30	0.99 times
20 Fri Dec 2024	49.98	50.09	51.34	48.54	1.471 times
19 Thu Dec 2024	49.20	50.05	52.70	48.55	1.579 times
18 Wed Dec 2024	50.01	51.65	51.65	49.35	1.317 times
17 Tue Dec 2024	49.30	49.31	50.72	48.13	1.618 times
16 Mon Dec 2024	49.34	50.80	51.35	48.90	0.618 times
13 Fri Dec 2024	50.15	48.94	50.65	48.00	0.63 times
12 Thu Dec 2024	48.94	50.20	50.20	48.20	0.108 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 52.4, for a target of 50.7 or 49.33

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
Downside Target	52.70
Downside Target	53.48
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	49.91
Downside Intraday Target	46.33
Upside Intraday Target	55.27
Upside Intraday Target	57.05
Downside Intraday Target	51.69

Weekly technical analysis of Medico Remedies (MEDICO)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	53.48	50.61	53.48	48.12	0.691 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 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
26 Thu Dec 2024	53.48	49.32	53.48	44.90	0.988 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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. Bulls are getting stronger in this stock.

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 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 50.42 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.