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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 2025-01-07 View latest technical analysis

10 day averaged volume of Medico Remedies is 1276912

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue Jan 2025	56.52	56.98	57.50	56.01	0.336 times
06 Mon Jan 2025	56.99	57.40	57.90	55.50	0.605 times
03 Fri Jan 2025	56.06	58.14	58.14	55.81	0.375 times
02 Thu Jan 2025	57.36	58.17	59.40	55.71	0.784 times
01 Wed Jan 2025	57.11	54.89	57.95	51.82	0.25 times
31 Tue Dec 2024	54.95	55.50	55.84	54.10	0.242 times
30 Mon Dec 2024	55.79	55.01	57.38	54.00	0.93 times
27 Fri Dec 2024	56.89	54.20	58.82	53.01	2.754 times
26 Thu Dec 2024	53.48	49.64	53.48	48.61	2.152 times
24 Tue Dec 2024	48.62	51.00	51.00	48.12	1.027 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 55.9, but if it comes below 55.9, then a intra day sell could be more profitable.
If you take a sell trade below 55.9, then use 55.9 as stoploss and 52.54 as target. However if you take a buy trade in stock , then use 55.9 as stoploss and 60 as target.

Share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Target	43.33
Downside Target	44.55
Downside Target	46.10
Downside Target	47.91
Downside Target	50.65
Downside Target	51.82
Downside Target	55.50
Upside Target	57.90
Upside Target	58.82
Upside Target	59.20
Upside Target	59.40
Upside Target	63.00
Upside Target	90.00

Intraday share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Intraday Target	55.38
Downside Intraday Target	54.24
Upside Intraday Target	57.78
Upside Intraday Target	59.04
Upside Intraday Target	56.64

Weekly technical analysis of Medico Remedies (MEDICO)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue Jan 2025	56.52	57.40	57.90	55.50	0.365 times
03 Fri Jan 2025	56.06	55.01	59.40	51.82	0.379 times
27 Fri Dec 2024	56.89	50.61	58.82	48.12	1.159 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

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
07 Tue Jan 2025	56.52	54.89	59.40	51.82	0.111 times
31 Tue Dec 2024	54.95	49.32	58.82	44.90	1.213 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

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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and the buy signal is strong.

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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Medico Remedies in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 55.06 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 positive

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