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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 2025-01-15 View latest technical analysis

10 day averaged volume of Medico Remedies is 1256627

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed Jan 2025	62.11	63.40	63.40	60.51	0.387 times
14 Tue Jan 2025	61.98	61.10	62.90	58.55	1.072 times
13 Mon Jan 2025	61.38	62.96	65.01	60.21	1.583 times
10 Fri Jan 2025	63.14	61.92	64.00	59.76	1.402 times
09 Thu Jan 2025	60.97	61.50	62.00	59.50	1.299 times
08 Wed Jan 2025	61.10	57.00	62.17	55.67	2.256 times
07 Tue Jan 2025	56.52	56.98	57.50	56.01	0.341 times
06 Mon Jan 2025	56.99	57.40	57.90	55.50	0.615 times
03 Fri Jan 2025	56.06	58.14	58.14	55.81	0.381 times
02 Thu Jan 2025	57.36	58.17	59.40	55.71	0.797 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 60.8, but if it comes below 60.8, then a intra day sell could be more profitable.
If you take a sell trade below 60.8, then use 60.8 as stoploss and 56.23 as target. However if you take a buy trade in stock , then use 60.8 as stoploss and 66.2 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	48.12
Downside Target	51.82
Downside Target	55.50
Downside Target	58.55
Downside Target	59.40
Upside Target	63.00
Upside Target	64.00
Upside Target	65.01
Upside Target	90.00

Intraday share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Intraday Target	58.77
Downside Intraday Target	55.43
Upside Intraday Target	65.23
Upside Intraday Target	68.35
Downside Intraday Target	61.89

Weekly technical analysis of Medico Remedies (MEDICO)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed Jan 2025	62.11	62.96	65.01	58.55	0.515 times
10 Fri Jan 2025	63.14	57.40	64.00	55.50	2.255 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

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
15 Wed Jan 2025	62.11	54.89	65.01	51.82	0.483 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 neutral. A longer time frame might give a better analysis.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 moving up

CCI has generated a buy signal for Medico Remedies in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 60.65 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.