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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 2025-02-04 View latest technical analysis

10 day averaged volume of Medico Remedies is 1698950

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	74.88	73.26	75.10	72.45	0.9 times
03 Mon Feb 2025	73.27	73.00	74.00	71.50	0.764 times
31 Fri Jan 2025	74.25	74.85	75.99	72.12	0.835 times
30 Thu Jan 2025	74.42	74.50	75.50	71.70	1.129 times
29 Wed Jan 2025	73.48	73.00	74.85	72.50	1.222 times
28 Tue Jan 2025	72.86	72.00	73.50	69.99	1.109 times
27 Mon Jan 2025	72.41	70.00	72.90	69.41	0.743 times
24 Fri Jan 2025	71.87	72.61	72.69	70.50	0.675 times
23 Thu Jan 2025	72.42	71.00	72.85	69.67	0.866 times
22 Wed Jan 2025	71.29	70.07	72.00	68.01	1.188 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 73.6, but if it comes below 73.6, then a intra day sell could be more profitable.
If you take a sell trade below 73.6, then use 73.6 as stoploss and 68.38 as target. However if you take a buy trade in stock , then use 73.6 as stoploss and 79.8 as target.

Share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Target	43.33
Downside Target	44.90
Downside Target	46.10
Downside Target	51.82
Downside Target	55.50
Downside Target	58.55
Downside Target	63.00
Downside Target	66.41
Downside Target	69.41
Downside Target	71.50
Downside Target	72.85
Upside Target	75.10
Upside Target	75.99

Intraday share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Intraday Target	72.55
Downside Intraday Target	70.23
Upside Intraday Target	76.15
Upside Intraday Target	77.43
Downside Intraday Target	73.83

Weekly technical analysis of Medico Remedies (MEDICO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	74.88	73.00	75.10	71.50	0.33 times
31 Fri Jan 2025	74.25	70.00	75.99	69.41	0.925 times
24 Fri Jan 2025	71.87	66.00	72.85	64.33	1.399 times
17 Fri Jan 2025	65.52	62.96	66.41	58.55	0.89 times
10 Fri Jan 2025	63.14	57.40	64.00	55.50	2.255 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
04 Tue Feb 2025	74.88	73.00	75.10	71.50	0.084 times
31 Fri Jan 2025	74.25	54.89	75.99	51.82	1.244 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

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 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 and the buying is gaining 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 73.13 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.