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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 2025-02-18 View latest technical analysis

10 day averaged volume of Medico Remedies is 2235024

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Feb 2025	66.33	67.65	67.84	65.50	0.273 times
17 Mon Feb 2025	67.50	66.30	67.78	66.25	0.336 times
14 Fri Feb 2025	66.53	70.30	70.30	63.50	1.618 times
13 Thu Feb 2025	69.26	71.50	71.50	67.64	0.352 times
12 Wed Feb 2025	69.49	70.00	71.44	67.00	0.73 times
11 Tue Feb 2025	69.93	67.35	70.80	65.52	1.3 times
10 Mon Feb 2025	68.92	77.50	78.74	66.00	1.739 times
07 Fri Feb 2025	77.95	77.65	78.79	75.46	0.941 times
06 Thu Feb 2025	78.08	77.00	79.83	75.90	1.244 times
05 Wed Feb 2025	75.84	74.91	77.30	74.50	1.056 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 68.7, but if it comes above 68.7, then a intra day buy could be more profitable.
If you take a sell trade below 68.7, then use 68.7 as stoploss and 64.7 as target. However if you take a buy trade in stock , then use 68.7 as stoploss and 72.05 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	58.82
Downside Target	63.00
Upside Target	67.84
Upside Target	69.41
Upside Target	71.50
Upside Target	75.99
Upside Target	78.74
Upside Target	79.83

Intraday share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Intraday Target	65.27
Downside Intraday Target	64.22
Upside Intraday Target	67.61
Upside Intraday Target	68.9
Upside Intraday Target	66.56

Weekly technical analysis of Medico Remedies (MEDICO)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Feb 2025	66.33	66.30	67.84	65.50	0.106 times
14 Fri Feb 2025	66.53	77.50	78.74	63.50	1.274 times
07 Fri Feb 2025	77.95	73.00	79.83	71.50	1.177 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

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
18 Tue Feb 2025	66.33	73.00	79.83	63.50	0.721 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Medico Remedies ( (MEDICO) ) based on a short to mid 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.

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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Medico Remedies in short term but the sell signal is initial and weak.

Medico Remedies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 71.42 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 positive

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