Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-03-18 View latest technical analysis

10 day averaged volume of Medico Remedies is 1443853

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Mar 2025	50.90	53.30	53.31	49.11	0.957 times
17 Mon Mar 2025	52.74	57.50	57.50	51.50	0.39 times
13 Thu Mar 2025	56.25	58.78	58.78	55.55	0.647 times
12 Wed Mar 2025	58.13	60.20	60.86	57.17	0.596 times
11 Tue Mar 2025	59.30	60.21	60.80	58.10	0.801 times
10 Mon Mar 2025	60.21	62.40	62.76	59.01	0.996 times
07 Fri Mar 2025	61.03	57.28	61.75	56.78	1.147 times
06 Thu Mar 2025	57.27	54.91	60.00	54.46	1.543 times
05 Wed Mar 2025	56.00	56.00	57.70	53.35	1.678 times
04 Tue Mar 2025	54.59	55.07	56.13	53.48	0.53 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 54.2, but if it comes above 54.2, then a intra day buy could be more profitable.
If you take a sell trade below 54.2, then use 54.2 as stoploss and 48.4 as target. However if you take a buy trade in stock , then use 54.2 as stoploss and 59.08 as target.

Share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Target	43.33
Downside Target	44.90
Downside Target	49.11
Downside Target	50.15
Upside Target	51.82
Upside Target	53.35
Upside Target	55.55
Upside Target	57.50
Upside Target	58.82
Upside Target	61.12
Upside Target	63.00
Upside Target	66.05
Upside Target	67.84
Upside Target	75.99
Upside Target	79.83

Intraday share price targets for Medico Remedies (MEDICO)

Target Type	Value
Downside Intraday Target	47.51
Downside Intraday Target	44.11
Upside Intraday Target	55.9
Upside Intraday Target	60.89
Upside Intraday Target	52.5

Weekly technical analysis of Medico Remedies (MEDICO)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Mar 2025	50.90	57.50	57.50	49.11	0.443 times
13 Thu Mar 2025	56.25	62.40	62.76	55.55	0.463 times
07 Fri Mar 2025	61.03	59.62	61.75	53.35	0.847 times
28 Fri Feb 2025	56.75	65.50	66.05	50.15	1.479 times
21 Fri Feb 2025	65.73	66.30	67.84	61.12	0.591 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 Mar 2025	50.90	59.62	62.76	49.11	0.38 times
28 Fri Feb 2025	56.75	73.00	79.83	50.15	1.238 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

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 neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

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 red color and prices are below the red 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 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 56.98 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 negative.

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