Mobile app version of munafa.org
Login or Join
 Learn then Earn

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)

10 day averaged volume of Medico Remedies is 274017

Date Daily Closing Price Open High Low Volume
08 Fri Dec 2023 86.90 80.00 87.60 79.90 3.475 times
07 Thu Dec 2023 80.00 77.30 80.45 77.00 1.346 times
06 Wed Dec 2023 78.70 78.00 79.50 76.75 0.707 times
05 Tue Dec 2023 78.30 78.80 78.80 74.70 1.212 times
04 Mon Dec 2023 78.60 77.40 79.35 77.40 0.741 times
01 Fri Dec 2023 78.35 78.90 78.90 77.05 0.86 times
30 Thu Nov 2023 78.00 78.20 79.75 76.55 1.826 times
29 Wed Nov 2023 78.80 78.60 79.95 77.40 1.002 times
28 Tue Nov 2023 78.05 77.40 78.95 76.50 1.195 times
24 Fri Nov 2023 78.30 79.10 79.10 77.50 0.458 times

Stock of Medico Remedies (MEDICO) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 83.4, for a target of 80.9 or 78.92

Share price targets for Medico Remedies (MEDICO)

Target Type Value
Downside Target 68.50
Downside Target 72.20
Downside Target 77.90
Downside Target 79.95
Downside Target 80.40
Downside Target 81.40
Downside Target 82.50
Downside Target 83.55
Upside Target 87.60

Intraday share price targets for Medico Remedies (MEDICO)

Target Type Value
Downside Intraday Target 78.53
Downside Intraday Target 70.17
Upside Intraday Target 91.43
Upside Intraday Target 95.97
Downside Intraday Target 83.07

Weekly technical analysis of Medico Remedies (MEDICO)

Date Weekly Closing Price Open High Low Volume
08 Fri Dec 2023 86.90 77.40 87.60 74.70 1.532 times
01 Fri Dec 2023 78.35 77.40 79.95 76.50 1.384 times
24 Fri Nov 2023 78.30 77.10 81.40 75.35 0.996 times
17 Fri Nov 2023 77.10 78.00 82.50 76.00 0.668 times
10 Fri Nov 2023 77.35 76.50 77.90 73.40 0.942 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Medico Remedies (MEDICO)

Date Monthly Closing Price Open High Low Volume
08 Fri Dec 2023 86.90 78.90 87.60 74.70 0.441 times
30 Thu Nov 2023 78.00 73.80 82.50 72.20 1.006 times
31 Tue Oct 2023 74.50 70.90 77.90 68.65 0.578 times
29 Fri Sep 2023 70.25 80.40 80.40 68.50 1.287 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Medico Remedies ( (MEDICO) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 stronger in this stock.

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 80.83 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.

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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Medico Remedies ( (MEDICO) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 stronger in this stock.

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 80.83 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.

Click here for Medico Remedies charts

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart
Back to top | Use Dark Theme