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(MEDICO_BE) Medico Remedies complete technical analysis [charts+indicators] | Buy/Sell Medico Remedies | (MEDICO_BE) share price targets

Complete technical analysis of Medico Remedies (MEDICO_BE) by charts plus indicators, forecast predictions and share price targets for Medico Remedies (MEDICO_BE)

10 day averaged volume of Medico Remedies is 128191

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	49.32	49.00	49.50	47.17	0.633 times
24 Thu Oct 2024	49.66	49.95	50.00	48.00	0.474 times
23 Wed Oct 2024	49.96	50.50	50.50	48.04	2.956 times
22 Tue Oct 2024	50.57	50.67	51.20	48.15	0.411 times
21 Mon Oct 2024	50.67	47.59	51.00	47.10	0.702 times
18 Fri Oct 2024	48.94	46.69	49.50	45.60	1.171 times
17 Thu Oct 2024	47.41	47.70	49.00	45.57	0.869 times
16 Wed Oct 2024	47.82	49.43	50.30	47.01	0.604 times
15 Tue Oct 2024	49.43	50.39	51.94	48.50	0.502 times
14 Mon Oct 2024	50.08	47.08	50.40	46.30	1.965 times

My analysis of stock is bearish for shortterm, and stock might move down till 48.3 or till 46.8. Use a stoploss of 49.54 and if the stock hits stoploss, then it can shoot up till 50.78

Share price targets for Medico Remedies (MEDICO_BE)

Target Type	Value
Downside Target	34.80
Downside Target	35.67
Downside Target	41.75
Downside Target	43.17
Downside Target	45.57
Downside Target	49.00
Upside Target	49.94
Upside Target	50.92
Upside Target	51.20
Upside Target	51.93
Upside Target	51.94
Upside Target	52.00

Intraday share price targets for Medico Remedies (MEDICO_BE)

Target Type	Value
Downside Intraday Target	47.21
Downside Intraday Target	45.11
Upside Intraday Target	51.31
Upside Intraday Target	53.31
Downside Intraday Target	49.21

Weekly technical analysis of Medico Remedies (MEDICO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	49.32	47.59	51.20	47.10	1.013 times
18 Fri Oct 2024	48.94	47.08	51.94	45.57	3.199 times
11 Fri Oct 2024	48.00	49.00	49.00	47.05	0.3 times
04 Fri Oct 2024	50.00	51.93	52.00	49.94	0.964 times
27 Fri Sep 2024	50.92	47.40	50.92	46.45	2.488 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	49.32	51.90	52.00	45.57	1.029 times
30 Mon Sep 2024	51.00	45.20	51.93	43.17	0.846 times
30 Fri Aug 2024	46.13	38.89	47.16	35.90	1.379 times
31 Wed Jul 2024	38.36	41.75	41.75	35.67	1.072 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_BE)

Price action analysis of Medico Remedies ( (MEDICO_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Medico Remedies ( (MEDICO_BE) ) 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_BE) ) 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_BE) ) 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 Weak and stock is losing momentum.

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

Medico Remedies Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a SELL signal for Medico Remedies in short term and SELL 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 49.52 and Medico Remedies (MEDICO_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Medico Remedies (MEDICO_BE) stock. Volume based technical analysis of Medico Remedies (MEDICO_BE) 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.