(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 378704
Date | Daily Closing Price | Open | High | Low | Volume |
23 Tue Apr 2024 | 46.80 | 47.00 | 47.70 | 46.50 | 0.223 times |
22 Mon Apr 2024 | 48.35 | 48.20 | 48.70 | 45.80 | 0.835 times |
19 Fri Apr 2024 | 48.20 | 47.95 | 49.00 | 46.15 | 0.265 times |
18 Thu Apr 2024 | 47.90 | 48.20 | 49.10 | 46.60 | 2.379 times |
16 Tue Apr 2024 | 48.40 | 46.00 | 49.00 | 45.30 | 1.233 times |
15 Mon Apr 2024 | 46.95 | 47.45 | 47.45 | 44.50 | 1.043 times |
12 Fri Apr 2024 | 46.80 | 47.75 | 47.95 | 45.70 | 0.175 times |
10 Wed Apr 2024 | 47.10 | 48.35 | 48.35 | 46.60 | 0.926 times |
09 Tue Apr 2024 | 47.95 | 48.50 | 48.50 | 47.00 | 0.347 times |
08 Mon Apr 2024 | 48.00 | 48.15 | 48.50 | 47.55 | 1.554 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use -9 as stoploss in an intra day buy trade for a target of 104.66. However, stock will show a bearish move below -9.
Share price targets for Medico Remedies (MEDICO_BE)
Target Type | Value |
Downside Target | 44.50 |
Downside Target | 45.70 |
Upside Target | 47.80 |
Upside Target | 50.10 |
Upside Target | 50.80 |
Upside Target | 291.35 |
Upside Target | 293.50 |
Upside Target | 297.65 |
Upside Target | 337.50 |
Upside Target | 345.00 |
Upside Target | 346.85 |
Intraday share price targets for Medico Remedies (MEDICO_BE)
Target Type | Value |
Downside Intraday Target | 45.5 |
Downside Intraday Target | 44.2 |
Upside Intraday Target | 48.4 |
Upside Intraday Target | 50 |
Upside Intraday Target | 47.1 |
Weekly technical analysis of Medico Remedies (MEDICO_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Tue Apr 2024 | 46.80 | 48.20 | 48.70 | 45.80 | 0.215 times |
19 Fri Apr 2024 | 48.20 | 47.45 | 49.10 | 44.50 | 1.639 times |
12 Fri Apr 2024 | 46.80 | 48.15 | 48.50 | 45.70 | 0.82 times |
05 Fri Apr 2024 | 47.55 | 47.20 | 50.10 | 46.20 | 4.098 times |
28 Thu Mar 2024 | 48.10 | 340.00 | 345.00 | 47.80 | 1.628 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_BE)
Date | Monthly Closing Price | Open | High | Low | Volume |
23 Tue Apr 2024 | 46.80 | 47.20 | 50.10 | 44.50 | 18.111 times |
28 Thu Mar 2024 | 48.10 | 50.80 | 50.80 | 47.80 | 0.402 times |
27 Mon Feb 2023 | 340.10 | 320.90 | 345.00 | 297.65 | 0.903 times |
31 Tue Jan 2023 | 317.00 | 331.25 | 346.85 | 293.50 | 0.838 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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_BE) ) 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 BUY signal for Medico Remedies in short term but the buy signal is initial and weak.
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 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 47.8 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 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.
Price action analysis of Medico Remedies ( (MEDICO_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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_BE) ) 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 BUY signal for Medico Remedies in short term but the buy signal is initial and weak.
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 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 47.8 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 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.
Click here for Medico Remedies charts
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Daily charts
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