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

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

Showing technical analysis as on 2024-04-02 View latest technical analysis

10 day averaged volume of Medico is 343722

Date Daily Closing Price Open High Low Volume
02 Tue Apr 2024 49.40 49.69 49.69 48.00 0.074 times
01 Mon Apr 2024 48.72 49.70 49.70 47.10 0.047 times
28 Thu Mar 2024 49.28 50.50 50.80 48.00 0.044 times
27 Wed Mar 2024 49.43 46.49 50.88 44.95 0.437 times
26 Tue Mar 2024 46.26 49.11 49.65 45.16 0.552 times
22 Fri Mar 2024 48.76 57.75 59.30 45.75 7.616 times
21 Thu Mar 2024 57.18 71.20 71.20 57.16 0.545 times
20 Wed Mar 2024 71.45 79.63 79.63 69.60 0.18 times
19 Tue Mar 2024 74.53 80.20 80.20 71.43 0.07 times
18 Mon Mar 2024 77.71 89.99 89.99 77.33 0.047 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 54.7, but if it comes above 54.7, then a intra day buy could be more profitable.
If you take a sell trade below 54.7, then use 54.7 as stoploss and 35.8 as target. However if you take a buy trade in stock , then use 54.7 as stoploss and 70.4 as target.

Share price targets for Medico (Medico)

Target Type Value
Downside Target 44.95
Downside Target 47.10
Upside Target 49.70
Upside Target 50.88
Upside Target 75.00
Upside Target 78.00
Upside Target 79.65
Upside Target 81.70
Upside Target 85.35
Upside Target 89.99
Upside Target 90.00
Upside Target 90.80
Upside Target 91.97
Upside Target 92.87

Intraday share price targets for Medico (Medico)

Target Type Value
Downside Intraday Target 47.77
Downside Intraday Target 46.13
Upside Intraday Target 50.37
Upside Intraday Target 51.33
Downside Intraday Target 48.73

Weekly technical analysis of Medico (Medico)

Date Weekly Closing Price Open High Low Volume
02 Tue Apr 2024 49.40 49.70 49.70 47.10 0.117 times
28 Thu Mar 2024 49.28 49.11 50.88 44.95 0.122 times
22 Fri Mar 2024 48.76 89.99 89.99 45.75 2.592 times
15 Fri Mar 2024 79.21 84.85 85.35 75.00 4.612 times
07 Thu Mar 2024 84.79 90.00 90.00 81.70 1.439 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 (Medico)

Date Monthly Closing Price Open High Low Volume
02 Tue Apr 2024 49.40 49.70 49.70 47.10 0.009 times
28 Thu Mar 2024 49.28 87.00 90.00 44.95 14.795 times
29 Thu Feb 2024 86.92 82.19 90.80 78.00 0.816 times
31 Wed Jan 2024 82.19 83.92 91.97 79.65 0.992 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 (Medico)

Price action analysis of Medico ( (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 ( (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 ( (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 ( (Medico) ) based on a mid to longer 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.

ADX buy sell signal for Medico stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Medico in short term and the sell signal is strong.

Medico 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 moving up

CCI has generated a buy signal for Medico in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 49.89 and Medico (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 (Medico) stock. Volume based technical analysis of Medico (Medico) stock is negative.

Medico 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 ( (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 ( (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 ( (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 ( (Medico) ) based on a mid to longer 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.

ADX buy sell signal for Medico stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Medico in short term and the sell signal is strong.

Medico 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 moving up

CCI has generated a buy signal for Medico in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 49.89 and Medico (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 (Medico) stock. Volume based technical analysis of Medico (Medico) stock is negative.

Medico 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 charts

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