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(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 1506584

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 45.62 45.62 45.62 45.62 0.57 times
18 Mon Nov 2024 50.69 57.36 57.36 50.69 2.565 times
14 Thu Nov 2024 56.33 55.00 57.87 54.26 0.313 times
13 Wed Nov 2024 56.20 56.00 57.51 53.64 1.387 times
12 Tue Nov 2024 56.24 61.30 61.30 54.83 0.645 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 45.7, for a target of 50.9 or 55.29

Share price targets for Medico Remedies (MEDICO)

Target Type Value
Downside Target 44.55
Downside Target 45.62
Upside Target 53.64
Upside Target 55.05
Upside Target 57.36
Upside Target 59.20
Upside Target 61.50
Upside Target 63.00
Upside Target 77.15
Upside Target 79.20
Upside Target 90.00
Upside Target 92.00

Intraday share price targets for Medico Remedies (MEDICO)

Target Type Value
Downside Intraday Target 41.71
Downside Intraday Target 37.79
Upside Intraday Target 53.45
Upside Intraday Target 61.27
Upside Intraday Target 49.53

Weekly technical analysis of Medico Remedies (MEDICO)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 45.62 57.36 57.36 45.62 0.826 times
14 Thu Nov 2024 56.33 58.00 61.50 53.64 1.195 times
08 Fri Nov 2024 57.95 60.25 63.00 55.05 4.142 times
01 Fri Nov 2024 60.30 57.95 62.00 55.72 0.433 times
30 Wed Oct 2024 57.31 49.35 59.20 46.10 0.421 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
19 Tue Nov 2024 45.62 60.06 63.00 45.62 4.245 times
31 Thu Oct 2024 57.73 49.35 59.20 46.10 0.105 times
27 Wed Mar 2024 50.30 87.20 90.00 44.55 2.132 times
29 Thu Feb 2024 86.75 82.50 90.00 77.15 1.536 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 11, 36, 53 Sell
MACD -11, -10Sell
Stochastics 10Sell
CCI -244Sell
RSI 27Sell
OBV -11928472Sell
VWAP 55Sell
ADL 0Sell
ROC -21Sell
Force Index 0Sell

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 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

Price action analysis of Medico Remedies ( (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 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 in or above 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 and selling is picking up 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 55.43 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.

Click here for Medico Remedies charts

Click here for further forecast and predictions for tomorrow

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