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

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

Showing technical analysis as on 2023-06-06 View latest technical analysis

10 day averaged volume of Medi Caps is 8288

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Jun 2023	37.04	39.00	39.00	36.61	2.219 times
05 Mon Jun 2023	38.19	37.20	38.20	37.20	0.452 times
02 Fri Jun 2023	37.26	37.16	38.49	37.16	0.579 times
01 Thu Jun 2023	37.50	37.05	38.67	37.05	0.283 times
31 Wed May 2023	37.23	37.50	38.45	37.00	0.483 times
30 Tue May 2023	37.64	37.87	38.95	37.50	0.184 times
29 Mon May 2023	37.93	38.00	39.87	37.75	3.483 times
26 Fri May 2023	38.15	40.49	40.49	38.00	1.083 times
25 Thu May 2023	39.42	38.16	39.50	38.16	0.4 times
24 Wed May 2023	38.16	39.00	41.49	37.74	2.739 times

Stock of Medi Caps (MediCaps) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 37.6, but if it comes above 37.6, then a intra day buy could be more profitable.
If you take a sell trade below 37.6, then use 37.6 as stoploss and 36 as target. However if you take a buy trade in stock , then use 37.6 as stoploss and 38.87 as target.

Share price targets for Medi Caps (MediCaps)

Target Type	Value
Downside Target	30.62
Downside Target	33.55
Downside Target	36.20
Upside Target	39.00
Upside Target	39.87
Upside Target	40.40
Upside Target	40.49
Upside Target	41.50
Upside Target	41.88
Upside Target	43.00
Upside Target	44.50

Intraday share price targets for Medi Caps (MediCaps)

Target Type	Value
Downside Intraday Target	36.1
Downside Intraday Target	35.16
Upside Intraday Target	38.49
Upside Intraday Target	39.94
Upside Intraday Target	37.55

Weekly technical analysis of Medi Caps (MediCaps)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Jun 2023	37.04	37.20	39.00	36.61	0.533 times
02 Fri Jun 2023	37.26	38.00	39.87	37.00	1.029 times
26 Fri May 2023	38.15	39.23	41.88	37.74	1.28 times
19 Fri May 2023	40.13	39.13	43.00	37.24	0.881 times
12 Fri May 2023	39.93	36.50	40.49	36.50	2.314 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 Medi Caps (MediCaps)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue Jun 2023	37.04	37.05	39.00	36.61	0.186 times
31 Wed May 2023	37.23	37.01	43.00	36.20	1.312 times
28 Fri Apr 2023	37.64	34.00	40.40	33.55	0.696 times
31 Fri Mar 2023	34.93	40.05	41.50	30.62	1.09 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 Medi Caps (MediCaps)

Price action analysis of Medi Caps ( (MediCaps) ) 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 Medi Caps ( (MediCaps) ) 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 Medi Caps ( (MediCaps) ) 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 Medi Caps stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Medi Caps 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Medi Caps in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 Medi Caps is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37.82 and Medi Caps (MediCaps) 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 Medi Caps (MediCaps) stock. Volume based technical analysis of Medi Caps (MediCaps) stock is negative.

Medi Caps Stock has given negative 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.