Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

10 day averaged volume of Medico is 22852

Date Daily Closing Price Open High Low Volume
21 Thu Sep 2023 70.98 71.50 71.50 69.65 0.037 times
20 Wed Sep 2023 70.52 70.73 71.33 69.80 0.113 times
18 Mon Sep 2023 69.96 71.49 71.49 69.50 0.218 times
15 Fri Sep 2023 69.80 70.96 70.97 68.93 0.071 times
14 Thu Sep 2023 69.72 73.95 73.95 69.70 3.525 times
13 Wed Sep 2023 72.20 73.68 75.41 72.20 1.239 times
12 Tue Sep 2023 74.69 74.44 74.90 71.44 0.571 times
11 Mon Sep 2023 75.19 74.95 75.86 73.16 0.309 times
08 Fri Sep 2023 73.16 72.90 73.20 72.90 1.282 times
07 Thu Sep 2023 72.93 75.06 75.50 72.20 2.485 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 71.5, but if it comes above 71.5, then a intra day buy could be more profitable.
If you take a sell trade below 71.5, then use 71.5 as stoploss and 66.8 as target. However if you take a buy trade in stock , then use 71.5 as stoploss and 75.42 as target.

Share price targets for Medico (Medico)

Target Type Value
Downside Target 64.60
Downside Target 67.93
Upside Target 71.50
Upside Target 75.65
Upside Target 77.90
Upside Target 80.00
Upside Target 81.10
Upside Target 81.99
Upside Target 83.49
Upside Target 90.55
Upside Target 100.79

Intraday share price targets for Medico (Medico)

Target Type Value
Downside Intraday Target 69.82
Downside Intraday Target 68.66
Upside Intraday Target 71.82
Upside Intraday Target 72.66
Downside Intraday Target 70.66

Weekly technical analysis of Medico (Medico)

Date Weekly Closing Price Open High Low Volume
21 Thu Sep 2023 70.98 71.49 71.50 69.50 0.064 times
15 Fri Sep 2023 69.80 74.95 75.86 68.93 1.057 times
08 Fri Sep 2023 73.16 78.40 80.00 72.20 0.697 times
01 Fri Sep 2023 78.44 81.10 81.10 77.90 10.702 times
25 Fri Aug 2023 80.91 82.20 83.49 78.50 0.908 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
21 Thu Sep 2023 70.98 78.51 80.00 68.93 1.001 times
31 Thu Aug 2023 79.61 79.65 83.49 75.65 1.517 times
31 Mon Jul 2023 79.20 76.23 81.99 67.93 0.45 times
30 Fri Jun 2023 76.22 88.35 90.55 64.60 1.297 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 (Medico)

Price action analysis of Medico ( (Medico) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Medico Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

Stock of Medico is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 71.77 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Medico Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

Stock of Medico is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 71.77 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme