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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 2023-03-22 View latest technical analysis

10 day averaged volume of Medico is 24298

Date Daily Closing Price Open High Low Volume
22 Wed Mar 2023 78.35 81.00 84.50 77.45 3.713 times
21 Tue Mar 2023 81.50 82.20 86.95 80.15 2.708 times
20 Mon Mar 2023 82.85 84.45 84.45 80.40 3.974 times
17 Fri Mar 2023 80.45 79.70 80.45 72.85 1.232 times
16 Thu Mar 2023 76.65 71.90 76.65 70.50 0.703 times
15 Wed Mar 2023 365.00 376.00 378.40 363.55 0.206 times
14 Tue Mar 2023 376.95 398.90 398.90 375.50 0.339 times
13 Mon Mar 2023 386.35 372.50 388.15 370.50 0.343 times
10 Fri Mar 2023 369.70 372.00 377.50 363.00 0.314 times
09 Thu Mar 2023 367.75 363.80 371.55 356.85 0.119 times

Stock of Medico (Medico) 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 165.4, but if it comes above 165.4, then a intra day buy could be more profitable.
If you take a sell trade below 165.4, then use 165.4 as stoploss and 22.6 as target. However if you take a buy trade in stock , then use 165.4 as stoploss and 284.4 as target.

Share price targets for Medico (Medico)

Target Type Value
Downside Target 70.50
Downside Target 77.45
Upside Target 86.95
Upside Target 192.00
Upside Target 290.10
Upside Target 297.65
Upside Target 320.00
Upside Target 337.00
Upside Target 346.00
Upside Target 347.05
Upside Target 352.90
Upside Target 377.50
Upside Target 398.90

Intraday share price targets for Medico (Medico)

Target Type Value
Downside Intraday Target 74.88
Downside Intraday Target 71.42
Upside Intraday Target 84.38
Upside Intraday Target 90.42
Upside Intraday Target 80.92

Weekly technical analysis of Medico (Medico)

Date Weekly Closing Price Open High Low Volume
22 Wed Mar 2023 78.35 84.45 86.95 77.45 3.681 times
17 Fri Mar 2023 80.45 372.50 398.90 70.50 4.061 times
10 Fri Mar 2023 369.70 364.40 377.50 347.05 1.393 times
03 Fri Mar 2023 349.10 339.00 352.90 320.55 1.19 times
24 Fri Feb 2023 332.25 322.00 337.00 320.00 0.737 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Medico (Medico)

Date Monthly Closing Price Open High Low Volume
22 Wed Mar 2023 78.35 338.80 398.90 70.50 8.319 times
28 Tue Feb 2023 343.85 314.00 346.00 297.65 0.535 times
31 Tue Jan 2023 317.00 319.35 344.50 298.00 0.569 times
30 Fri Dec 2022 326.90 324.95 343.00 290.10 0.591 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 (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 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 ( (Medico) ) 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 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 coming down

CCI has generated a SELL signal for Medico 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 positive zone. This is a BUY 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 109.1 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 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 ( (Medico) ) 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 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 coming down

CCI has generated a SELL signal for Medico 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 positive zone. This is a BUY 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 109.1 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

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