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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 2023-03-23 View latest technical analysis

10 day averaged volume of Medico is 33170

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu Mar 2023	80.55	78.35	82.25	74.45	2.154 times
22 Wed Mar 2023	78.35	81.00	84.50	77.45	2.72 times
21 Tue Mar 2023	81.50	82.20	86.95	80.15	1.984 times
20 Mon Mar 2023	82.85	84.45	84.45	80.40	2.911 times
17 Fri Mar 2023	80.45	79.70	80.45	72.85	0.903 times
16 Thu Mar 2023	76.65	71.90	76.65	70.50	0.515 times
15 Wed Mar 2023	365.00	376.00	378.40	363.55	0.151 times
14 Tue Mar 2023	376.95	398.90	398.90	375.50	0.248 times
13 Mon Mar 2023	386.35	372.50	388.15	370.50	0.252 times
10 Fri Mar 2023	369.70	372.00	377.50	363.00	0.23 times

Stock of Medico (Medico) has showed a significant upmove. This could be a good time to enter in 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 145.6, but if it comes above 145.6, then a intra day buy could be more profitable.
If you take a sell trade below 145.6, then use 145.6 as stoploss and -6.2 as target. However if you take a buy trade in stock , then use 145.6 as stoploss and 272.08 as target.

Share price targets for Medico (Medico)

Target Type	Value
Downside Target	70.50
Downside Target	74.45
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	74.35
Downside Intraday Target	68.15
Upside Intraday Target	86.85
Upside Intraday Target	93.15
Upside Intraday Target	80.65

Weekly technical analysis of Medico (Medico)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu Mar 2023	80.55	84.45	86.95	74.45	4.723 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 up 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
23 Thu Mar 2023	80.55	338.80	398.90	70.50	10.057 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 moving up

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 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 102.13 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.