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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 2023-09-04 View latest technical analysis

10 day averaged volume of Medico is 19389

Date Daily Closing Price Open High Low Volume
04 Mon Sep 2023 78.85 78.40 79.37 76.46 1.074 times
01 Fri Sep 2023 78.44 78.51 79.82 77.90 0.543 times
31 Thu Aug 2023 79.61 79.58 80.13 78.80 8.375 times
30 Wed Aug 2023 79.55 80.63 80.83 79.48 0.061 times
29 Tue Aug 2023 79.47 79.90 79.90 79.30 0.091 times
28 Mon Aug 2023 79.67 81.10 81.10 79.40 0.076 times
25 Fri Aug 2023 80.91 80.48 81.10 78.50 0.313 times
24 Thu Aug 2023 80.17 82.11 82.11 78.50 0.083 times
23 Wed Aug 2023 80.17 81.86 81.86 79.55 0.16 times
22 Tue Aug 2023 81.01 80.93 81.45 79.45 0.044 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 78.4 as stoploss in an intra day buy trade for a target of 79.5. However, stock will show a bearish move below 78.4.

Share price targets for Medico (Medico)

Target Type Value
Downside Target 64.60
Downside Target 67.93
Downside Target 75.65
Upside Target 81.10
Upside Target 81.50
Upside Target 81.99
Upside Target 82.90
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 77.08
Downside Intraday Target 75.32
Upside Intraday Target 79.99
Upside Intraday Target 81.14
Downside Intraday Target 78.23

Weekly technical analysis of Medico (Medico)

Date Weekly Closing Price Open High Low Volume
04 Mon Sep 2023 78.85 78.40 79.37 76.46 0.117 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
18 Fri Aug 2023 82.00 77.55 82.90 75.85 0.668 times
11 Fri Aug 2023 78.18 77.76 81.50 75.65 0.539 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
04 Mon Sep 2023 78.85 78.51 79.82 76.46 0.115 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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Medico stock for short term is SELL. Signal strength is Weak 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 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 79.53 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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Medico stock for short term is SELL. Signal strength is Weak 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 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 79.53 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

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Daily charts

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