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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 2023-09-12 View latest technical analysis

10 day averaged volume of Medico is 30647

Date Daily Closing Price Open High Low Volume
12 Tue Sep 2023 74.69 74.44 74.90 71.44 0.426 times
11 Mon Sep 2023 75.19 74.95 75.86 73.16 0.23 times
08 Fri Sep 2023 73.16 72.90 73.20 72.90 0.956 times
07 Thu Sep 2023 72.93 75.06 75.50 72.20 1.853 times
06 Wed Sep 2023 75.50 78.00 78.30 74.85 0.139 times
05 Tue Sep 2023 77.12 80.00 80.00 76.60 0.405 times
04 Mon Sep 2023 78.85 78.40 79.37 76.46 0.679 times
01 Fri Sep 2023 78.44 78.51 79.82 77.90 0.344 times
31 Thu Aug 2023 79.61 79.58 80.13 78.80 5.298 times
30 Wed Aug 2023 79.55 80.63 80.83 79.48 0.038 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 75.8, but if it comes above 75.8, then a intra day buy could be more profitable.
If you take a sell trade below 75.8, then use 75.8 as stoploss and 72.6 as target. However if you take a buy trade in stock , then use 75.8 as stoploss and 78.43 as target.

Share price targets for Medico (Medico)

Target Type Value
Downside Target 64.60
Downside Target 67.93
Downside Target 71.44
Upside Target 75.65
Upside Target 77.90
Upside Target 81.10
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 72.13
Downside Intraday Target 69.58
Upside Intraday Target 76.55
Upside Intraday Target 78.42
Downside Intraday Target 74

Weekly technical analysis of Medico (Medico)

Date Weekly Closing Price Open High Low Volume
12 Tue Sep 2023 74.69 74.95 75.86 71.44 0.163 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
18 Fri Aug 2023 82.00 77.55 82.90 75.85 0.668 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
12 Tue Sep 2023 74.69 78.51 80.00 71.44 0.565 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 weakening, and bulls are picking up momentum!

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 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 77.28 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 weakening, and bulls are picking up momentum!

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 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 77.28 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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