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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 2024-03-20 View latest technical analysis

10 day averaged volume of Medico is 124157

Date Daily Closing Price Open High Low Volume
20 Wed Mar 2024 71.45 79.63 79.63 69.60 0.499 times
19 Tue Mar 2024 74.53 80.20 80.20 71.43 0.195 times
18 Mon Mar 2024 77.71 89.99 89.99 77.33 0.129 times
15 Fri Mar 2024 79.21 75.57 79.94 75.57 1.277 times
14 Thu Mar 2024 78.02 75.01 79.88 75.00 4.341 times
13 Wed Mar 2024 79.26 82.00 83.70 77.85 2.825 times
12 Tue Mar 2024 83.66 84.27 85.00 83.39 0.406 times
11 Mon Mar 2024 84.19 84.85 85.35 83.00 0.183 times
07 Thu Mar 2024 84.79 83.40 85.12 81.70 0.301 times
06 Wed Mar 2024 84.09 85.79 85.79 83.40 0.159 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 72.6, for a target of 78.6 or 83.6

Share price targets for Medico (Medico)

Target Type Value
Downside Target 69.60
Upside Target 72.44
Upside Target 75.00
Upside Target 78.00
Upside Target 79.65
Upside Target 81.70
Upside Target 85.35
Upside Target 89.24
Upside Target 90.00
Upside Target 90.80
Upside Target 91.97
Upside Target 92.87

Intraday share price targets for Medico (Medico)

Target Type Value
Downside Intraday Target 64.04
Downside Intraday Target 56.62
Upside Intraday Target 84.43
Upside Intraday Target 97.4
Upside Intraday Target 77.01

Weekly technical analysis of Medico (Medico)

Date Weekly Closing Price Open High Low Volume
20 Wed Mar 2024 71.45 89.99 89.99 69.60 0.091 times
15 Fri Mar 2024 79.21 84.85 85.35 75.00 4.612 times
07 Thu Mar 2024 84.79 90.00 90.00 81.70 1.439 times
02 Sat Mar 2024 88.27 90.80 90.80 83.25 1.725 times
23 Fri Feb 2024 87.19 86.70 89.24 80.00 2.808 times

Price has moved down 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
20 Wed Mar 2024 71.45 87.00 90.00 69.60 4.824 times
29 Thu Feb 2024 86.92 82.19 90.80 78.00 0.816 times
31 Wed Jan 2024 82.19 83.92 91.97 79.65 0.992 times
29 Fri Dec 2023 83.59 77.05 92.87 75.00 4.675 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 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 78.74 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 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 78.74 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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