(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 2024-04-05 View latest technical analysis
10 day averaged volume of Medico is 330680
Date | Daily Closing Price | Open | High | Low | Volume |
05 Fri Apr 2024 | 47.90 | 48.25 | 48.40 | 47.10 | 0.013 times |
04 Thu Apr 2024 | 47.99 | 48.05 | 48.40 | 47.40 | 0.038 times |
03 Wed Apr 2024 | 47.36 | 49.40 | 49.40 | 47.00 | 0.092 times |
02 Tue Apr 2024 | 49.40 | 49.69 | 49.69 | 48.00 | 0.077 times |
01 Mon Apr 2024 | 48.72 | 49.70 | 49.70 | 47.10 | 0.049 times |
28 Thu Mar 2024 | 49.28 | 50.50 | 50.80 | 48.00 | 0.046 times |
27 Wed Mar 2024 | 49.43 | 46.49 | 50.88 | 44.95 | 0.454 times |
26 Tue Mar 2024 | 46.26 | 49.11 | 49.65 | 45.16 | 0.574 times |
22 Fri Mar 2024 | 48.76 | 57.75 | 59.30 | 45.75 | 7.916 times |
21 Thu Mar 2024 | 57.18 | 71.20 | 71.20 | 57.16 | 0.567 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.8, but if it comes above 48.8, then a intra day buy could be more profitable.
If you take a sell trade below 48.8, then use 48.8 as stoploss and 30 as target. However if you take a buy trade in stock , then use 48.8 as stoploss and 64.46 as target.
Share price targets for Medico (Medico)
Target Type | Value |
Downside Target | 44.95 |
Downside Target | 47.00 |
Upside Target | 49.70 |
Upside Target | 50.88 |
Upside Target | 75.00 |
Upside Target | 78.00 |
Upside Target | 79.65 |
Upside Target | 81.70 |
Upside Target | 85.35 |
Upside Target | 89.99 |
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 | 46.7 |
Downside Intraday Target | 45.5 |
Upside Intraday Target | 49.4 |
Upside Intraday Target | 50.9 |
Upside Intraday Target | 48.2 |
Weekly technical analysis of Medico (Medico)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Fri Apr 2024 | 47.90 | 49.70 | 49.70 | 47.00 | 0.25 times |
28 Thu Mar 2024 | 49.28 | 49.11 | 50.88 | 44.95 | 0.122 times |
22 Fri Mar 2024 | 48.76 | 89.99 | 89.99 | 45.75 | 2.592 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 |
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 |
05 Fri Apr 2024 | 47.90 | 49.70 | 49.70 | 47.00 | 0.019 times |
28 Thu Mar 2024 | 49.28 | 87.00 | 90.00 | 44.95 | 14.795 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 |
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 neutral. A longer time frame might give a better analysis.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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
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 49.12 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 neutral. A longer time frame might give a better analysis.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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
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 49.12 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 further forecast and predictions for tomorrow