(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 2024-05-24 View latest technical analysis
10 day averaged volume of Medico is 53029
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 37.55 | 38.55 | 38.55 | 37.46 | 0.127 times |
| 23 Thu May 2024 | 38.23 | 38.82 | 38.82 | 37.80 | 0.086 times |
| 22 Wed May 2024 | 38.06 | 38.55 | 39.25 | 38.00 | 0.292 times |
| 21 Tue May 2024 | 38.54 | 39.49 | 39.49 | 38.20 | 0.407 times |
| 18 Sat May 2024 | 39.04 | 39.68 | 39.98 | 39.00 | 0.126 times |
| 17 Fri May 2024 | 39.67 | 40.50 | 40.65 | 39.01 | 0.156 times |
| 16 Thu May 2024 | 40.44 | 39.98 | 41.40 | 39.15 | 0.484 times |
| 15 Wed May 2024 | 40.26 | 38.20 | 40.27 | 36.45 | 2.537 times |
| 14 Tue May 2024 | 38.36 | 40.34 | 40.34 | 38.36 | 1.937 times |
| 13 Mon May 2024 | 40.37 | 43.30 | 43.30 | 40.37 | 0.922 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.8, but if it comes above 38.8, then a intra day buy could be more profitable.
If you take a sell trade below 38.8, then use 38.8 as stoploss and 35.1 as target. However if you take a buy trade in stock , then use 38.8 as stoploss and 41.8 as target.
Share price targets for Medico (Medico)
| Target Type | Value |
| Downside Target | 36.45 |
| Downside Target | 37.46 |
| Upside Target | 39.49 |
| Upside Target | 41.47 |
| Upside Target | 43.30 |
| Upside Target | 44.21 |
| Upside Target | 47.20 |
| Upside Target | 48.60 |
| Upside Target | 49.70 |
| Upside Target | 78.00 |
| Upside Target | 79.65 |
| Upside Target | 90.00 |
| Upside Target | 90.80 |
| Upside Target | 91.97 |
Intraday share price targets for Medico (Medico)
| Target Type | Value |
| Downside Intraday Target | 36.84 |
| Downside Intraday Target | 36.14 |
| Upside Intraday Target | 38.87 |
| Upside Intraday Target | 40.2 |
| Upside Intraday Target | 38.17 |
Weekly technical analysis of Medico (Medico)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 37.55 | 39.49 | 39.49 | 37.46 | 0.148 times |
| 18 Sat May 2024 | 39.04 | 43.30 | 43.30 | 36.45 | 0.841 times |
| 10 Fri May 2024 | 42.49 | 46.05 | 46.05 | 41.47 | 8.272 times |
| 03 Fri May 2024 | 46.00 | 47.00 | 47.20 | 44.21 | 0.886 times |
| 26 Fri Apr 2024 | 46.55 | 48.60 | 48.60 | 45.60 | 0.555 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 |
| 24 Fri May 2024 | 37.55 | 45.50 | 47.20 | 36.45 | 2.182 times |
| 30 Tue Apr 2024 | 45.52 | 49.70 | 49.70 | 44.53 | 0.078 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 |
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 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 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 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 BUY signal for Medico in short term but the buy signal is initial and weak.
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 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 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 39.47 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 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 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 BUY signal for Medico in short term but the buy signal is initial and weak.
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 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 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 39.47 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.
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