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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 2024-06-14 View latest technical analysis

10 day averaged volume of Medico is 16237

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 39.98 40.20 40.69 39.60 0.387 times
13 Thu Jun 2024 39.98 40.20 40.69 39.60 0.387 times
12 Wed Jun 2024 40.01 40.75 41.01 40.00 0.902 times
11 Tue Jun 2024 40.78 39.46 42.00 39.46 1.543 times
10 Mon Jun 2024 40.11 38.90 40.19 38.00 2.719 times
07 Fri Jun 2024 38.28 37.43 38.35 37.15 0.26 times
06 Thu Jun 2024 36.70 35.70 36.75 35.70 0.24 times
05 Wed Jun 2024 35.00 35.99 36.68 35.00 0.405 times
04 Tue Jun 2024 35.78 36.50 37.40 35.35 2.312 times
03 Mon Jun 2024 37.19 37.64 38.30 37.00 0.407 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 39.6, but if it comes below 39.6, then a intra day sell could be more profitable.
If you take a sell trade below 39.6, then use 39.6 as stoploss and 38.01 as target. However if you take a buy trade in stock , then use 39.6 as stoploss and 41.4 as target.

Share price targets for Medico (Medico)

Target Type Value
Downside Target 35.00
Downside Target 36.15
Downside Target 37.46
Downside Target 39.49
Upside Target 42.00
Upside Target 43.30
Upside Target 44.53
Upside Target 44.95
Upside Target 47.20
Upside Target 49.70
Upside Target 78.00
Upside Target 90.00
Upside Target 90.80

Intraday share price targets for Medico (Medico)

Target Type Value
Downside Intraday Target 37.99
Downside Intraday Target 35.99
Upside Intraday Target 41.99
Upside Intraday Target 43.99
Upside Intraday Target 39.99

Weekly technical analysis of Medico (Medico)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 39.98 38.90 42.00 38.00 1.639 times
07 Fri Jun 2024 38.28 37.64 38.35 35.00 0.938 times
31 Fri May 2024 36.90 37.20 37.69 36.15 1.297 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Medico (Medico)

Date Monthly Closing Price Open High Low Volume
14 Fri Jun 2024 39.98 37.64 42.00 35.00 0.181 times
31 Fri May 2024 36.90 45.50 47.20 36.15 2.354 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

Scroll below to view daily charts

Price has moved up 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 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 short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Medico ( (Medico) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak and stock is losing 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Medico in short term

RSI is generating a BUY signal in short term but buying 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 38.68 and Medico (Medico) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Medico (Medico) stock. Volume based technical analysis of Medico (Medico) stock is negative.

Medico Stock is giving positive 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 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 short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Medico ( (Medico) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak and stock is losing 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Medico in short term

RSI is generating a BUY signal in short term but buying 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 38.68 and Medico (Medico) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Medico (Medico) stock. Volume based technical analysis of Medico (Medico) stock is negative.

Medico Stock is giving positive 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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