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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 2024-06-19 View latest technical analysis

10 day averaged volume of Medico is 15968

Date Daily Closing Price Open High Low Volume
19 Wed Jun 2024 39.65 40.00 41.90 39.36 1.042 times
18 Tue Jun 2024 39.96 40.90 41.00 39.80 0.689 times
14 Fri Jun 2024 39.98 40.20 40.69 39.60 0.394 times
13 Thu Jun 2024 39.98 40.20 40.69 39.60 0.394 times
12 Wed Jun 2024 40.01 40.75 41.01 40.00 0.918 times
11 Tue Jun 2024 40.78 39.46 42.00 39.46 1.569 times
10 Mon Jun 2024 40.11 38.90 40.19 38.00 2.765 times
07 Fri Jun 2024 38.28 37.43 38.35 37.15 0.265 times
06 Thu Jun 2024 36.70 35.70 36.75 35.70 0.244 times
05 Wed Jun 2024 35.00 35.99 36.68 35.00 0.411 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 39.7 as stoploss in an intra day sell trade for a target of 38.11. However, stock will show a bullish move above 39.7.

Share price targets for Medico (Medico)

Target Type Value
Downside Target 35.00
Downside Target 36.15
Downside Target 37.46
Downside Target 39.36
Upside Target 41.90
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 38.71
Downside Intraday Target 37.76
Upside Intraday Target 41.25
Upside Intraday Target 42.84
Upside Intraday Target 40.3

Weekly technical analysis of Medico (Medico)

Date Weekly Closing Price Open High Low Volume
19 Wed Jun 2024 39.65 40.90 41.90 39.36 0.287 times
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

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
19 Wed Jun 2024 39.65 37.64 42.00 35.00 0.214 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Medico in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 39.75 and Medico (Medico) stock is trading below this level. This means that stock is falling with high volumes. 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Medico in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 39.75 and Medico (Medico) stock is trading below this level. This means that stock is falling with high volumes. 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.

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Daily charts

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