Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-26 View latest technical analysis

10 day averaged volume of Medico is 22223

Date Daily Closing Price Open High Low Volume
26 Wed Jun 2024 42.27 43.40 43.50 41.52 1.433 times
25 Tue Jun 2024 42.97 42.80 43.00 41.78 3.725 times
24 Mon Jun 2024 39.01 39.14 39.50 38.31 0.195 times
21 Fri Jun 2024 39.01 39.14 39.50 38.31 0.195 times
20 Thu Jun 2024 38.56 39.98 39.98 38.50 2.289 times
19 Wed Jun 2024 39.65 40.00 41.90 39.36 0.749 times
18 Tue Jun 2024 39.96 40.90 41.00 39.80 0.495 times
14 Fri Jun 2024 39.98 40.20 40.69 39.60 0.283 times
13 Thu Jun 2024 39.98 40.20 40.69 39.60 0.283 times
12 Wed Jun 2024 40.01 40.75 41.01 40.00 0.659 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 40.8, but if it comes below 40.8, then a intra day sell could be more profitable.
If you take a sell trade below 40.8, then use 40.8 as stoploss and 38.8 as target. However if you take a buy trade in stock , then use 40.8 as stoploss and 43.3 as target.

Share price targets for Medico (Medico)

Target Type Value
Downside Target 35.00
Downside Target 36.15
Downside Target 37.69
Downside Target 41.90
Upside Target 43.50
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 39.22
Downside Intraday Target 36.17
Upside Intraday Target 44.41
Upside Intraday Target 46.55
Downside Intraday Target 41.36

Weekly technical analysis of Medico (Medico)

Date Weekly Closing Price Open High Low Volume
26 Wed Jun 2024 42.27 39.14 43.50 38.31 1.436 times
21 Fri Jun 2024 39.01 40.90 41.90 38.31 0.859 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

Price has moved up 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
26 Wed Jun 2024 42.27 37.64 43.50 35.00 0.417 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 stronger in this stock.

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 but SELL signal is weak.

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 41 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 positive

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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 stronger in this stock.

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 but SELL signal is weak.

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 41 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 positive

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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme