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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 2024-08-02 View latest technical analysis

10 day averaged volume of Medico is 12317

Date Daily Closing Price Open High Low Volume
02 Fri Aug 2024 38.09 39.10 39.10 37.76 1.057 times
01 Thu Aug 2024 38.70 38.89 39.00 38.03 0.778 times
31 Wed Jul 2024 38.62 39.29 39.55 38.40 0.879 times
30 Tue Jul 2024 38.98 38.16 39.30 37.03 2.337 times
29 Mon Jul 2024 38.16 38.25 39.17 37.80 1.056 times
26 Fri Jul 2024 38.57 39.55 39.55 38.50 0.846 times
25 Thu Jul 2024 39.51 38.30 39.89 38.30 0.332 times
24 Wed Jul 2024 38.56 38.80 39.25 37.11 1.33 times
23 Tue Jul 2024 38.25 38.57 38.70 37.02 0.173 times
22 Mon Jul 2024 37.81 37.50 38.40 36.01 1.528 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.1, but if it comes above 38.1, then a intra day buy could be more profitable.
If you take a sell trade below 38.1, then use 38.1 as stoploss and 37.3 as target. However if you take a buy trade in stock , then use 38.1 as stoploss and 38.85 as target.

Share price targets for Medico (Medico)

Target Type Value
Downside Target 35.00
Downside Target 36.01
Downside Target 37.00
Upside Target 38.60
Upside Target 40.49
Upside Target 40.57
Upside Target 41.62
Upside Target 43.50
Upside Target 44.53
Upside Target 47.20
Upside Target 49.70

Intraday share price targets for Medico (Medico)

Target Type Value
Downside Intraday Target 36.9
Downside Intraday Target 35.7
Upside Intraday Target 39.42
Upside Intraday Target 40.74
Upside Intraday Target 38.22

Weekly technical analysis of Medico (Medico)

Date Weekly Closing Price Open High Low Volume
02 Fri Aug 2024 38.09 38.25 39.55 37.03 1.451 times
26 Fri Jul 2024 38.57 37.50 39.89 36.01 1.962 times
19 Fri Jul 2024 37.54 39.41 40.57 37.00 0.483 times
12 Fri Jul 2024 38.64 40.00 40.49 38.60 1.148 times
05 Fri Jul 2024 39.96 40.92 41.62 39.01 0.347 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
02 Fri Aug 2024 38.09 38.89 39.10 37.76 0.097 times
31 Wed Jul 2024 38.62 40.92 41.62 36.01 0.621 times
28 Fri Jun 2024 40.92 37.64 43.50 35.00 0.439 times
31 Fri May 2024 36.90 45.50 47.20 36.15 2.354 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 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 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.

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 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 38.5 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 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 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.

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 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 38.5 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.

Click here for Medico charts

Click here for further forecast and predictions for tomorrow

Daily charts

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