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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 2024-11-06 View latest technical analysis

10 day averaged volume of Medico is 42998

Date Daily Closing Price Open High Low Volume
06 Wed Nov 2024 58.76 59.50 60.82 58.24 2.096 times
05 Tue Nov 2024 58.59 58.00 59.91 57.94 0.368 times
04 Mon Nov 2024 57.71 61.00 61.00 56.84 0.386 times
01 Fri Nov 2024 60.09 60.18 61.90 58.93 0.446 times
31 Thu Oct 2024 57.59 58.50 58.50 56.06 0.298 times
30 Wed Oct 2024 57.26 58.98 59.02 56.50 3.727 times
29 Tue Oct 2024 57.00 54.19 57.90 52.63 1.196 times
28 Mon Oct 2024 53.62 52.49 53.80 47.60 1.802 times
25 Fri Oct 2024 48.91 50.20 50.20 47.08 0.988 times
24 Thu Oct 2024 49.55 50.80 50.80 48.02 0.317 times

Stock of Medico (Medico) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 56.9, but if it comes below 56.9, then a intra day sell could be more profitable.
If you take a sell trade below 56.9, then use 56.9 as stoploss and 52.52 as target. However if you take a buy trade in stock , then use 56.9 as stoploss and 62.1 as target.

Share price targets for Medico (Medico)

Target Type Value
Downside Target 36.00
Downside Target 41.62
Downside Target 43.25
Downside Target 45.51
Downside Target 46.87
Downside Target 48.98
Downside Target 51.40
Downside Target 56.84
Upside Target 59.02
Upside Target 61.00
Upside Target 61.90

Intraday share price targets for Medico (Medico)

Target Type Value
Downside Intraday Target 56.73
Downside Intraday Target 54.71
Upside Intraday Target 60.89
Upside Intraday Target 63.03
Upside Intraday Target 58.87

Weekly technical analysis of Medico (Medico)

Date Weekly Closing Price Open High Low Volume
06 Wed Nov 2024 58.76 61.00 61.00 56.84 0.382 times
01 Fri Nov 2024 60.09 52.49 61.90 47.60 3.193 times
25 Fri Oct 2024 48.91 49.28 51.40 46.87 0.776 times
18 Fri Oct 2024 48.99 46.21 51.50 45.51 1.504 times
11 Fri Oct 2024 48.00 48.98 48.98 47.05 1.442 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
06 Wed Nov 2024 58.76 60.18 61.90 56.84 0.216 times
31 Thu Oct 2024 57.59 51.02 59.02 45.51 1.196 times
30 Mon Sep 2024 51.00 45.16 51.80 43.25 0.752 times
30 Fri Aug 2024 46.08 38.89 47.08 36.00 3.131 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.

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 green color and prices are above the green cloud Prices appear to be moving up

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 but buying is losing 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 56.19 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.

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 green color and prices are above the green cloud Prices appear to be moving up

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 but buying is losing 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 56.19 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

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