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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 2024-11-07 View latest technical analysis

10 day averaged volume of Medico is 49980

Date Daily Closing Price Open High Low Volume
07 Thu Nov 2024 57.95 59.99 60.00 55.42 1.896 times
06 Wed Nov 2024 58.76 59.50 60.82 58.24 1.803 times
05 Tue Nov 2024 58.59 58.00 59.91 57.94 0.317 times
04 Mon Nov 2024 57.71 61.00 61.00 56.84 0.332 times
01 Fri Nov 2024 60.09 60.18 61.90 58.93 0.384 times
31 Thu Oct 2024 57.59 58.50 58.50 56.06 0.256 times
30 Wed Oct 2024 57.26 58.98 59.02 56.50 3.206 times
29 Tue Oct 2024 57.00 54.19 57.90 52.63 1.029 times
28 Mon Oct 2024 53.62 52.49 53.80 47.60 1.55 times
25 Fri Oct 2024 48.91 50.20 50.20 47.08 0.85 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 57.4, but if it comes below 57.4, then a intra day sell could be more profitable.
If you take a sell trade below 57.4, then use 57.4 as stoploss and 53.02 as target. However if you take a buy trade in stock , then use 57.4 as stoploss and 62.6 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 55.42
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 55.25
Downside Intraday Target 52.54
Upside Intraday Target 60.83
Upside Intraday Target 63.7
Upside Intraday Target 58.12

Weekly technical analysis of Medico (Medico)

Date Weekly Closing Price Open High Low Volume
07 Thu Nov 2024 57.95 61.00 61.00 55.42 0.677 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
07 Thu Nov 2024 57.95 60.18 61.90 55.42 0.36 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 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 term time period is neutral. A longer time frame might give a better analysis.

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 Weak and stock is losing momentum.

MACD generated a BUY signal for Medico in short term and the buy signal is strong.

Medico Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 56.64 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 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 term time period is neutral. A longer time frame might give a better analysis.

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 Weak and stock is losing momentum.

MACD generated a BUY signal for Medico in short term and the buy signal is strong.

Medico Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 56.64 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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