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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 2024-11-27 View latest technical analysis

10 day averaged volume of Medico is 316962

Date Daily Closing Price Open High Low Volume
27 Wed Nov 2024 46.01 47.29 47.29 45.80 0.069 times
26 Tue Nov 2024 46.36 46.35 46.58 45.75 0.234 times
25 Mon Nov 2024 45.44 48.94 48.98 45.00 0.33 times
22 Fri Nov 2024 46.65 43.01 46.92 43.01 0.154 times
21 Thu Nov 2024 44.69 43.32 45.12 43.32 0.463 times
19 Tue Nov 2024 45.59 45.59 45.59 45.59 0.426 times
18 Mon Nov 2024 50.65 55.20 56.78 50.65 6.3 times
14 Thu Nov 2024 56.27 55.22 57.55 54.25 0.398 times
13 Wed Nov 2024 56.61 55.11 57.25 53.69 0.416 times
12 Tue Nov 2024 55.99 61.00 61.48 54.87 0.499 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.2, but if it comes above 48.2, then a intra day buy could be more profitable.
If you take a sell trade below 48.2, then use 48.2 as stoploss and 41.4 as target. However if you take a buy trade in stock , then use 48.2 as stoploss and 53.92 as target.

Share price targets for Medico (Medico)

Target Type Value
Downside Target 36.00
Downside Target 41.62
Downside Target 43.01
Downside Target 45.00
Upside Target 47.08
Upside Target 48.98
Upside Target 51.80
Upside Target 53.69
Upside Target 55.42
Upside Target 56.78
Upside Target 59.02
Upside Target 61.52
Upside Target 61.90
Upside Target 63.00

Intraday share price targets for Medico (Medico)

Target Type Value
Downside Intraday Target 44.35
Downside Intraday Target 42.68
Upside Intraday Target 48.33
Upside Intraday Target 50.64
Upside Intraday Target 46.66

Weekly technical analysis of Medico (Medico)

Date Weekly Closing Price Open High Low Volume
27 Wed Nov 2024 46.01 48.94 48.98 45.00 0.086 times
22 Fri Nov 2024 46.65 55.20 56.78 43.01 3.511 times
14 Thu Nov 2024 56.27 59.11 61.52 53.69 1.657 times
08 Fri Nov 2024 58.31 61.00 63.00 55.42 1.246 times
01 Fri Nov 2024 60.09 52.49 61.90 47.60 3.193 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
27 Wed Nov 2024 46.01 60.18 63.00 43.01 5.5 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 down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Medico (Medico)

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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Medico in short term and the sell signal is strong.

Medico Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Medico in short term but BUY signal is weak.

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 50.52 and Medico (Medico) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Medico (Medico) stock. Volume based technical analysis of Medico (Medico) stock is negative.

Medico Stock has given negative 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Medico in short term and the sell signal is strong.

Medico Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Medico in short term but BUY signal is weak.

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 50.52 and Medico (Medico) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Medico (Medico) stock. Volume based technical analysis of Medico (Medico) stock is negative.

Medico Stock has given negative 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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