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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)

10 day averaged volume of Medico is 22639

Date Daily Closing Price Open High Low Volume
25 Thu Apr 2024 46.89 48.00 48.00 46.50 0.261 times
24 Wed Apr 2024 47.43 47.10 47.75 46.51 0.489 times
23 Tue Apr 2024 47.49 47.18 47.69 45.60 0.941 times
22 Mon Apr 2024 47.19 48.60 48.60 46.40 0.284 times
19 Fri Apr 2024 47.91 48.00 48.45 46.61 0.672 times
18 Thu Apr 2024 48.48 47.10 49.00 47.01 0.976 times
16 Tue Apr 2024 47.57 46.85 47.95 45.25 1.05 times
15 Mon Apr 2024 46.84 45.01 47.45 44.53 1.527 times
12 Fri Apr 2024 46.87 48.11 48.11 46.50 0.793 times
10 Wed Apr 2024 47.17 48.50 48.50 46.70 1.559 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 46.9, but if it comes above 46.9, then a intra day buy could be more profitable.
If you take a sell trade below 46.9, then use 46.9 as stoploss and 45.9 as target. However if you take a buy trade in stock , then use 46.9 as stoploss and 47.81 as target.

Share price targets for Medico (Medico)

Target Type Value
Downside Target 44.53
Upside Target 48.60
Upside Target 49.70
Upside Target 50.88
Upside Target 75.00
Upside Target 78.00
Upside Target 79.65
Upside Target 90.00
Upside Target 90.80
Upside Target 91.97
Upside Target 92.87

Intraday share price targets for Medico (Medico)

Target Type Value
Downside Intraday Target 45.46
Downside Intraday Target 44.03
Upside Intraday Target 48.46
Upside Intraday Target 50.03
Upside Intraday Target 47.03

Weekly technical analysis of Medico (Medico)

Date Weekly Closing Price Open High Low Volume
25 Thu Apr 2024 46.89 48.60 48.60 45.60 0.468 times
19 Fri Apr 2024 47.91 45.01 49.00 44.53 0.877 times
12 Fri Apr 2024 46.87 48.20 49.50 46.50 1.226 times
05 Fri Apr 2024 47.90 49.70 49.70 47.00 0.25 times
28 Thu Mar 2024 49.28 49.11 50.88 44.95 0.122 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
25 Thu Apr 2024 46.89 49.70 49.70 44.53 0.072 times
28 Thu Mar 2024 49.28 87.00 90.00 44.95 14.795 times
29 Thu Feb 2024 86.92 82.19 90.80 78.00 0.816 times
31 Wed Jan 2024 82.19 83.92 91.97 79.65 0.992 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 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 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 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 losing 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 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

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 47.38 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 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 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 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 losing 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 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

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 47.38 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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