(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 70267
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 39.67 | 40.50 | 40.65 | 39.01 | 0.118 times |
| 16 Thu May 2024 | 40.44 | 39.98 | 41.40 | 39.15 | 0.365 times |
| 15 Wed May 2024 | 40.26 | 38.20 | 40.27 | 36.45 | 1.915 times |
| 14 Tue May 2024 | 38.36 | 40.34 | 40.34 | 38.36 | 1.462 times |
| 13 Mon May 2024 | 40.37 | 43.30 | 43.30 | 40.37 | 0.696 times |
| 10 Fri May 2024 | 42.49 | 44.10 | 44.10 | 41.90 | 2.304 times |
| 09 Thu May 2024 | 42.00 | 42.90 | 43.13 | 41.55 | 1.858 times |
| 08 Wed May 2024 | 42.95 | 43.70 | 44.80 | 41.47 | 0.698 times |
| 07 Tue May 2024 | 43.64 | 45.50 | 45.50 | 43.01 | 0.377 times |
| 06 Mon May 2024 | 45.27 | 46.05 | 46.05 | 44.62 | 0.294 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 41.1, but if it comes above 41.1, then a intra day buy could be more profitable.
If you take a sell trade below 41.1, then use 41.1 as stoploss and 37.6 as target. However if you take a buy trade in stock , then use 41.1 as stoploss and 44.08 as target.
Share price targets for Medico (Medico)
| Target Type | Value |
| Downside Target | 36.45 |
| Upside Target | 41.47 |
| Upside Target | 43.30 |
| Upside Target | 44.21 |
| Upside Target | 47.20 |
| Upside Target | 48.60 |
| Upside Target | 49.00 |
| Upside Target | 49.70 |
| Upside Target | 78.00 |
| Upside Target | 79.65 |
| Upside Target | 90.00 |
| Upside Target | 90.80 |
| Upside Target | 91.97 |
Intraday share price targets for Medico (Medico)
| Target Type | Value |
| Downside Intraday Target | 36.31 |
| Downside Intraday Target | 32.96 |
| Upside Intraday Target | 43.16 |
| Upside Intraday Target | 46.66 |
| Upside Intraday Target | 39.81 |
Weekly technical analysis of Medico (Medico)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 39.67 | 43.30 | 43.30 | 36.45 | 0.824 times |
| 10 Fri May 2024 | 42.49 | 46.05 | 46.05 | 41.47 | 8.272 times |
| 03 Fri May 2024 | 46.00 | 47.00 | 47.20 | 44.21 | 0.886 times |
| 26 Fri Apr 2024 | 46.55 | 48.60 | 48.60 | 45.60 | 0.555 times |
| 19 Fri Apr 2024 | 47.91 | 45.01 | 49.00 | 44.53 | 0.877 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 |
| 17 Fri May 2024 | 39.67 | 45.50 | 47.20 | 36.45 | 2.03 times |
| 30 Tue Apr 2024 | 45.52 | 49.70 | 49.70 | 44.53 | 0.078 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 |
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 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 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 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.
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. Bears are weakening, and bulls 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 41.28 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 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 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 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.
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. Bears are weakening, and bulls 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 41.28 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.
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