(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 2024-08-08 View latest technical analysis
10 day averaged volume of Medico is 11463
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 37.58 | 38.17 | 38.17 | 37.01 | 0.63 times |
| 07 Wed Aug 2024 | 37.80 | 37.43 | 37.90 | 36.36 | 0.144 times |
| 06 Tue Aug 2024 | 36.30 | 36.21 | 38.49 | 36.00 | 0.782 times |
| 05 Mon Aug 2024 | 36.98 | 37.99 | 37.99 | 36.81 | 1.243 times |
| 02 Fri Aug 2024 | 38.09 | 39.10 | 39.10 | 37.76 | 1.136 times |
| 01 Thu Aug 2024 | 38.70 | 38.89 | 39.00 | 38.03 | 0.836 times |
| 31 Wed Jul 2024 | 38.62 | 39.29 | 39.55 | 38.40 | 0.945 times |
| 30 Tue Jul 2024 | 38.98 | 38.16 | 39.30 | 37.03 | 2.511 times |
| 29 Mon Jul 2024 | 38.16 | 38.25 | 39.17 | 37.80 | 1.135 times |
| 26 Fri Jul 2024 | 38.57 | 39.55 | 39.55 | 38.50 | 0.91 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 37.5 as stoploss in an intra day buy trade for a target of 38.32. However, stock will show a bearish move below 37.5.
Share price targets for Medico (Medico)
| Target Type | Value |
| Downside Target | 35.00 |
| Downside Target | 36.00 |
| Downside Target | 37.00 |
| Upside Target | 38.49 |
| Upside Target | 39.89 |
| Upside Target | 40.49 |
| Upside Target | 40.57 |
| Upside Target | 41.62 |
| Upside Target | 43.50 |
| Upside Target | 44.53 |
| Upside Target | 47.20 |
| Upside Target | 49.70 |
Intraday share price targets for Medico (Medico)
| Target Type | Value |
| Downside Intraday Target | 36.22 |
| Downside Intraday Target | 34.87 |
| Upside Intraday Target | 38.71 |
| Upside Intraday Target | 39.85 |
| Downside Intraday Target | 37.36 |
Weekly technical analysis of Medico (Medico)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 37.58 | 37.99 | 38.49 | 36.00 | 0.427 times |
| 02 Fri Aug 2024 | 38.09 | 38.25 | 39.55 | 37.03 | 1.451 times |
| 26 Fri Jul 2024 | 38.57 | 37.50 | 39.89 | 36.01 | 1.962 times |
| 19 Fri Jul 2024 | 37.54 | 39.41 | 40.57 | 37.00 | 0.483 times |
| 12 Fri Jul 2024 | 38.64 | 40.00 | 40.49 | 38.60 | 1.148 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 |
| 08 Thu Aug 2024 | 37.58 | 38.89 | 39.10 | 36.00 | 0.234 times |
| 31 Wed Jul 2024 | 38.62 | 40.92 | 41.62 | 36.01 | 0.621 times |
| 28 Fri Jun 2024 | 40.92 | 37.64 | 43.50 | 35.00 | 0.439 times |
| 31 Fri May 2024 | 36.90 | 45.50 | 47.20 | 36.15 | 2.354 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 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 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 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 SELL signal for Medico in short term and the sell signal is strong.
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 buy signal for Medico in short term but BUY 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 38.15 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 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 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 SELL signal for Medico in short term and the sell signal is strong.
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 buy signal for Medico in short term but BUY 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 38.15 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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