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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 2024-09-02 View latest technical analysis

10 day averaged volume of Medico is 62912

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	45.16	45.16	45.16	45.16	0.057 times
30 Fri Aug 2024	46.08	46.08	46.08	46.08	0.079 times
29 Thu Aug 2024	47.02	45.25	47.08	43.30	1.214 times
28 Wed Aug 2024	44.84	43.50	45.20	42.60	1.428 times
27 Tue Aug 2024	43.05	41.75	43.05	41.10	2.264 times
26 Mon Aug 2024	41.00	40.00	41.63	39.05	4.001 times
23 Fri Aug 2024	39.65	39.88	40.50	38.53	0.28 times
22 Thu Aug 2024	39.88	38.30	40.21	38.00	0.442 times
21 Wed Aug 2024	38.30	38.50	38.50	37.31	0.091 times
20 Tue Aug 2024	38.15	37.50	38.87	36.90	0.177 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.2, but if it comes below 43.2, then a intra day sell could be more profitable.
If you take a sell trade below 43.2, then use 43.2 as stoploss and 39.9 as target. However if you take a buy trade in stock , then use 43.2 as stoploss and 47.2 as target.

Share price targets for Medico (Medico)

Target Type	Value
Downside Target	35.00
Downside Target	36.00
Downside Target	36.90
Downside Target	38.49
Downside Target	40.50
Downside Target	41.62
Downside Target	43.50
Downside Target	45.16
Upside Target	47.08
Upside Target	47.20

Intraday share price targets for Medico (Medico)

Target Type	Value
Downside Intraday Target	45.16
Downside Intraday Target	45.16
Downside Intraday Target	45.16
Downside Intraday Target	45.16
Downside Intraday Target	45.16

Weekly technical analysis of Medico (Medico)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	45.16	45.16	45.16	45.16	0.006 times
30 Fri Aug 2024	46.08	40.00	47.08	39.05	8.86 times
23 Fri Aug 2024	39.65	37.38	40.50	36.90	2.101 times
16 Fri Aug 2024	37.24	38.72	39.00	36.01	0.624 times
09 Fri Aug 2024	37.96	37.99	38.49	36.00	0.647 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
02 Mon Sep 2024	45.16	45.16	45.16	45.16	0.005 times
30 Fri Aug 2024	46.08	38.89	47.08	36.00	3.131 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

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 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 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 Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Medico Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 42.64 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.