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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 2024-10-17 View latest technical analysis

10 day averaged volume of Medico is 18053

Date Daily Closing Price Open High Low Volume
17 Thu Oct 2024 47.38 46.80 49.90 46.15 0.888 times
16 Wed Oct 2024 48.57 48.44 50.51 48.44 1.364 times
15 Tue Oct 2024 50.40 49.02 51.50 49.02 0.213 times
14 Mon Oct 2024 50.02 46.21 50.40 46.21 1.531 times
11 Fri Oct 2024 48.00 47.99 48.00 47.11 0.656 times
10 Thu Oct 2024 48.00 48.00 48.02 48.00 0.109 times
09 Wed Oct 2024 48.97 47.05 48.97 47.05 0.443 times
08 Tue Oct 2024 48.01 48.01 48.01 48.01 3.565 times
07 Mon Oct 2024 48.98 48.98 48.98 48.98 0 times
03 Thu Oct 2024 50.98 51.98 51.98 50.98 0.677 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.6, but if it comes above 47.6, then a intra day buy could be more profitable.
If you take a sell trade below 47.6, then use 47.6 as stoploss and 45.9 as target. However if you take a buy trade in stock , then use 47.6 as stoploss and 49.03 as target.

Share price targets for Medico (Medico)

Target Type Value
Downside Target 35.00
Downside Target 36.00
Downside Target 41.62
Downside Target 43.25
Downside Target 44.80
Downside Target 46.15
Upside Target 48.35
Upside Target 50.92
Upside Target 50.98
Upside Target 51.50
Upside Target 51.80
Upside Target 52.02

Intraday share price targets for Medico (Medico)

Target Type Value
Downside Intraday Target 45.19
Downside Intraday Target 42.99
Upside Intraday Target 50.54
Upside Intraday Target 53.69
Upside Intraday Target 48.34

Weekly technical analysis of Medico (Medico)

Date Weekly Closing Price Open High Low Volume
17 Thu Oct 2024 47.38 46.21 51.50 46.15 0.837 times
11 Fri Oct 2024 48.00 48.98 48.98 47.05 1.442 times
03 Thu Oct 2024 50.98 51.00 52.02 50.98 0.517 times
27 Fri Sep 2024 50.92 46.50 50.92 46.46 0.559 times
20 Fri Sep 2024 47.40 44.85 48.35 44.80 2.696 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 Thu Oct 2024 47.38 51.02 52.02 46.15 0.358 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
31 Wed Jul 2024 38.62 40.92 41.62 36.01 0.621 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 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 term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a SELL signal for Medico in short term but the sell signal is initial and weak.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up 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 48.67 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 positive

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 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 term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a SELL signal for Medico in short term but the sell signal is initial and weak.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up 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 48.67 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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