Login or Join
 Learn then Earn

(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 13131

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 45.52 46.49 46.49 45.03 0.539 times
29 Mon Apr 2024 45.94 47.00 47.00 45.66 0.772 times
26 Fri Apr 2024 46.55 46.80 47.00 46.50 0.633 times
25 Thu Apr 2024 46.89 48.00 48.00 46.50 0.45 times
24 Wed Apr 2024 47.43 47.10 47.75 46.51 0.844 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 45.5, for a target of 46.6 or 47.47

Share price targets for Medico (Medico)

Target Type Value
Downside Target 44.53
Upside Target 48.60
Upside Target 49.70
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 44.7
Downside Intraday Target 43.88
Upside Intraday Target 46.67
Upside Intraday Target 47.82
Upside Intraday Target 45.85

Weekly technical analysis of Medico (Medico)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 45.52 47.00 47.00 45.03 0.324 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
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

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
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
31 Wed Jan 2024 82.19 83.92 91.97 79.65 0.992 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 9, 30, 53 Sell
MACD -11, -12Buy
Stochastics 30Sell
CCI -170Sell
RSI 47Sell
OBV -91736Sell
VWAP 47Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Medico ( (Medico) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 47.39 and Medico (Medico) stock is trading below this level. This means that stock is falling with high volumes. 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 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

 Learn then Earn
Back to top | Use Dark Theme