Mobile app version of munafa.com.co
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-04 View latest technical analysis

10 day averaged volume of Medico is 331856

Date Daily Closing Price Open High Low Volume
04 Thu Apr 2024 47.99 48.05 48.40 47.40 0.037 times
03 Wed Apr 2024 47.36 49.40 49.40 47.00 0.092 times
02 Tue Apr 2024 49.40 49.69 49.69 48.00 0.076 times
01 Mon Apr 2024 48.72 49.70 49.70 47.10 0.049 times
28 Thu Mar 2024 49.28 50.50 50.80 48.00 0.046 times
27 Wed Mar 2024 49.43 46.49 50.88 44.95 0.452 times
26 Tue Mar 2024 46.26 49.11 49.65 45.16 0.572 times
22 Fri Mar 2024 48.76 57.75 59.30 45.75 7.888 times
21 Thu Mar 2024 57.18 71.20 71.20 57.16 0.565 times
20 Wed Mar 2024 71.45 79.63 79.63 69.60 0.187 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.5, but if it comes above 50.5, then a intra day buy could be more profitable.
If you take a sell trade below 50.5, then use 50.5 as stoploss and 31.6 as target. However if you take a buy trade in stock , then use 50.5 as stoploss and 66.32 as target.

Share price targets for Medico (Medico)

Target Type Value
Downside Target 44.95
Downside Target 47.00
Upside Target 49.70
Upside Target 50.88
Upside Target 75.00
Upside Target 78.00
Upside Target 79.65
Upside Target 81.70
Upside Target 85.35
Upside Target 89.99
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 46.76
Downside Intraday Target 45.53
Upside Intraday Target 49.46
Upside Intraday Target 50.93
Upside Intraday Target 48.23

Weekly technical analysis of Medico (Medico)

Date Weekly Closing Price Open High Low Volume
04 Thu Apr 2024 47.99 49.70 49.70 47.00 0.238 times
28 Thu Mar 2024 49.28 49.11 50.88 44.95 0.122 times
22 Fri Mar 2024 48.76 89.99 89.99 45.75 2.592 times
15 Fri Mar 2024 79.21 84.85 85.35 75.00 4.612 times
07 Thu Mar 2024 84.79 90.00 90.00 81.70 1.439 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
04 Thu Apr 2024 47.99 49.70 49.70 47.00 0.018 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

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 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 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 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 losing momentum.

MACD generated a SELL signal for Medico in short term and the sell signal is strong.

Medico Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a buy signal for Medico in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Medico is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 49.54 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 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 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 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 losing momentum.

MACD generated a SELL signal for Medico in short term and the sell signal is strong.

Medico Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a buy signal for Medico in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Medico is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 49.54 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.

Click here for Medico charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme