Medico Remedies (MEDICO) Technical (Analysis) Reports Medico Remedies ["Technical Analysis"] Reports -NSE Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Medico Remedies (MEDICO)
Technical Analysis Report for NSE stock MEDICO Medico Remedies. Dated: 26 Dec 2024 Updated Daily. Stock trades in NSE stock exchange
If you are looking for Tomorrow's Movement Predictions for NSE stock MEDICO Medico Remedies then click here. or read Experts views on Medico Remedies or Forecast & share price targets of Medico Remedies
Medico Remedies Opened at 49.64 and Closed at: 53.48, which is 9.09% of previous session's close. It moved within a range of 48.61 and 53.48
The session was a Bullish session with an average volume of 2747316, which is 52.29% of previous session's volumes.
- The stock has shown an up move, and its short term trend is also positive and in an uptrend.
- Even though the stock has shown an up move, but the mid term trend of the stock remains negative and in a downtrend.
- Even though the stock has shown an up move, but the long term trend of the stock remains negative and in a downtrend.
Support for tomorrow is 51.05 and resistance for tomorrow is 55.92
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 50.23, 46.99 resistance for tomorrow's hourly charts is 55.1, 56.73
10 Day SMA for Medico Remedies (MEDICO) is 50.11 and stock is trading above these levels. This is a good sign for its short term trend
20 Day SMA for Medico Remedies (MEDICO) is 49.42 and the stock is trading above these levels. This is a good sign for its mid term trend
50 Day SMA for Medico Remedies (MEDICO) is 53.51 and the stock is trading below these levels. This is not a good sign for its mid to long term trend
100 Day SMA is 69.38 and the stock is trading below these levels. This is not a good sign for its long term trend
200 Day SMA Medico Remedies is 73.37 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Medico Remedies is at 49.42 and 200 DMA is at 73.37, while 50 DMA and 100 DMA are at 53.51 and 69.38 respectively
Medico Remedies (MEDICO) moving average of 20 SMA is at 49.42 and 20 EMA is at 50.33
Date | Closing Price | 20 SMA | 20 EMA |
26 Thu Dec | 53.48 | 49.42 | 50.33 |
24 Tue Dec | 48.62 | 49.16 | 50 |
23 Mon Dec | 51.04 | 49.02 | 50.15 |
20 Fri Dec | 49.98 | 48.78 | 50.06 |
19 Thu Dec | 49.20 | 48.58 | 50.07 |
18 Wed Dec | 50.01 | 48.45 | 50.16 |
Medico Remedies (MEDICO) moving average of 50 SMA is at 53.51 and 50 EMA is at 55.75
Date | Closing Price | 50 SMA | 50 EMA |
26 Thu Dec | 53.48 | 53.51 | 55.75 |
24 Tue Dec | 48.62 | 53.99 | 55.84 |
23 Mon Dec | 51.04 | 54.6 | 56.13 |
20 Fri Dec | 49.98 | 55.26 | 56.34 |
19 Thu Dec | 49.20 | 55.94 | 56.6 |
18 Wed Dec | 50.01 | 56.66 | 56.9 |
Medico Remedies (MEDICO) moving average of 100 SMA is at 69.38 and 100 EMA is at 63.67
Date | Closing Price | 100 SMA | 100 EMA |
26 Thu Dec | 53.48 | 69.38 | 63.67 |
24 Tue Dec | 48.62 | 69.7 | 63.88 |
23 Mon Dec | 51.04 | 70.05 | 64.19 |
20 Fri Dec | 49.98 | 70.38 | 64.46 |
19 Thu Dec | 49.20 | 70.72 | 64.75 |
18 Wed Dec | 50.01 | 71.06 | 65.06 |
Medico Remedies (MEDICO) moving average of 200 SMA is at 73.37 and 200 EMA is at 73.53
Date | Closing Price | 200 SMA | 200 EMA |
26 Thu Dec | 53.48 | 73.37 | 73.53 |
24 Tue Dec | 48.62 | 73.5 | 73.73 |
23 Mon Dec | 51.04 | 73.65 | 73.98 |
20 Fri Dec | 49.98 | 73.79 | 74.21 |
19 Thu Dec | 49.20 | 73.94 | 74.45 |
18 Wed Dec | 50.01 | 74.09 | 74.71 |
Medico Remedies Technical analysis of indicators
Price action analysis of Medico Remedies (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.
ADX buy sell signal for Medico Remedies stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Medico Remedies 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 Remedies 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. Bulls 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 moving up
CCI has generated a buy signal for Medico Remedies in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Medico Remedies is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 50.39 and Medico Remedies 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 Remedies MEDICO stock. Volume based technical analysis of Medico Remedies MEDICO stock is negative.
Medico Remedies Stock is giving positive 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.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for NSE stock MEDICO Medico Remedies These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And MEDICO Experts View which covers a lot of information including buying and selling signals
MEDICO future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Medico Remedies or View Candle Stick Charts here
Quick Charts: Renko Point & Figure Just IntraDay All Indicators Weekly Monthly All in One Eagle View MACD & ADX
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