MEDICO technical summary

At ₹18.61, Medico Remedies Ltd is trading 38.8% below its 50-day average of ₹30.41 and 53.4% below its 200-day average of ₹39.94. The 14-day RSI is 20.4, in oversold territory (30 or below). MACD is -3.03 against a signal line of -3.38, so the MACD line sits above its signal line. ADX(14) reads 61.7, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹18.5 to ₹56.88, with the price 0% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹18.93, resistance ₹19.35 and ₹19.73, support ₹18.55 and ₹18.13.