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(POLYMED) Poly Medicure complete technical analysis [charts+indicators] | Buy/Sell Poly Medicure | (POLYMED) share price targets

Complete technical analysis of Poly Medicure (POLYMED) by charts plus indicators, forecast predictions and share price targets for Poly Medicure (POLYMED)

Poly Medicure trades in NSE in Medical Equipment sector.

Showing technical analysis as on 2024-04-18 View latest technical analysis

10 day averaged volume of Poly Medicure is 57061

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	1570.60	1570.00	1592.00	1542.00	0.936 times
16 Tue Apr 2024	1568.40	1520.00	1577.00	1515.65	1.624 times
15 Mon Apr 2024	1550.20	1540.00	1563.45	1501.00	0.59 times
12 Fri Apr 2024	1547.70	1565.00	1569.95	1538.20	0.466 times
10 Wed Apr 2024	1560.00	1575.80	1578.95	1550.85	0.252 times
09 Tue Apr 2024	1569.65	1545.00	1582.45	1545.00	0.502 times
08 Mon Apr 2024	1537.75	1581.35	1581.35	1526.70	0.427 times
05 Fri Apr 2024	1567.55	1579.85	1594.90	1557.60	3.001 times
04 Thu Apr 2024	1571.95	1575.60	1580.00	1546.90	0.484 times
03 Wed Apr 2024	1575.60	1571.90	1592.60	1545.05	1.501 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1582.1 as stoploss in an intra day sell trade for a target of 1552.29. However, stock will show a bullish move above 1582.1.

Share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Target	1361.00
Downside Target	1415.00
Downside Target	1501.00
Upside Target	1582.45
Upside Target	1592.00
Upside Target	1595.00
Upside Target	1595.20
Upside Target	1652.00
Upside Target	1677.00
Upside Target	1729.00

Intraday share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Intraday Target	1517.07
Downside Intraday Target	1463.53
Upside Intraday Target	1608.07
Upside Intraday Target	1645.53
Downside Intraday Target	1554.53

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	1570.60	1540.00	1592.00	1501.00	1.914 times
12 Fri Apr 2024	1547.70	1581.35	1582.45	1526.70	0.249 times
05 Fri Apr 2024	1567.55	1589.20	1595.20	1545.05	5.062 times
28 Thu Mar 2024	1589.20	1544.75	1595.00	1538.10	0.412 times
22 Fri Mar 2024	1555.55	1415.10	1563.95	1415.00	0.37 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Poly Medicure (POLYMED)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	1570.60	1589.20	1595.20	1501.00	0.557 times
28 Thu Mar 2024	1589.20	1571.00	1652.00	1373.00	0.466 times
29 Thu Feb 2024	1563.15	1456.00	1729.00	1455.95	1.772 times
31 Wed Jan 2024	1456.65	1490.00	1547.80	1361.00	0.72 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 Poly Medicure (POLYMED)

Price action analysis of Poly Medicure ( (POLYMED) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Poly Medicure ( (POLYMED) ) 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 Poly Medicure ( (POLYMED) ) 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 Poly Medicure stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Poly Medicure in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Poly Medicure 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 Poly Medicure in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Poly Medicure is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1566.06 and Poly Medicure (POLYMED) 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 Poly Medicure (POLYMED) stock. Volume based technical analysis of Poly Medicure (POLYMED) stock is negative.

Poly Medicure 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.