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

(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 2024-04-24 View latest technical analysis

10 day averaged volume of Poly Medicure is 48581

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	1561.20	1535.00	1568.40	1532.00	1.665 times
23 Tue Apr 2024	1533.55	1557.00	1566.20	1488.60	1.033 times
22 Mon Apr 2024	1549.00	1563.35	1606.60	1537.80	1.476 times
19 Fri Apr 2024	1563.30	1574.95	1616.80	1547.80	1.858 times
18 Thu Apr 2024	1570.60	1570.00	1592.00	1542.00	1.099 times
16 Tue Apr 2024	1568.40	1520.00	1577.00	1515.65	1.907 times
15 Mon Apr 2024	1550.20	1540.00	1563.45	1501.00	0.693 times
12 Fri Apr 2024	1547.70	1565.00	1569.95	1538.20	0.547 times
10 Wed Apr 2024	1560.00	1575.80	1578.95	1550.85	0.296 times
09 Tue Apr 2024	1569.65	1545.00	1582.45	1545.00	0.589 times

My analysis of stock is bearish for shortterm, and stock might move down till 1548.7 or till 1531.9. Use a stoploss of 1562.64 and if the stock hits stoploss, then it can shoot up till 1576.61

Share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Target	1361.00
Downside Target	1437.10
Downside Target	1488.60
Upside Target	1582.45
Upside Target	1595.00
Upside Target	1595.20
Upside Target	1606.60
Upside Target	1616.80
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	1497.67
Downside Intraday Target	1434.13
Upside Intraday Target	1615.67
Upside Intraday Target	1670.13
Downside Intraday Target	1552.13

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	1561.20	1563.35	1606.60	1488.60	0.751 times
19 Fri Apr 2024	1563.30	1540.00	1616.80	1501.00	2.875 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

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 Poly Medicure (POLYMED)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	1561.20	1589.20	1616.80	1488.60	0.808 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Poly Medicure stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Poly Medicure in short term but the sell signal is initial and weak.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term and the buying is gaining 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 1558.6 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.