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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 2024-06-26 View latest technical analysis

10 day averaged volume of Poly Medicure is 368793

Date	Daily Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	2005.30	2009.90	2029.85	1981.15	0.196 times
25 Tue Jun 2024	1993.50	2045.40	2078.45	1986.35	0.278 times
24 Mon Jun 2024	2041.90	2060.00	2097.80	2028.00	0.465 times
21 Fri Jun 2024	2067.80	2001.00	2089.90	1950.00	6.987 times
20 Thu Jun 2024	2001.20	1965.45	2010.90	1950.85	0.108 times
19 Wed Jun 2024	1964.90	1966.00	1980.00	1945.00	0.542 times
18 Tue Jun 2024	1966.00	1992.05	2031.00	1951.55	0.217 times
14 Fri Jun 2024	1985.45	1851.00	2007.60	1851.00	0.468 times
13 Thu Jun 2024	1860.55	1860.10	1905.95	1850.60	0.126 times
12 Wed Jun 2024	1860.10	1838.90	1880.00	1825.75	0.132 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1989.8, but if it comes below 1989.8, then a intra day sell could be more profitable.
If you take a sell trade below 1989.8, then use 1989.8 as stoploss and 1888.23 as target. However if you take a buy trade in stock , then use 1989.8 as stoploss and 2111.6 as target.

Share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Target	1373.00
Downside Target	1455.95
Downside Target	1488.60
Downside Target	1563.00
Downside Target	1652.00
Downside Target	1729.00
Downside Target	1799.80
Downside Target	1855.70
Downside Target	1925.60
Downside Target	1981.15
Upside Target	2007.60
Upside Target	2089.90
Upside Target	2097.80

Intraday share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Intraday Target	1958.37
Downside Intraday Target	1911.43
Upside Intraday Target	2075.02
Upside Intraday Target	2144.73
Upside Intraday Target	2028.08

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	2005.30	2060.00	2097.80	1981.15	0.12 times
21 Fri Jun 2024	2067.80	1992.05	2089.90	1945.00	4.912 times
14 Fri Jun 2024	1985.45	1837.65	2007.60	1799.80	2.866 times
07 Fri Jun 2024	1822.00	1850.00	1855.70	1585.60	0.294 times
31 Fri May 2024	1802.25	1805.00	1925.60	1755.25	0.538 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
26 Wed Jun 2024	2005.30	1850.00	2097.80	1585.60	1.471 times
31 Fri May 2024	1802.25	1648.40	1925.60	1563.00	2.333 times
30 Tue Apr 2024	1643.20	1589.20	1665.90	1488.60	1.007 times
28 Thu Mar 2024	1589.20	1571.00	1652.00	1373.00	0.466 times

Scroll below to view daily charts

Price has moved up 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Poly Medicure ( (POLYMED) ) 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.

Price action analysis of Poly Medicure ( (POLYMED) ) based on a short to mid 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.

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 BUY. Signal strength is Strong and stock is losing momentum.

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

Poly Medicure Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal for Poly Medicure in short term but SELL signal is weak.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2044.49 and Poly Medicure (POLYMED) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.