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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 2024-07-11 View latest technical analysis

10 day averaged volume of Poly Medicure is 163827

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	2150.60	2135.00	2169.00	2132.25	0.314 times
10 Wed Jul 2024	2137.70	2149.00	2236.60	2125.00	0.974 times
09 Tue Jul 2024	2140.05	2121.00	2158.45	2117.00	0.603 times
08 Mon Jul 2024	2116.85	2076.00	2150.00	2067.05	4.167 times
05 Fri Jul 2024	2075.85	2049.95	2111.00	2049.95	0.751 times
04 Thu Jul 2024	2048.40	1951.00	2077.90	1951.00	0.955 times
03 Wed Jul 2024	1957.25	1976.00	1984.90	1951.00	0.346 times
02 Tue Jul 2024	1966.70	2001.35	2019.95	1961.50	0.297 times
01 Mon Jul 2024	1983.95	1950.05	1993.55	1935.05	0.296 times
28 Fri Jun 2024	1930.55	1955.05	2018.40	1922.95	0.734 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2184.9, for a target of 2093.4 or 2017.12

Share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Target	1373.00
Downside Target	1488.60
Downside Target	1563.00
Downside Target	1652.00
Downside Target	1799.80
Downside Target	1922.95
Downside Target	2007.60
Downside Target	2067.05
Downside Target	2089.90
Downside Target	2097.80
Downside Target	2111.00
Upside Target	2236.60

Intraday share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Intraday Target	2066.23
Downside Intraday Target	1981.87
Upside Intraday Target	2235.78
Upside Intraday Target	2320.97
Upside Intraday Target	2151.42

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	2150.60	2076.00	2236.60	2067.05	2.291 times
05 Fri Jul 2024	2075.85	1950.05	2111.00	1935.05	0.709 times
28 Fri Jun 2024	1930.55	2060.00	2097.80	1922.95	0.211 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

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
11 Thu Jul 2024	2150.60	1950.05	2236.60	1935.05	0.331 times
28 Fri Jun 2024	1930.55	1850.00	2097.80	1585.60	1.567 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

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 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.

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

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 2082.2 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 positive

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