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 2024-07-26 View latest technical analysis

10 day averaged volume of Poly Medicure is 69415

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	1994.95	2023.05	2023.45	1986.05	0.464 times
25 Thu Jul 2024	2023.10	2039.20	2067.85	1988.00	0.703 times
24 Wed Jul 2024	2029.15	2058.00	2080.00	2011.00	0.332 times
23 Tue Jul 2024	2035.65	2045.05	2115.00	1959.65	0.945 times
22 Mon Jul 2024	2045.05	2043.50	2175.75	2014.00	2.695 times
19 Fri Jul 2024	2073.85	2115.90	2118.10	2048.75	0.7 times
18 Thu Jul 2024	2109.65	2137.70	2145.60	2005.90	0.651 times
16 Tue Jul 2024	2127.10	2124.00	2150.40	2098.05	0.651 times
15 Mon Jul 2024	2116.30	2100.00	2127.60	2046.00	1.926 times
12 Fri Jul 2024	2108.55	2168.25	2168.25	2097.50	0.656 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1993 as stoploss in an intra day buy trade for a target of 2058.56. However, stock will show a bearish move below 1993.

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	1922.95
Upside Target	2005.90
Upside Target	2067.05
Upside Target	2097.80
Upside Target	2111.00
Upside Target	2150.40
Upside Target	2175.75
Upside Target	2236.60

Intraday share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Intraday Target	1911.15
Downside Intraday Target	1827.35
Upside Intraday Target	2127.25
Upside Intraday Target	2259.55
Upside Intraday Target	2043.45

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	1994.95	2043.50	2175.75	1959.65	1.308 times
19 Fri Jul 2024	2073.85	2100.00	2150.40	2005.90	0.263 times
12 Fri Jul 2024	2108.55	2076.00	2236.60	2067.05	2.397 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

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 Fri Jul 2024	1994.95	1950.05	2236.60	1935.05	0.488 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 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 short to mid 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 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 gaining momentum.

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

Poly Medicure Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Poly Medicure in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY 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 2069.91 and Poly Medicure (POLYMED) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.