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 2024-08-05 View latest technical analysis

10 day averaged volume of Poly Medicure is 108603

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	1814.15	1821.25	1866.80	1810.15	1.485 times
02 Fri Aug 2024	1848.90	1840.05	1868.00	1821.25	2.982 times
01 Thu Aug 2024	1842.50	1874.85	1881.65	1832.00	1.457 times
31 Wed Jul 2024	1871.60	1968.00	1968.00	1862.05	1.222 times
30 Tue Jul 2024	1965.60	1988.60	1988.70	1959.00	0.431 times
29 Mon Jul 2024	1966.40	2050.00	2070.00	1961.10	0.623 times
26 Fri Jul 2024	1994.95	2023.05	2023.45	1986.05	0.296 times
25 Thu Jul 2024	2023.10	2039.20	2067.85	1988.00	0.449 times
24 Wed Jul 2024	2029.15	2058.00	2080.00	2011.00	0.212 times
23 Tue Jul 2024	2035.65	2045.05	2115.00	1959.65	0.604 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1792, for a target of 1919.6 or 2025.89

Share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Target	1488.60
Downside Target	1563.00
Downside Target	1665.90
Downside Target	1810.15
Upside Target	1862.05
Upside Target	1925.60
Upside Target	2005.90
Upside Target	2067.05
Upside Target	2070.00
Upside Target	2097.80
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	1793.93
Downside Intraday Target	1773.72
Upside Intraday Target	1850.58
Upside Intraday Target	1887.02
Upside Intraday Target	1830.37

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	1814.15	1821.25	1866.80	1810.15	0.221 times
02 Fri Aug 2024	1848.90	2050.00	2070.00	1821.25	2.045 times
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

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
05 Mon Aug 2024	1814.15	1874.85	1881.65	1810.15	0.274 times
31 Wed Jul 2024	1871.60	1950.05	2236.60	1862.05	0.546 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

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 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 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 Strong and stock is gaining momentum.

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

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 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 1886.08 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 negative.

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