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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 2024-08-09 View latest technical analysis

10 day averaged volume of Poly Medicure is 106875

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1879.30	1883.45	1896.00	1863.90	0.389 times
08 Thu Aug 2024	1867.15	1879.25	1904.05	1858.00	0.547 times
07 Wed Aug 2024	1853.30	1836.50	1860.00	1817.00	0.528 times
06 Tue Aug 2024	1821.05	1823.25	1862.90	1814.05	0.291 times
05 Mon Aug 2024	1814.15	1821.25	1866.80	1810.15	1.509 times
02 Fri Aug 2024	1848.90	1840.05	1868.00	1821.25	3.031 times
01 Thu Aug 2024	1842.50	1874.85	1881.65	1832.00	1.48 times
31 Wed Jul 2024	1871.60	1968.00	1968.00	1862.05	1.242 times
30 Tue Jul 2024	1965.60	1988.60	1988.70	1959.00	0.438 times
29 Mon Jul 2024	1966.40	2050.00	2070.00	1961.10	0.633 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 1862 as stoploss in an intra day buy trade for a target of 1969.67. However, stock will show a bearish move below 1862.

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
Downside Target	1862.05
Upside Target	1904.05
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	1824.95
Downside Intraday Target	1770.6
Upside Intraday Target	1918.85
Upside Intraday Target	1958.4
Downside Intraday Target	1864.5

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1879.30	1821.25	1904.05	1810.15	0.478 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 up 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
09 Fri Aug 2024	1879.30	1874.85	1904.05	1810.15	0.354 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Weak and stock is losing momentum.

MACD generated a SELL signal for Poly Medicure in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 1859.59 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 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.