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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 2024-09-25 View latest technical analysis

10 day averaged volume of Poly Medicure is 119755

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	2317.00	2369.90	2388.00	2298.40	0.584 times
24 Tue Sep 2024	2376.20	2359.15	2410.05	2331.00	0.668 times
23 Mon Sep 2024	2359.15	2341.60	2392.65	2317.45	0.97 times
20 Fri Sep 2024	2341.60	2477.05	2499.75	2328.05	1.332 times
19 Thu Sep 2024	2465.30	2530.10	2530.70	2434.90	0.472 times
18 Wed Sep 2024	2502.85	2444.00	2565.00	2429.60	1.733 times
17 Tue Sep 2024	2426.35	2449.35	2453.40	2382.90	1.045 times
16 Mon Sep 2024	2449.35	2560.70	2560.70	2435.50	0.478 times
13 Fri Sep 2024	2539.15	2556.60	2569.95	2482.55	0.828 times
12 Thu Sep 2024	2531.30	2556.00	2599.45	2510.00	1.703 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2365.4, but if it comes above 2365.4, then a intra day buy could be more profitable.
If you take a sell trade below 2365.4, then use 2365.4 as stoploss and 2261 as target. However if you take a buy trade in stock , then use 2365.4 as stoploss and 2452.48 as target.

Share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Target	1563.00
Downside Target	1810.15
Downside Target	1862.05
Downside Target	1925.60
Downside Target	2097.80
Downside Target	2236.60
Downside Target	2298.40
Upside Target	2406.15
Upside Target	2410.05
Upside Target	2482.55
Upside Target	2565.00
Upside Target	2599.45
Upside Target	2686.60

Intraday share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Intraday Target	2273.58
Downside Intraday Target	2230.17
Upside Intraday Target	2385.23
Upside Intraday Target	2453.47
Upside Intraday Target	2341.82

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	2317.00	2341.60	2410.05	2298.40	0.439 times
20 Fri Sep 2024	2341.60	2560.70	2565.00	2328.05	0.883 times
13 Fri Sep 2024	2539.15	2555.10	2599.45	2482.55	0.452 times
06 Fri Sep 2024	2555.65	2358.85	2686.60	2345.05	1.243 times
30 Fri Aug 2024	2338.25	2250.00	2406.15	2240.00	1.262 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
25 Wed Sep 2024	2317.00	2358.85	2686.60	2298.40	0.928 times
30 Fri Aug 2024	2338.25	1874.85	2406.15	1810.15	1.412 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

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 BUY. Signal strength is Weak and stock is losing 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 weakening, and bulls are picking up momentum!

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 SELL signal in short term and selling is picking up 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 2442.5 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.