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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 2024-10-16 View latest technical analysis

10 day averaged volume of Poly Medicure is 133756

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	2435.95	2484.00	2498.95	2393.65	0.522 times
15 Tue Oct 2024	2475.65	2381.00	2499.95	2373.40	1.359 times
14 Mon Oct 2024	2387.50	2415.00	2669.70	2361.50	5.066 times
11 Fri Oct 2024	2344.20	2381.05	2400.00	2305.45	0.199 times
10 Thu Oct 2024	2369.20	2329.00	2391.00	2313.05	0.266 times
09 Wed Oct 2024	2344.25	2343.55	2398.35	2312.15	0.249 times
08 Tue Oct 2024	2343.55	2290.00	2365.00	2290.00	0.309 times
07 Mon Oct 2024	2310.85	2356.20	2442.50	2277.05	0.826 times
04 Fri Oct 2024	2347.55	2310.00	2367.00	2287.50	0.39 times
03 Thu Oct 2024	2312.95	2350.00	2354.00	2287.55	0.345 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2424.1, but if it comes below 2424.1, then a intra day sell could be more profitable.
If you take a sell trade below 2424.1, then use 2424.1 as stoploss and 2365.11 as target. However if you take a buy trade in stock , then use 2424.1 as stoploss and 2494.8 as target.

Share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Target	1585.60
Downside Target	1810.15
Downside Target	1862.05
Downside Target	2097.80
Downside Target	2236.60
Downside Target	2328.05
Downside Target	2406.15
Downside Target	2410.05
Upside Target	2442.50
Upside Target	2565.00
Upside Target	2669.70
Upside Target	2686.60

Intraday share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Intraday Target	2308.4
Downside Intraday Target	2180.85
Upside Intraday Target	2616.6
Upside Intraday Target	2797.25
Upside Intraday Target	2489.05

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	2435.95	2415.00	2669.70	2361.50	3.757 times
11 Fri Oct 2024	2344.20	2356.20	2442.50	2277.05	0.662 times
04 Fri Oct 2024	2347.55	2274.95	2399.20	2259.05	0.912 times
27 Fri Sep 2024	2275.00	2341.60	2410.05	2241.85	0.676 times
20 Fri Sep 2024	2341.60	2560.70	2565.00	2328.05	0.883 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
16 Wed Oct 2024	2435.95	2315.00	2669.70	2277.05	0.419 times
30 Mon Sep 2024	2314.75	2358.85	2686.60	2241.85	1.014 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

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling 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 2387.78 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 negative.

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