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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 2024-11-21 View latest technical analysis

10 day averaged volume of Poly Medicure is 147603

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	2589.05	2592.00	2652.00	2565.35	0.907 times
19 Tue Nov 2024	2607.70	2604.65	2656.85	2564.70	0.714 times
18 Mon Nov 2024	2616.60	2724.85	2730.00	2590.00	0.601 times
14 Thu Nov 2024	2701.10	2669.95	2748.65	2669.95	1.321 times
13 Wed Nov 2024	2655.15	2680.00	2684.00	2504.00	1.741 times
12 Tue Nov 2024	2709.35	2731.85	2786.90	2680.00	0.668 times
11 Mon Nov 2024	2731.85	2778.50	2799.00	2712.35	0.663 times
08 Fri Nov 2024	2781.00	2855.00	2855.00	2755.00	0.493 times
07 Thu Nov 2024	2850.05	2845.00	2863.00	2791.15	0.846 times
06 Wed Nov 2024	2839.25	2824.95	2859.60	2810.05	1.297 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 2574.9 as stoploss in an intra day buy trade for a target of 2721.01. However, stock will show a bearish move below 2574.9.

Share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Target	1810.15
Downside Target	1862.05
Downside Target	2236.60
Downside Target	2406.15
Downside Target	2564.70
Upside Target	2631.50
Upside Target	2686.60
Upside Target	2755.00
Upside Target	2799.00
Upside Target	2978.80
Upside Target	3150.00
Upside Target	3357.80

Intraday share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Intraday Target	2525.83
Downside Intraday Target	2462.62
Upside Intraday Target	2691.13
Upside Intraday Target	2793.22
Upside Intraday Target	2627.92

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	2589.05	2724.85	2730.00	2564.70	0.506 times
14 Thu Nov 2024	2701.10	2778.50	2799.00	2504.00	0.497 times
08 Fri Nov 2024	2781.00	3150.00	3150.00	2755.00	0.582 times
01 Fri Nov 2024	3128.90	2538.95	3357.80	2460.50	2.152 times
25 Fri Oct 2024	2514.10	2473.35	2631.50	2430.00	1.001 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
21 Thu Nov 2024	2589.05	2917.45	3357.80	2504.00	0.542 times
31 Thu Oct 2024	2874.30	2315.00	2978.80	2277.05	1.367 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 red color and prices are below the red 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 and the buying is gaining 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 2708.82 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.