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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 2024-11-22 View latest technical analysis

10 day averaged volume of Poly Medicure is 136556

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	2582.15	2596.60	2644.25	2551.35	0.562 times
21 Thu Nov 2024	2589.05	2592.00	2652.00	2565.35	0.98 times
19 Tue Nov 2024	2607.70	2604.65	2656.85	2564.70	0.772 times
18 Mon Nov 2024	2616.60	2724.85	2730.00	2590.00	0.649 times
14 Thu Nov 2024	2701.10	2669.95	2748.65	2669.95	1.428 times
13 Wed Nov 2024	2655.15	2680.00	2684.00	2504.00	1.882 times
12 Tue Nov 2024	2709.35	2731.85	2786.90	2680.00	0.723 times
11 Mon Nov 2024	2731.85	2778.50	2799.00	2712.35	0.717 times
08 Fri Nov 2024	2781.00	2855.00	2855.00	2755.00	0.533 times
07 Thu Nov 2024	2850.05	2845.00	2863.00	2791.15	0.914 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 2575.7 as stoploss in an intra day buy trade for a target of 2721.43. However, stock will show a bearish move below 2575.7.

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
Upside Target	2631.50
Upside Target	2686.60
Upside Target	2730.00
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	2512.33
Downside Intraday Target	2442.52
Upside Intraday Target	2690.98
Upside Intraday Target	2799.82
Upside Intraday Target	2621.17

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	2582.15	2724.85	2730.00	2551.35	0.624 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
22 Fri Nov 2024	2582.15	2917.45	3357.80	2504.00	0.559 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 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining 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 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 2681.08 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 positive

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