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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 2024-12-18 View latest technical analysis

10 day averaged volume of Poly Medicure is 164070

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	2721.90	2783.00	2783.00	2711.05	0.483 times
17 Tue Dec 2024	2780.45	2860.00	2860.95	2764.60	0.391 times
16 Mon Dec 2024	2849.65	2865.95	2873.80	2831.00	0.207 times
13 Fri Dec 2024	2841.10	2901.20	2901.20	2820.00	0.495 times
12 Thu Dec 2024	2906.20	2967.35	2980.05	2885.00	0.41 times
11 Wed Dec 2024	2945.05	2969.20	2986.35	2905.15	0.395 times
10 Tue Dec 2024	2968.45	2888.00	3031.00	2837.05	1.245 times
09 Mon Dec 2024	2887.50	2822.50	2894.00	2808.05	0.714 times
06 Fri Dec 2024	2819.05	2926.50	2927.35	2794.40	1.353 times
05 Thu Dec 2024	2922.85	2870.05	2957.95	2817.00	1.449 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 2698.8 as stoploss in an intra day buy trade for a target of 2810.77. However, stock will show a bearish move below 2698.8.

Share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Target	1810.15
Downside Target	2241.85
Downside Target	2406.15
Downside Target	2504.00
Downside Target	2686.60
Upside Target	2808.05
Upside Target	2873.80
Upside Target	2978.80
Upside Target	3003.35
Upside Target	3031.00
Upside Target	3095.00
Upside Target	3357.80

Intraday share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Intraday Target	2664.03
Downside Intraday Target	2606.17
Upside Intraday Target	2826.78
Upside Intraday Target	2931.67
Upside Intraday Target	2768.92

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	2721.90	2865.95	2873.80	2711.05	0.332 times
13 Fri Dec 2024	2841.10	2822.50	3031.00	2808.05	0.444 times
06 Fri Dec 2024	2819.05	2782.55	3003.35	2693.00	0.401 times
29 Fri Nov 2024	2782.60	2604.05	3095.00	2596.05	7.407 times
22 Fri Nov 2024	2582.15	2724.85	2730.00	2551.35	0.624 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
18 Wed Dec 2024	2721.90	2782.55	3031.00	2693.00	0.344 times
29 Fri Nov 2024	2782.60	2917.45	3357.80	2504.00	1.211 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

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 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 to mid 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 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 getting stronger in this stock.

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

Although the stock is in the BUY zone, but buying 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 2878.7 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 negative.

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