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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 2024-12-19 View latest technical analysis

10 day averaged volume of Poly Medicure is 117175

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	2654.10	2667.50	2679.90	2622.00	1.469 times
18 Wed Dec 2024	2721.90	2783.00	2783.00	2711.05	0.676 times
17 Tue Dec 2024	2780.45	2860.00	2860.95	2764.60	0.547 times
16 Mon Dec 2024	2849.65	2865.95	2873.80	2831.00	0.29 times
13 Fri Dec 2024	2841.10	2901.20	2901.20	2820.00	0.693 times
12 Thu Dec 2024	2906.20	2967.35	2980.05	2885.00	0.574 times
11 Wed Dec 2024	2945.05	2969.20	2986.35	2905.15	0.553 times
10 Tue Dec 2024	2968.45	2888.00	3031.00	2837.05	1.743 times
09 Mon Dec 2024	2887.50	2822.50	2894.00	2808.05	1 times
06 Fri Dec 2024	2819.05	2926.50	2927.35	2794.40	1.895 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2707.7, but if it comes above 2707.7, then a intra day buy could be more profitable.
If you take a sell trade below 2707.7, then use 2707.7 as stoploss and 2580.1 as target. However if you take a buy trade in stock , then use 2707.7 as stoploss and 2814.02 as target.

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
Upside 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	2559.47
Downside Intraday Target	2464.83
Upside Intraday Target	2811.27
Upside Intraday Target	2968.43
Upside Intraday Target	2716.63

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	2654.10	2865.95	2873.80	2622.00	0.654 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
19 Thu Dec 2024	2654.10	2782.55	3031.00	2622.00	0.375 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 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 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 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 but buying is losing 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 2834.26 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.