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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 2024-12-23 View latest technical analysis

10 day averaged volume of Poly Medicure is 115133

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	2513.00	2627.15	2627.15	2505.00	1.207 times
20 Fri Dec 2024	2595.75	2676.65	2722.95	2566.00	2.321 times
19 Thu Dec 2024	2654.10	2667.50	2679.90	2622.00	1.495 times
18 Wed Dec 2024	2721.90	2783.00	2783.00	2711.05	0.688 times
17 Tue Dec 2024	2780.45	2860.00	2860.95	2764.60	0.557 times
16 Mon Dec 2024	2849.65	2865.95	2873.80	2831.00	0.296 times
13 Fri Dec 2024	2841.10	2901.20	2901.20	2820.00	0.706 times
12 Thu Dec 2024	2906.20	2967.35	2980.05	2885.00	0.584 times
11 Wed Dec 2024	2945.05	2969.20	2986.35	2905.15	0.563 times
10 Tue Dec 2024	2968.45	2888.00	3031.00	2837.05	1.774 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2537.6, for a target of 2675.4 or 2790.24

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	2566.00
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	2469.62
Downside Intraday Target	2426.23
Upside Intraday Target	2591.77
Upside Intraday Target	2670.53
Upside Intraday Target	2548.38

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	2513.00	2627.15	2627.15	2505.00	0.225 times
20 Fri Dec 2024	2595.75	2865.95	2873.80	2566.00	1.153 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

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
23 Mon Dec 2024	2513.00	2782.55	3031.00	2505.00	0.448 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Poly Medicure in short term and the sell signal is strong.

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 2739.44 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.