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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.

10 day averaged volume of Poly Medicure is 55818

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	1563.30	1574.95	1616.80	1547.80	1.617 times
18 Thu Apr 2024	1570.60	1570.00	1592.00	1542.00	0.957 times
16 Tue Apr 2024	1568.40	1520.00	1577.00	1515.65	1.66 times
15 Mon Apr 2024	1550.20	1540.00	1563.45	1501.00	0.603 times
12 Fri Apr 2024	1547.70	1565.00	1569.95	1538.20	0.476 times
10 Wed Apr 2024	1560.00	1575.80	1578.95	1550.85	0.257 times
09 Tue Apr 2024	1569.65	1545.00	1582.45	1545.00	0.513 times
08 Mon Apr 2024	1537.75	1581.35	1581.35	1526.70	0.436 times
05 Fri Apr 2024	1567.55	1579.85	1594.90	1557.60	3.068 times
04 Thu Apr 2024	1571.95	1575.60	1580.00	1546.90	0.495 times

My analysis of stock is bullish for shortterm, and stock might move up till 1582.6 or till 1614.9. Use a stoploss of 1555.67 and if this stock hits its stoploss, then it can fall down till 1528.74

Share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Target	1361.00
Downside Target	1415.00
Downside Target	1501.00
Upside Target	1582.45
Upside Target	1595.00
Upside Target	1595.20
Upside Target	1616.80
Upside Target	1652.00
Upside Target	1677.00
Upside Target	1729.00

Intraday share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Intraday Target	1503.93
Downside Intraday Target	1444.57
Upside Intraday Target	1619.73
Upside Intraday Target	1676.17
Downside Intraday Target	1560.37

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	1563.30	1540.00	1616.80	1501.00	2.875 times
12 Fri Apr 2024	1547.70	1581.35	1582.45	1526.70	0.249 times
05 Fri Apr 2024	1567.55	1589.20	1595.20	1545.05	5.062 times
28 Thu Mar 2024	1589.20	1544.75	1595.00	1538.10	0.412 times
22 Fri Mar 2024	1555.55	1415.10	1563.95	1415.00	0.37 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Poly Medicure (POLYMED)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	1563.30	1589.20	1616.80	1501.00	0.635 times
28 Thu Mar 2024	1589.20	1571.00	1652.00	1373.00	0.466 times
29 Thu Feb 2024	1563.15	1456.00	1729.00	1455.95	1.772 times
31 Wed Jan 2024	1456.65	1490.00	1547.80	1361.00	0.72 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Poly Medicure in short term and the buy signal is strong.

Poly Medicure Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Poly Medicure in short term and BUY 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 1564.16 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.