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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 66312

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	1641.00	1664.80	1665.80	1611.95	0.599 times
26 Fri Apr 2024	1633.20	1597.00	1665.90	1589.00	1.35 times
25 Thu Apr 2024	1584.05	1569.95	1595.00	1550.65	1.119 times
24 Wed Apr 2024	1561.20	1535.00	1568.40	1532.00	1.22 times
23 Tue Apr 2024	1533.55	1557.00	1566.20	1488.60	0.757 times
22 Mon Apr 2024	1549.00	1563.35	1606.60	1537.80	1.082 times
19 Fri Apr 2024	1563.30	1574.95	1616.80	1547.80	1.361 times
18 Thu Apr 2024	1570.60	1570.00	1592.00	1542.00	0.805 times
16 Tue Apr 2024	1568.40	1520.00	1577.00	1515.65	1.397 times
15 Mon Apr 2024	1550.20	1540.00	1563.45	1501.00	0.508 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1628.1, for a target of 1596.8 or 1570.68

Share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Target	1361.00
Downside Target	1437.10
Downside Target	1488.60
Downside Target	1582.45
Downside Target	1611.95
Downside Target	1616.80
Upside Target	1652.00
Upside Target	1665.80
Upside Target	1665.90
Upside Target	1677.00
Upside Target	1729.00

Intraday share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Intraday Target	1613.37
Downside Intraday Target	1585.73
Upside Intraday Target	1667.22
Upside Intraday Target	1693.43
Downside Intraday Target	1639.58

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	1641.00	1664.80	1665.80	1611.95	0.108 times
26 Fri Apr 2024	1633.20	1563.35	1665.90	1488.60	1.358 times
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

Price has moved up 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
29 Mon Apr 2024	1641.00	1589.20	1665.90	1488.60	0.982 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 up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Poly Medicure ( (POLYMED) ) based on a short to mid 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.

Price action analysis of Poly Medicure ( (POLYMED) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Poly Medicure stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Poly Medicure Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 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 1576.04 and Poly Medicure (POLYMED) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.