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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 2024-03-21 View latest technical analysis

10 day averaged volume of Poly Medicure is 73948

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	1529.70	1482.85	1540.00	1482.85	0.324 times
20 Wed Mar 2024	1496.70	1479.20	1503.60	1474.65	0.468 times
19 Tue Mar 2024	1477.95	1495.00	1495.80	1470.60	0.238 times
18 Mon Mar 2024	1495.60	1415.10	1509.70	1415.00	1.133 times
15 Fri Mar 2024	1432.85	1410.95	1444.20	1393.00	0.948 times
14 Thu Mar 2024	1418.15	1395.00	1429.00	1373.00	0.779 times
13 Wed Mar 2024	1396.10	1425.00	1459.70	1392.20	2.523 times
12 Tue Mar 2024	1450.95	1526.40	1531.00	1420.20	1.818 times
11 Mon Mar 2024	1518.85	1577.75	1577.75	1510.05	0.563 times
07 Thu Mar 2024	1570.40	1584.95	1599.75	1560.00	0.531 times

My analysis of stock is bearish for shortterm, and stock might move down till 1466.8 or till 1381.9. Use a stoploss of 1537.55 and if the stock hits stoploss, then it can shoot up till 1608.29

Share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Target	1361.00
Downside Target	1415.00
Upside Target	1537.50
Upside Target	1577.75
Upside Target	1581.00
Upside Target	1652.00
Upside Target	1666.95
Upside Target	1677.00
Upside Target	1729.00

Intraday share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Intraday Target	1449.8
Downside Intraday Target	1369.9
Upside Intraday Target	1574.8
Upside Intraday Target	1619.9
Downside Intraday Target	1494.9

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	1529.70	1415.10	1540.00	1415.00	0.326 times
15 Fri Mar 2024	1432.85	1577.75	1577.75	1373.00	1.33 times
07 Thu Mar 2024	1570.40	1621.55	1652.00	1553.10	0.42 times
02 Sat Mar 2024	1610.50	1599.85	1666.95	1537.50	0.965 times
23 Fri Feb 2024	1604.80	1602.75	1729.00	1547.80	6.038 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
21 Thu Mar 2024	1529.70	1571.00	1652.00	1373.00	0.428 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
29 Fri Dec 2023	1489.90	1538.60	1677.00	1437.10	0.822 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 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 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 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 Weak and stock is gaining momentum.

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

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

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 red color and prices are in or above the red 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 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 1453.58 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 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.