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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 2024-04-23 View latest technical analysis

10 day averaged volume of Poly Medicure is 60686

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	1533.55	1557.00	1566.20	1488.60	0.827 times
22 Mon Apr 2024	1549.00	1563.35	1606.60	1537.80	1.182 times
19 Fri Apr 2024	1563.30	1574.95	1616.80	1547.80	1.487 times
18 Thu Apr 2024	1570.60	1570.00	1592.00	1542.00	0.88 times
16 Tue Apr 2024	1568.40	1520.00	1577.00	1515.65	1.527 times
15 Mon Apr 2024	1550.20	1540.00	1563.45	1501.00	0.555 times
12 Fri Apr 2024	1547.70	1565.00	1569.95	1538.20	0.438 times
10 Wed Apr 2024	1560.00	1575.80	1578.95	1550.85	0.237 times
09 Tue Apr 2024	1569.65	1545.00	1582.45	1545.00	0.472 times
08 Mon Apr 2024	1537.75	1581.35	1581.35	1526.70	0.401 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 1526.5, for a target of 1545.4 or 1561.07

Share price targets for Poly Medicure (POLYMED)

Target Type	Value
Downside Target	1361.00
Downside Target	1437.10
Downside Target	1488.60
Upside Target	1582.45
Upside Target	1595.00
Upside Target	1595.20
Upside Target	1606.60
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	1479.23
Downside Intraday Target	1424.92
Upside Intraday Target	1597.23
Upside Intraday Target	1660.92
Upside Intraday Target	1542.92

Weekly technical analysis of Poly Medicure (POLYMED)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	1533.55	1563.35	1606.60	1488.60	0.452 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
28 Thu Mar 2024	1589.20	1544.75	1595.00	1538.10	0.412 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 Tue Apr 2024	1533.55	1589.20	1616.80	1488.60	0.739 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 but the sell signal is initial and weak.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 1557.13 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.