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Stock analysis Poly Medicure Limited POLYMED

More indepth analysis on MunafaSutra.com

Moving Averages for Poly Medicure Limited

  • 5Day Average: 2744.37
  • 12Day Average: 2706.33
  • 20Day Average: 2760.39
  • 50Day Average: 2567.71
  • 100Day Average: 2371.72
  • 150Day Average: 2199.74
  • 200Day Average: 2040.34

POLYMED Indicators & signals

Indicator MACD (12,26,9)

2733.72, 2692.11, 49.32
Indicator MACD is in positive zone

Indicator ADX (14)

26.77, 30.13, 17.41
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of POLYMED Poly Medicure Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
02 Mon Dec 2024 2744.65 2693.00 to 2795.95 -1.36% 0.25 times
29 Fri Nov 2024 2782.60 2730.05 to 2808.00 1.6% 0.36 times
28 Thu Nov 2024 2738.90 2674.55 to 2765.90 1.75% 0.4 times
27 Wed Nov 2024 2691.80 2662.45 to 2763.90 -2.61% 0.58 times
26 Tue Nov 2024 2763.90 2747.00 to 2985.00 -7.94% 1.61 times
25 Mon Nov 2024 3002.35 2596.05 to 3095.00 16.27% 5.38 times
22 Fri Nov 2024 2582.15 2551.35 to 2644.25 -0.27% 0.21 times
21 Thu Nov 2024 2589.05 2565.35 to 2652.00 -0.72% 0.37 times
19 Tue Nov 2024 2607.70 2564.70 to 2656.85 -0.34% 0.29 times
18 Mon Nov 2024 2616.60 2590.00 to 2730.00 -3.13% 0.25 times
14 Thu Nov 2024 2701.10 2669.95 to 2748.65 1.73% 0.54 times
13 Wed Nov 2024 2655.15 2504.00 to 2684.00 -2% 0.71 times

Technical analysis forecast of Poly Medicure Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Poly Medicure Limited POLYMED at this time. Stock is rising and might rise more.

It appears as if Poly Medicure Limited POLYMED gave a large move recently.

Stock of Poly Medicure Limited (POLYMED) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Poly Medicure Limited is bullish for shortterm, and stock might move up till 2846.3 or till 3006. Use a stoploss of 2713.14 and if this stock hits its stoploss, then it can fall down till 2580.01

More indepth analysis on MunafaSutra.com