Overall Technical outlook

Price Summary

Poly Medicure Limited's stock began trading at 2528.0 on 2025-04-25, soared to 2565.0, dipped to 2426.3, and finished the day 0.26% higher at 2534.6, with 129207 shares exchanged.
For the 52-week period, the stock's highest price is 3002.35, and the lowest price is 1590.3.
According to 6 analysts, the future price is anticipated to vary between 2000.0 and 2850.0, with an average expected price of around 2456.0.

Technicals

Support and Resistance: The current price of 2534.6 for POLYMED is supported at 2479.8 and faces resistance at 2624.8. These levels indicate that 2479.8 could act as a floor, while 2624.8 might limit any further price increases.
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Support/Resistance for POLYMED


Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Poly Medicure Limited. This suggests a period of market balance, where neither side is showing dominance.
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Aroon chart for Poly Medicure Limited


Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
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Bolinger Bands chart for Poly Medicure Limited


Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for POLYMED.
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Parabolic Stop and Reverse chart for Poly Medicure Limited


Stochastic: The stochastic indicator shows the K-line below the D-line and above 80, hinting at the potential beginning of a bearish price move for POLYMED. This setup could signal that the market's recent strength is weakening, possibly leading to a downturn. Traders should watch for further evidence of a bearish trend.
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Stochastic chart for Poly Medicure Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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Tripple SMA chart for Poly Medicure Limited


When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.