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Technicals for Poly Medicure Limited
By MusingTheNews
2025-08-15 20:50
Overall Technical outlook
Price Summary
With a 2.67% surge, Poly Medicure Limited enjoyed a stellar day in the stock market. Poly Medicure Limited's stock, on 2025-08-14 opened at 1852.9, climbed to a high of 1933.6, dropped to a low of 1843.2, and closed up 2.67% at 1902.4, with 305258 shares traded. In the last 52 weeks, the stock's top price was 3002.35 and the bottom price was 1846.3. Future price predictions suggest a range between 2154.0 and 3100.0, with an average expected price of 2487.1667, as per 6 analysts.
Technicals
Aroon: The current reading of the AROON 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. Aroon chart for Poly Medicure Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for Poly Medicure Limited
Parabolic SAR: The PSAR for POLYMED continues to indicate a bearish outlook, reinforcing a resistance level that could limit upward potential. This suggests that the market may remain under bearish control, with resistance acting as a barrier to significant upward movement. Parabolic Stop and Reverse chart for Poly Medicure Limited
Stochastic: The Stochastic K-line is positioned below the D-line and sits under 20, suggesting a mildly bearish scenario. This setup indicates that the market might face some downside pressure, though the bearish signal is not particularly strong. Investors should consider this as a cautious indicator and monitor for further developments. Stochastic chart for Poly Medicure Limited
Tripple Moving Agerage: The moving averages for the 20-50-100 periods indicate a bullish trend, though the slopes of the faster averages suggest that this trend may not last. The weakening signals from the shorter-term averages point to a potential reversal, indicating that the current upward momentum could be approaching a turning point. Tripple SMA chart for Poly Medicure Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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