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Technicals for Poly Medicure Limited
By MusingTheNews
2025-12-15 20:52
Overall Technical outlook
Price Summary
On 2025-12-10, Poly Medicure Limited's stock started at 1909.9, soared to 1909.9, dropped to 1872.2, and finished the day -1.15% lower at 1887.9, with a trading volume of 35681 shares. For the 52-week period, the stock's highest price is 2849.65, and the lowest price is 1838.3. Based on recommendations from 6 analysts, the future price of POLYMED is expected to range from 1781.0 to 2570.0, with an average price expectation around 2212.6667.
Technicals
Support and Resistance: The current price is 1887.9, with support at 1838.3 and resistance at 1948.6. This range suggests that the price might move between these levels, with 1838.3 offering support and 1948.6 capping further gains for Poly Medicure Limited. Support/Resistance for POLYMED
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for Poly Medicure Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Poly Medicure Limited
Parabolic SAR: The PSAR maintains its bearish stance, establishing a resistance level that could cap any attempts at upward movement. This persistent bearish outlook suggests that the market may continue to face downward pressure, with resistance preventing significant gains. Parabolic Stop and Reverse chart for Poly Medicure Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Stochastic chart for Poly Medicure Limited
Tripple Moving Agerage: A bullish trend is indicated by the alignment of the 20-50-100 period moving averages for POLYMED, but this strength is tempered by the slopes of the faster averages, which hint at a possible reversal. The overall trend remains positive, yet the weakening signals from the shorter-term averages suggest that a change in direction may be imminent. Tripple SMA chart for Poly Medicure Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments 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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