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(PolytexP) Polytex P complete technical analysis [charts+indicators] | Buy/Sell Polytex P | (PolytexP) share price targets

Complete technical analysis of Polytex P (PolytexP) by charts plus indicators, forecast predictions and share price targets for Polytex P (PolytexP)

Showing technical analysis as on 2023-01-20 View latest technical analysis

10 day averaged volume of Polytex P is 5101

Date Daily Closing Price Open High Low Volume
20 Fri Jan 2023 3.65 3.90 3.99 3.61 2.409 times
19 Thu Jan 2023 3.80 3.95 3.95 3.80 0.616 times
18 Wed Jan 2023 3.99 3.99 3.99 3.80 0.661 times
17 Tue Jan 2023 3.99 3.98 3.99 3.62 0.656 times
16 Mon Jan 2023 3.80 4.19 4.19 3.80 2.339 times
13 Fri Jan 2023 4.00 4.00 4.00 3.99 0.557 times
12 Thu Jan 2023 4.00 4.00 4.05 3.81 0.187 times
11 Wed Jan 2023 4.00 3.90 4.00 3.63 1.795 times
10 Tue Jan 2023 3.81 3.99 4.21 3.81 1.357 times
09 Mon Jan 2023 4.01 3.99 4.18 3.99 1.691 times

Stock of Polytex P (PolytexP) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.8, but if it comes above 3.8, then a intra day buy could be more profitable.
If you take a sell trade below 3.8, then use 3.8 as stoploss and 3.5 as target. However if you take a buy trade in stock , then use 3.8 as stoploss and 3.94 as target.

Share price targets for Polytex P (PolytexP)

Target Type Value
Downside Target 3.00
Downside Target 3.10
Downside Target 3.21
Downside Target 3.43
Downside Target 3.59
Upside Target 3.90
Upside Target 4.08
Upside Target 4.19
Upside Target 4.37
Upside Target 4.56
Upside Target 4.74
Upside Target 4.80

Intraday share price targets for Polytex P (PolytexP)

Target Type Value
Downside Intraday Target 3.44
Downside Intraday Target 3.24
Upside Intraday Target 4.02
Upside Intraday Target 4.4
Upside Intraday Target 3.82

Weekly technical analysis of Polytex P (PolytexP)

Date Weekly Closing Price Open High Low Volume
20 Fri Jan 2023 3.65 4.19 4.19 3.61 1.196 times
13 Fri Jan 2023 4.00 3.99 4.21 3.63 0.877 times
06 Fri Jan 2023 3.99 3.79 4.56 3.61 1.733 times
30 Fri Dec 2022 3.79 4.08 4.08 3.43 0.43 times
23 Fri Dec 2022 4.29 3.90 4.74 3.90 1.817 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 Polytex P (PolytexP)

Date Monthly Closing Price Open High Low Volume
20 Fri Jan 2023 3.65 3.79 4.56 3.61 0.852 times
30 Fri Dec 2022 3.79 3.20 4.74 3.10 1.706 times
30 Wed Nov 2022 3.35 3.19 3.59 3.00 2.406 times
31 Mon Oct 2022 3.35 3.98 4.37 3.21 0.366 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 Polytex P (PolytexP)

Indicator Name Indicator Value Indicator Signal
ADX 19, 22, 9 Sell
MACD 0, 0Sell
Stochastics 26Sell
CCI -173Sell
RSI 52Buy
OBV -34431Sell
VWAP 4Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Polytex P ( (PolytexP) ) based on a short 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 Polytex P ( (PolytexP) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Polytex P ( (PolytexP) ) based on a short to mid 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 Polytex P ( (PolytexP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Polytex P stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Polytex P in short term but the sell signal is initial and weak.

Polytex P Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Polytex P 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 positive zone. This is a BUY zone

Stock of Polytex P is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.86 and Polytex P (PolytexP) 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 Polytex P (PolytexP) stock. Volume based technical analysis of Polytex P (PolytexP) stock is negative.

Polytex P Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Polytex P charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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