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(PolymechMch) Polymech Mch complete technical analysis [charts+indicators] | Buy/Sell Polymech Mch | (PolymechMch) share price targets

Complete technical analysis of Polymech Mch (PolymechMch) by charts plus indicators, forecast predictions and share price targets for Polymech Mch (PolymechMch)

Showing technical analysis as on 2022-05-23 View latest technical analysis

10 day averaged volume of Polymech Mch is 2149

Date Daily Closing Price Open High Low Volume
23 Mon May 2022 72.60 73.00 73.00 71.95 2.104 times
20 Fri May 2022 73.80 77.90 77.90 72.05 0.125 times
19 Thu May 2022 73.50 79.85 79.85 71.00 0.584 times
18 Wed May 2022 73.00 74.00 76.90 73.00 0.268 times
17 Tue May 2022 73.50 80.00 80.00 73.50 0.038 times
16 Mon May 2022 74.05 76.00 76.00 72.10 0.676 times
13 Fri May 2022 75.60 77.00 79.55 73.55 0.56 times
12 Thu May 2022 72.70 81.00 86.00 71.10 0.435 times
11 Wed May 2022 73.30 78.00 86.00 70.00 4.736 times
10 Tue May 2022 80.70 83.00 83.00 80.15 2.095 times

Stock of Polymech Mch (PolymechMch) 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 73.9, but if it comes above 73.9, then a intra day buy could be more profitable.
If you take a sell trade below 73.9, then use 73.9 as stoploss and 67.3 as target. However if you take a buy trade in stock , then use 73.9 as stoploss and 79.43 as target.

Share price targets for Polymech Mch (PolymechMch)

Target Type Value
Downside Target 61.20
Downside Target 68.35
Downside Target 70.00
Upside Target 80.00
Upside Target 87.35
Upside Target 89.45
Upside Target 91.00
Upside Target 93.00
Upside Target 94.00
Upside Target 94.90
Upside Target 101.80

Intraday share price targets for Polymech Mch (PolymechMch)

Target Type Value
Downside Intraday Target 72.03
Downside Intraday Target 71.47
Upside Intraday Target 73.08
Upside Intraday Target 73.57
Downside Intraday Target 72.52

Weekly technical analysis of Polymech Mch (PolymechMch)

Date Weekly Closing Price Open High Low Volume
23 Mon May 2022 72.60 73.00 73.00 71.95 1.245 times
20 Fri May 2022 73.80 76.00 80.00 71.00 0.203 times
13 Fri May 2022 75.60 93.00 93.00 70.00 0.974 times
06 Fri May 2022 85.00 85.50 91.00 82.15 0.596 times
29 Fri Apr 2022 85.60 84.00 87.35 80.80 2.965 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 Polymech Mch (PolymechMch)

Date Monthly Closing Price Open High Low Volume
23 Mon May 2022 72.60 85.50 93.00 70.00 0.32 times
29 Fri Apr 2022 85.60 73.65 94.00 72.10 1.21 times
31 Thu Mar 2022 75.95 68.55 89.45 68.35 1.029 times
28 Mon Feb 2022 71.35 85.00 94.90 61.20 0.753 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 Polymech Mch (PolymechMch)

Indicator Name Indicator Value Indicator Signal
ADX 17, 13, 14 Buy
MACD -5, -4Sell
Stochastics 16Sell
CCI -130Sell
RSI 53Buy
OBV -28109Sell
VWAP 75Sell
ADL 0Sell
ROC -13Sell
Force Index 0Sell

Price action analysis of Polymech Mch ( (PolymechMch) ) 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 Polymech Mch ( (PolymechMch) ) 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 Polymech Mch ( (PolymechMch) ) based on a short to mid 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 Polymech Mch ( (PolymechMch) ) based on a mid to longer term time period is

ADX buy sell signal for Polymech Mch stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Polymech Mch in short term and the sell signal is strong.

Polymech Mch Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Polymech Mch 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 negative zone. This is the SELL zone

Stock of Polymech Mch is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 74.65 and Polymech Mch (PolymechMch) 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 Polymech Mch (PolymechMch) stock. Volume based technical analysis of Polymech Mch (PolymechMch) stock is negative.

Polymech Mch Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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

Click here for Polymech Mch charts

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Daily charts

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Daily chart

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