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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 2022-06-02 View latest technical analysis

10 day averaged volume of Polymech Mch is 2665

Date Daily Closing Price Open High Low Volume
02 Thu Jun 2022 65.90 69.00 69.00 63.10 0.49 times
01 Wed Jun 2022 65.75 71.50 71.50 63.80 1.178 times
31 Tue May 2022 66.70 67.00 70.90 66.70 0.223 times
30 Mon May 2022 66.80 68.90 71.00 66.65 3.617 times
27 Fri May 2022 68.90 70.00 73.35 67.00 0.22 times
26 Thu May 2022 68.00 68.65 74.00 60.55 0.561 times
25 Wed May 2022 68.65 77.00 77.00 68.00 1.303 times
24 Tue May 2022 73.10 72.95 75.95 70.05 0.632 times
23 Mon May 2022 72.60 73.00 73.00 71.95 1.696 times
20 Fri May 2022 73.80 77.90 77.90 72.05 0.101 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67.5, but if it comes above 67.5, then a intra day buy could be more profitable.
If you take a sell trade below 67.5, then use 67.5 as stoploss and 61.1 as target. However if you take a buy trade in stock , then use 67.5 as stoploss and 72.73 as target.

Share price targets for Polymech Mch (PolymechMch)

Target Type Value
Downside Target 60.55
Downside Target 63.10
Upside Target 68.35
Upside Target 70.00
Upside Target 77.00
Upside Target 80.00
Upside Target 82.15
Upside Target 89.45
Upside Target 91.00
Upside Target 93.00
Upside Target 94.00
Upside Target 94.90

Intraday share price targets for Polymech Mch (PolymechMch)

Target Type Value
Downside Intraday Target 62.17
Downside Intraday Target 58.43
Upside Intraday Target 70.57
Upside Intraday Target 75.23
Upside Intraday Target 66.83

Weekly technical analysis of Polymech Mch (PolymechMch)

Date Weekly Closing Price Open High Low Volume
02 Thu Jun 2022 65.90 68.90 71.50 63.10 1.248 times
27 Fri May 2022 68.90 73.00 77.00 60.55 3.239 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 1.007 times
06 Fri May 2022 85.00 85.50 91.00 82.15 0.577 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
02 Thu Jun 2022 65.90 71.50 71.50 63.10 0.073 times
31 Tue May 2022 66.70 85.50 93.00 60.55 0.442 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

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 9, 19, 34 Sell
MACD -7, -6Sell
Stochastics 30Sell
CCI -104Sell
RSI 48Sell
OBV -45952Sell
VWAP 68Sell
ADL 0Sell
ROC -10Sell
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Polymech Mch stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Polymech Mch in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 68.43 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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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