(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 2022-06-23 View latest technical analysis
10 day averaged volume of Polymech Mch is 2478
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu Jun 2022 | 63.70 | 66.95 | 67.35 | 62.55 | 0.083 times |
| 22 Wed Jun 2022 | 62.85 | 63.00 | 63.90 | 61.95 | 0.481 times |
| 21 Tue Jun 2022 | 61.25 | 68.40 | 73.50 | 57.00 | 2.124 times |
| 20 Mon Jun 2022 | 62.40 | 66.80 | 67.50 | 61.30 | 1.271 times |
| 17 Fri Jun 2022 | 62.80 | 66.85 | 66.85 | 61.60 | 0.92 times |
| 16 Thu Jun 2022 | 64.00 | 68.40 | 68.40 | 60.00 | 1.052 times |
| 15 Wed Jun 2022 | 64.10 | 65.05 | 67.90 | 63.80 | 0.484 times |
| 14 Tue Jun 2022 | 65.05 | 66.30 | 67.90 | 64.00 | 0.891 times |
| 13 Mon Jun 2022 | 63.60 | 81.55 | 81.55 | 62.00 | 2.061 times |
| 10 Fri Jun 2022 | 69.95 | 66.65 | 70.50 | 66.65 | 0.499 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 63.1 as stoploss in an intra day buy trade for a target of 65.53. However, stock will show a bearish move below 63.1.
Share price targets for Polymech Mch (PolymechMch)
| Target Type | Value |
| Downside Target | 57.00 |
| Downside Target | 60.00 |
| Downside Target | 63.10 |
| Upside Target | 64.50 |
| Upside Target | 68.35 |
| Upside Target | 70.70 |
| Upside Target | 77.00 |
| Upside Target | 81.55 |
| Upside Target | 89.45 |
| 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 | 55.97 |
| Downside Intraday Target | 48.23 |
| Upside Intraday Target | 72.47 |
| Upside Intraday Target | 81.23 |
| Upside Intraday Target | 64.73 |
Weekly technical analysis of Polymech Mch (PolymechMch)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu Jun 2022 | 63.70 | 66.80 | 73.50 | 57.00 | 0.732 times |
| 17 Fri Jun 2022 | 62.80 | 81.55 | 81.55 | 60.00 | 1.657 times |
| 10 Fri Jun 2022 | 69.95 | 64.75 | 70.70 | 64.50 | 0.51 times |
| 03 Fri Jun 2022 | 63.95 | 68.90 | 71.50 | 63.10 | 1.349 times |
| 27 Fri May 2022 | 68.90 | 73.00 | 77.00 | 60.55 | 3.239 times |
Price has moved up 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 Thu Jun 2022 | 63.70 | 71.50 | 81.55 | 57.00 | 0.597 times |
| 31 Tue May 2022 | 66.70 | 85.50 | 93.00 | 60.55 | 0.447 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 | 22, 10, 38 | Buy |
| MACD | -6, -6 | Buy |
| Stochastics | 23 | Sell |
| CCI | -27 | Buy |
| RSI | 52 | Buy |
| OBV | -30357 | Sell |
| VWAP | 63 | Buy |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Polymech Mch ( (PolymechMch) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Polymech Mch ( (PolymechMch) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Polymech Mch in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Polymech Mch in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 63.35 and Polymech Mch (PolymechMch) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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