(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 2022-06-29 View latest technical analysis
10 day averaged volume of Polymech Mch is 1746
|Date||Daily Closing Price||Open||High||Low||Volume|
|29 Wed Jun 2022||62.65||63.30||66.90||60.00||2.546 times|
|28 Tue Jun 2022||63.55||66.45||66.45||62.45||0.23 times|
|27 Mon Jun 2022||65.40||66.50||66.80||62.40||0.357 times|
|24 Fri Jun 2022||62.70||67.00||67.00||61.15||0.306 times|
|23 Thu Jun 2022||63.70||66.95||67.35||62.55||0.117 times|
|22 Wed Jun 2022||62.85||63.00||63.90||61.95||0.683 times|
|21 Tue Jun 2022||61.25||68.40||73.50||57.00||3.015 times|
|20 Mon Jun 2022||62.40||66.80||67.50||61.30||1.804 times|
|17 Fri Jun 2022||62.80||66.85||66.85||61.60||1.306 times|
|16 Thu Jun 2022||64.00||68.40||68.40||60.00||1.493 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 62.4 as stoploss in an intra day buy trade for a target of 64.84. However, stock will show a bearish move below 62.4.
Share price targets for Polymech Mch (PolymechMch)
Intraday share price targets for Polymech Mch (PolymechMch)
|Downside Intraday Target||59.47|
|Downside Intraday Target||56.28|
|Upside Intraday Target||66.37|
|Upside Intraday Target||70.08|
|Upside Intraday Target||63.18|
Weekly technical analysis of Polymech Mch (PolymechMch)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|29 Wed Jun 2022||62.65||66.50||66.90||60.00||0.529 times|
|24 Fri Jun 2022||62.70||66.80||73.50||57.00||0.772 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|
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|
|29 Wed Jun 2022||62.65||71.50||81.55||57.00||0.695 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||16, 13, 11||Buy|
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 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 Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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
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 62.57 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.