(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 2022-11-16 View latest technical analysis
10 day averaged volume of Polymech Mch is 3531
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Wed Nov 2022 | 76.00 | 76.70 | 80.00 | 75.00 | 2.081 times |
| 15 Tue Nov 2022 | 81.10 | 85.20 | 85.20 | 80.20 | 0.959 times |
| 14 Mon Nov 2022 | 85.45 | 96.00 | 96.00 | 82.70 | 1.898 times |
| 11 Fri Nov 2022 | 91.30 | 97.70 | 97.70 | 88.60 | 0.42 times |
| 10 Thu Nov 2022 | 92.95 | 87.30 | 94.00 | 87.30 | 0.581 times |
| 09 Wed Nov 2022 | 90.85 | 87.00 | 92.00 | 87.00 | 0.794 times |
| 07 Mon Nov 2022 | 89.20 | 88.00 | 92.00 | 88.00 | 0.398 times |
| 04 Fri Nov 2022 | 89.00 | 88.70 | 89.90 | 88.65 | 0.552 times |
| 03 Thu Nov 2022 | 88.45 | 88.10 | 90.90 | 87.00 | 1.558 times |
| 02 Wed Nov 2022 | 90.80 | 96.00 | 96.00 | 90.00 | 1.866 times |
Stock of Polymech Mch (PolymechMch) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 78.8, for a target of 84.9 or 90.04
Share price targets for Polymech Mch (PolymechMch)
| Target Type | Value |
| Downside Target | 59.10 |
| Downside Target | 60.30 |
| Downside Target | 64.10 |
| Downside Target | 75.00 |
| Upside Target | 82.00 |
| Upside Target | 87.00 |
| Upside Target | 89.35 |
| Upside Target | 96.00 |
| Upside Target | 97.70 |
| Upside Target | 98.85 |
| Upside Target | 98.90 |
| Upside Target | 98.95 |
| Upside Target | 101.60 |
Intraday share price targets for Polymech Mch (PolymechMch)
| Target Type | Value |
| Downside Intraday Target | 68.67 |
| Downside Intraday Target | 61.33 |
| Upside Intraday Target | 89.67 |
| Upside Intraday Target | 103.33 |
| Upside Intraday Target | 82.33 |
Weekly technical analysis of Polymech Mch (PolymechMch)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Wed Nov 2022 | 76.00 | 96.00 | 96.00 | 75.00 | 2.252 times |
| 11 Fri Nov 2022 | 91.30 | 88.00 | 97.70 | 87.00 | 0.345 times |
| 04 Fri Nov 2022 | 89.00 | 98.95 | 98.95 | 87.00 | 0.348 times |
| 28 Fri Oct 2022 | 94.85 | 96.95 | 101.60 | 89.35 | 0.425 times |
| 21 Fri Oct 2022 | 91.20 | 87.85 | 98.90 | 82.00 | 3.759 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Polymech Mch (PolymechMch)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Wed Nov 2022 | 76.00 | 94.00 | 98.85 | 75.00 | 0.156 times |
| 31 Mon Oct 2022 | 93.05 | 69.00 | 101.60 | 64.20 | 2.303 times |
| 30 Fri Sep 2022 | 68.05 | 82.80 | 83.00 | 64.10 | 0.781 times |
| 30 Tue Aug 2022 | 77.65 | 70.00 | 83.00 | 59.10 | 4.34 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 | 18, 25, 17 | Sell |
| MACD | 4, 7 | Sell |
| Stochastics | 9 | Sell |
| CCI | -216 | Sell |
| RSI | 47 | Sell |
| OBV | 133500 | Sell |
| VWAP | 86 | Sell |
| ADL | 0 | Sell |
| ROC | -19 | Sell |
| Force Index | 0 | Sell |
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 term time period is
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Polymech Mch stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Polymech Mch in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 85.93 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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