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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 2022-11-16 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, 7Sell
Stochastics 9Sell
CCI -216Sell
RSI 47Sell
OBV 133500Sell
VWAP 86Sell
ADL 0Sell
ROC -19Sell
Force Index 0Sell

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.

Click here for Polymech Mch charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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