(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 2023-01-18 View latest technical analysis
10 day averaged volume of Polymech Mch is 2085
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Jan 2023 | 69.30 | 70.10 | 73.05 | 68.35 | 0.416 times |
| 17 Tue Jan 2023 | 70.05 | 73.05 | 73.05 | 69.00 | 5.657 times |
| 16 Mon Jan 2023 | 73.05 | 71.00 | 73.50 | 69.90 | 0.08 times |
| 13 Fri Jan 2023 | 71.50 | 70.00 | 72.25 | 69.65 | 0.402 times |
| 12 Thu Jan 2023 | 70.05 | 72.00 | 72.95 | 68.60 | 0.668 times |
| 11 Wed Jan 2023 | 73.15 | 73.15 | 73.25 | 71.80 | 0.12 times |
| 10 Tue Jan 2023 | 71.80 | 72.05 | 74.80 | 71.40 | 0.224 times |
| 09 Mon Jan 2023 | 74.15 | 74.70 | 74.70 | 74.15 | 0.009 times |
| 06 Fri Jan 2023 | 70.40 | 74.70 | 74.70 | 70.15 | 2.271 times |
| 05 Thu Jan 2023 | 70.55 | 70.05 | 73.70 | 69.10 | 0.444 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 68.5 as stoploss in an intra day buy trade for a target of 70.61. However, stock will show a bearish move below 68.5.
Share price targets for Polymech Mch (PolymechMch)
| Target Type | Value |
| Downside Target | 62.65 |
| Downside Target | 64.10 |
| Downside Target | 67.50 |
| Upside Target | 71.20 |
| Upside Target | 73.50 |
| Upside Target | 74.80 |
| Upside Target | 78.80 |
| Upside Target | 82.80 |
| Upside Target | 83.00 |
| Upside Target | 98.85 |
| Upside Target | 101.60 |
Intraday share price targets for Polymech Mch (PolymechMch)
| Target Type | Value |
| Downside Intraday Target | 67.27 |
| Downside Intraday Target | 65.23 |
| Upside Intraday Target | 72.42 |
| Upside Intraday Target | 75.53 |
| Upside Intraday Target | 70.38 |
Weekly technical analysis of Polymech Mch (PolymechMch)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Jan 2023 | 69.30 | 71.00 | 73.50 | 68.35 | 4.32 times |
| 13 Fri Jan 2023 | 71.50 | 74.70 | 74.80 | 68.60 | 0.341 times |
| 06 Fri Jan 2023 | 70.40 | 68.45 | 74.70 | 67.50 | 0.63 times |
| 30 Fri Dec 2022 | 68.45 | 70.00 | 71.50 | 62.65 | 1.534 times |
| 23 Fri Dec 2022 | 68.65 | 75.60 | 78.80 | 67.50 | 1.558 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 |
| 18 Wed Jan 2023 | 69.30 | 68.45 | 74.80 | 67.50 | 0.613 times |
| 30 Fri Dec 2022 | 68.45 | 74.00 | 82.80 | 62.65 | 0.678 times |
| 30 Wed Nov 2022 | 74.80 | 94.00 | 98.85 | 71.20 | 0.216 times |
| 31 Mon Oct 2022 | 93.05 | 69.00 | 101.60 | 64.20 | 2.303 times |
Scroll below to view daily charts
Price has moved up 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 | 11, 21, 30 | Sell |
| MACD | -2, -2 | Buy |
| Stochastics | 37 | None |
| CCI | -101 | Sell |
| RSI | 51 | Buy |
| OBV | -31469 | Sell |
| VWAP | 70 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Polymech Mch ( (PolymechMch) ) based on a short 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.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Polymech Mch in short term but the buy signal is initial and weak.
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 getting stronger in this stock.
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 positive zone. This is a BUY 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 70.28 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.
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