(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 2023-01-19 View latest technical analysis
10 day averaged volume of Polymech Mch is 2146
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Jan 2023 | 68.55 | 69.00 | 70.90 | 68.50 | 0.626 times |
| 18 Wed Jan 2023 | 69.30 | 70.10 | 73.05 | 68.35 | 0.404 times |
| 17 Tue Jan 2023 | 70.05 | 73.05 | 73.05 | 69.00 | 5.496 times |
| 16 Mon Jan 2023 | 73.05 | 71.00 | 73.50 | 69.90 | 0.077 times |
| 13 Fri Jan 2023 | 71.50 | 70.00 | 72.25 | 69.65 | 0.391 times |
| 12 Thu Jan 2023 | 70.05 | 72.00 | 72.95 | 68.60 | 0.649 times |
| 11 Wed Jan 2023 | 73.15 | 73.15 | 73.25 | 71.80 | 0.117 times |
| 10 Tue Jan 2023 | 71.80 | 72.05 | 74.80 | 71.40 | 0.218 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 | 2.206 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 68.4 as stoploss in an intra day buy trade for a target of 70.32. However, stock will show a bearish move below 68.4.
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 | 66.77 |
| Downside Intraday Target | 64.98 |
| Upside Intraday Target | 71.92 |
| Upside Intraday Target | 75.28 |
| Upside Intraday Target | 70.13 |
Weekly technical analysis of Polymech Mch (PolymechMch)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Jan 2023 | 68.55 | 71.00 | 73.50 | 68.35 | 4.773 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 |
| 19 Thu Jan 2023 | 68.55 | 68.45 | 74.80 | 67.50 | 0.646 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, 19, 29 | Sell |
| MACD | -2, -2 | Sell |
| Stochastics | 14 | Sell |
| CCI | -127 | Sell |
| RSI | 53 | Buy |
| OBV | -31738 | 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 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 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
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 losing momentum.
MACD generated a SELL signal for Polymech Mch in short term and the sell signal is strong.
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 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 70.16 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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