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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 2023-02-01 View latest technical analysis

10 day averaged volume of Polymech Mch is 2234

Date Daily Closing Price Open High Low Volume
01 Wed Feb 2023 68.95 72.70 72.70 68.30 0.114 times
31 Tue Jan 2023 71.80 75.95 75.95 69.00 0.071 times
27 Fri Jan 2023 70.15 67.25 71.90 67.25 0.182 times
25 Wed Jan 2023 69.35 68.60 72.80 68.60 0.299 times
24 Tue Jan 2023 71.95 68.05 74.90 67.00 0.327 times
23 Mon Jan 2023 70.85 67.20 70.90 67.00 0.651 times
20 Fri Jan 2023 68.55 68.50 70.45 67.00 2.127 times
19 Thu Jan 2023 68.55 69.00 70.90 68.50 0.601 times
18 Wed Jan 2023 69.30 70.10 73.05 68.35 0.388 times
17 Tue Jan 2023 70.05 73.05 73.05 69.00 5.279 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 69.4, but if it comes above 69.4, then a intra day buy could be more profitable.
If you take a sell trade below 69.4, then use 69.4 as stoploss and 67.4 as target. However if you take a buy trade in stock , then use 69.4 as stoploss and 70.95 as target.

Share price targets for Polymech Mch (PolymechMch)

Target Type Value
Downside Target 62.65
Downside Target 64.20
Downside Target 67.00
Upside Target 71.20
Upside Target 72.70
Upside Target 74.80
Upside Target 74.90
Upside Target 75.95
Upside Target 82.80
Upside Target 98.85
Upside Target 101.60

Intraday share price targets for Polymech Mch (PolymechMch)

Target Type Value
Downside Intraday Target 66.18
Downside Intraday Target 63.42
Upside Intraday Target 73.83
Upside Intraday Target 78.72
Upside Intraday Target 71.07

Weekly technical analysis of Polymech Mch (PolymechMch)

Date Weekly Closing Price Open High Low Volume
01 Wed Feb 2023 68.95 75.95 75.95 68.30 0.127 times
27 Fri Jan 2023 70.15 67.20 74.90 67.00 0.172 times
20 Fri Jan 2023 68.55 71.00 73.50 67.00 6.373 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

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
01 Wed Feb 2023 68.95 72.70 72.70 68.30 0.007 times
31 Tue Jan 2023 71.80 68.45 75.95 67.00 0.851 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

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 19, 13, 17 Buy
MACD -2, -2Buy
Stochastics 38None
CCI -20Sell
RSI 48Sell
OBV -15891Sell
VWAP 70Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

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 SELL signal in short term and selling is picking up 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 69.71 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.

Click here for Polymech Mch charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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