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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 2023-02-02 View latest technical analysis

10 day averaged volume of Polymech Mch is 2243

Date Daily Closing Price Open High Low Volume
02 Thu Feb 2023 69.10 68.95 71.80 68.50 0.091 times
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 0.07 times
27 Fri Jan 2023 70.15 67.25 71.90 67.25 0.181 times
25 Wed Jan 2023 69.35 68.60 72.80 68.60 0.298 times
24 Tue Jan 2023 71.95 68.05 74.90 67.00 0.325 times
23 Mon Jan 2023 70.85 67.20 70.90 67.00 0.648 times
20 Fri Jan 2023 68.55 68.50 70.45 67.00 2.119 times
19 Thu Jan 2023 68.55 69.00 70.90 68.50 0.599 times
18 Wed Jan 2023 69.30 70.10 73.05 68.35 0.387 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 69.2, but if it comes above 69.2, then a intra day buy could be more profitable.
If you take a sell trade below 69.2, then use 69.2 as stoploss and 67.3 as target. However if you take a buy trade in stock , then use 69.2 as stoploss and 70.75 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 66.28
Downside Intraday Target 63.47
Upside Intraday Target 73.93
Upside Intraday Target 78.77
Upside Intraday Target 71.12

Weekly technical analysis of Polymech Mch (PolymechMch)

Date Weekly Closing Price Open High Low Volume
02 Thu Feb 2023 69.10 75.95 75.95 68.30 0.189 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
02 Thu Feb 2023 69.10 72.70 72.70 68.30 0.013 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 18, 12, 18 Buy
MACD -2, -2Buy
Stochastics 33None
CCI -29Sell
RSI 45Sell
OBV -17242Sell
VWAP 69Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Polymech Mch ( (PolymechMch) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 moving up

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 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 69.32 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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