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(Polymac) Polymac complete technical analysis [charts+indicators] | Buy/Sell Polymac | (Polymac) share price targets

Complete technical analysis of Polymac (Polymac) by charts plus indicators, forecast predictions and share price targets for Polymac (Polymac)

Showing technical analysis as on 2022-06-09 View latest technical analysis

10 day averaged volume of Polymac is 32000

Date Daily Closing Price Open High Low Volume
09 Thu Jun 2022 32.25 33.50 33.55 32.25 1.375 times
08 Wed Jun 2022 32.10 32.00 33.00 32.00 0.675 times
07 Tue Jun 2022 32.00 33.00 34.70 32.00 3 times
06 Mon Jun 2022 32.20 32.00 32.30 32.00 1.45 times
03 Fri Jun 2022 32.35 32.35 32.35 32.35 0.025 times
02 Thu Jun 2022 33.40 33.50 33.55 33.40 0.65 times
01 Wed Jun 2022 33.25 32.45 34.40 32.45 2.475 times
31 Tue May 2022 33.15 32.50 33.85 32.45 0.125 times
30 Mon May 2022 33.95 33.00 33.95 33.00 0.075 times
27 Fri May 2022 34.15 32.65 34.65 32.15 1.475 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 32.6, but if it comes above 32.6, then a intra day buy could be more profitable.
If you take a sell trade below 32.6, then use 32.6 as stoploss and 31.4 as target. However if you take a buy trade in stock , then use 32.6 as stoploss and 33.59 as target.

Share price targets for Polymac (Polymac)

Target Type Value
Downside Target 25.75
Downside Target 29.00
Downside Target 30.45
Downside Target 32.00
Upside Target 33.10
Upside Target 34.85
Upside Target 34.90
Upside Target 35.25
Upside Target 35.45
Upside Target 37.10
Upside Target 39.60

Intraday share price targets for Polymac (Polymac)

Target Type Value
Downside Intraday Target 31.27
Downside Intraday Target 30.28
Upside Intraday Target 33.97
Upside Intraday Target 35.68
Upside Intraday Target 32.98

Weekly technical analysis of Polymac (Polymac)

Date Weekly Closing Price Open High Low Volume
09 Thu Jun 2022 32.25 32.00 34.70 32.00 1.94 times
03 Fri Jun 2022 32.35 33.00 34.40 32.35 1.055 times
27 Fri May 2022 34.15 30.45 34.85 30.45 0.552 times
20 Fri May 2022 34.80 35.30 37.10 29.00 0.706 times
13 Fri May 2022 35.25 34.95 35.25 33.85 1.821 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 Polymac (Polymac)

Date Monthly Closing Price Open High Low Volume
09 Thu Jun 2022 32.25 32.45 34.70 32.00 0.444 times
31 Tue May 2022 33.15 36.45 37.10 29.00 1.066 times
29 Fri Apr 2022 36.00 34.00 39.60 25.75 1.971 times
31 Thu Mar 2022 33.35 34.80 34.90 33.20 0.795 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 Polymac (Polymac)

Indicator Name Indicator Value Indicator Signal
ADX 21, 31, 20 Sell
MACD -1, -1Sell
Stochastics 4Sell
CCI -40Buy
RSI 45Sell
OBV 102400Sell
VWAP 33Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Polymac ( (Polymac) ) based on a short 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 Polymac ( (Polymac) ) based on a short 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 Polymac ( (Polymac) ) based on a short to mid 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 Polymac ( (Polymac) ) based on a mid to longer term time period is

ADX buy sell signal for Polymac stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Polymac in short term and the sell signal is strong.

Polymac Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Polymac in short term but BUY signal is weak.

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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Polymac is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 32.72 and Polymac (Polymac) 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 Polymac (Polymac) stock. Volume based technical analysis of Polymac (Polymac) stock is negative.

Polymac 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 Polymac charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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