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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)

10 day averaged volume of Polymech Mch is 3202

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 56.51 56.35 58.30 56.35 0.389 times
16 Thu May 2024 56.97 58.30 58.30 56.26 1.064 times
15 Wed May 2024 57.30 59.50 59.50 57.00 0.317 times
14 Tue May 2024 58.95 58.00 59.85 56.80 0.495 times
13 Mon May 2024 57.52 57.30 58.50 56.50 0.289 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 56.4 as stoploss in an intra day buy trade for a target of 58.64. However, stock will show a bearish move below 56.4.

Share price targets for Polymech Mch (PolymechMch)

Target Type Value
Downside Target 42.75
Downside Target 44.70
Downside Target 51.50
Downside Target 54.00
Downside Target 55.79
Upside Target 57.75
Upside Target 59.85
Upside Target 61.40
Upside Target 61.80
Upside Target 63.19
Upside Target 63.34
Upside Target 63.60

Intraday share price targets for Polymech Mch (PolymechMch)

Target Type Value
Downside Intraday Target 55.23
Downside Intraday Target 53.95
Upside Intraday Target 58.82
Upside Intraday Target 61.13
Upside Intraday Target 57.54

Weekly technical analysis of Polymech Mch (PolymechMch)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 56.51 57.30 59.85 56.26 0.343 times
10 Fri May 2024 56.57 61.80 61.80 56.26 0.187 times
03 Fri May 2024 59.85 62.75 63.60 57.75 0.894 times
26 Fri Apr 2024 61.22 55.00 63.34 54.00 2.466 times
19 Fri Apr 2024 54.00 51.70 55.79 51.50 0.304 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
17 Fri May 2024 56.51 62.00 63.19 56.26 0.093 times
30 Tue Apr 2024 60.93 44.70 63.60 44.70 5.399 times
28 Thu Mar 2024 44.98 56.39 56.60 42.75 0.631 times
29 Thu Feb 2024 55.60 57.75 61.40 52.00 0.766 times

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 14, 12, 5 Buy
MACD 2, 3Sell
Stochastics 10Sell
CCI -83Sell
RSI 51Buy
OBV 190613Sell
VWAP 58Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Polymech Mch in short term but the sell signal is initial and weak.

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 in or above 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 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 58.41 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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