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

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

10 day averaged volume of Polycab is 13468

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 6515.60 6475.05 6610.10 6463.05 0.668 times
18 Mon Nov 2024 6447.20 6300.00 6486.65 6258.85 1.119 times
14 Thu Nov 2024 6300.95 6301.45 6396.05 6278.55 0.422 times
13 Wed Nov 2024 6328.10 6489.40 6489.40 6275.85 1.571 times
12 Tue Nov 2024 6507.10 6710.50 6750.45 6490.00 0.532 times

My analysis of stock is bearish for shortterm, and stock might move down till 6383.1 or till 6195.8. Use a stoploss of 6539.13 and if the stock hits stoploss, then it can shoot up till 6695.18

Share price targets for Polycab (Polycab)

Target Type Value
Downside Target 5936.40
Downside Target 6258.85
Upside Target 6610.10
Upside Target 6795.00
Upside Target 6882.00
Upside Target 6909.20
Upside Target 6998.95
Upside Target 7117.35
Upside Target 7228.75
Upside Target 7607.15

Intraday share price targets for Polycab (Polycab)

Target Type Value
Downside Intraday Target 6312.93
Downside Intraday Target 6110.27
Upside Intraday Target 6664.18
Upside Intraday Target 6812.77
Downside Intraday Target 6461.52

Weekly technical analysis of Polycab (Polycab)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 6515.60 6300.00 6610.10 6258.85 0.631 times
14 Thu Nov 2024 6300.95 6700.05 6795.00 6275.85 0.45 times
08 Fri Nov 2024 6715.00 6547.95 6998.95 6375.00 0.584 times
01 Fri Nov 2024 6503.90 6460.00 6531.65 6303.15 1.453 times
25 Fri Oct 2024 6461.25 7189.95 7228.75 6384.00 0.733 times

Price has moved up 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 Polycab (Polycab)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 6515.60 6490.05 6998.95 6258.85 0.29 times
31 Thu Oct 2024 6482.30 6960.00 7607.15 6303.15 1.963 times
30 Mon Sep 2024 6955.25 6814.70 7117.35 6427.25 0.952 times
30 Fri Aug 2024 6814.40 6890.00 6909.20 6303.35 0.476 times

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 Polycab (Polycab)

Indicator Name Indicator Value Indicator Signal
ADX 24, 28, 7 Sell
MACD -173, -154Sell
Stochastics 21Sell
CCI -26Buy
RSI 44Sell
OBV 69454Sell
VWAP 6633Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

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

Price action analysis of Polycab ( (Polycab) ) 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 Polycab stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Polycab 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Polycab 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

Stock of Polycab is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6632.93 and Polycab (Polycab) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Polycab (Polycab) stock. Volume based technical analysis of Polycab (Polycab) stock is negative.

Polycab 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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