(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)
Showing technical analysis as on 2024-11-11 View latest technical analysis
10 day averaged volume of Polycab is 22997
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 6702.65 | 6700.05 | 6795.00 | 6630.05 | 0.18 times |
| 08 Fri Nov 2024 | 6715.00 | 6819.05 | 6844.00 | 6690.00 | 0.329 times |
| 07 Thu Nov 2024 | 6815.15 | 6998.95 | 6998.95 | 6800.10 | 0.694 times |
| 06 Wed Nov 2024 | 6885.30 | 6650.00 | 6934.15 | 6650.00 | 1.598 times |
| 05 Tue Nov 2024 | 6632.55 | 6565.00 | 6653.90 | 6375.00 | 0.53 times |
| 04 Mon Nov 2024 | 6521.65 | 6547.95 | 6552.65 | 6385.05 | 0.537 times |
| 01 Fri Nov 2024 | 6503.90 | 6490.05 | 6531.65 | 6471.65 | 0.18 times |
| 31 Thu Oct 2024 | 6482.30 | 6419.95 | 6498.10 | 6345.00 | 4.698 times |
| 30 Wed Oct 2024 | 6393.75 | 6400.25 | 6476.85 | 6340.00 | 0.376 times |
| 29 Tue Oct 2024 | 6389.80 | 6436.85 | 6441.70 | 6303.15 | 0.522 times |
My analysis of stock is bearish for shortterm, and stock might move down till 6423.4 or till 6065.3. Use a stoploss of 6721.85 and if the stock hits stoploss, then it can shoot up till 7020.27
Share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Target | 5936.40 |
| Downside Target | 6303.15 |
| 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 | 6623.47 |
| Downside Intraday Target | 6544.28 |
| Upside Intraday Target | 6788.42 |
| Upside Intraday Target | 6874.18 |
| Upside Intraday Target | 6709.23 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 6702.65 | 6700.05 | 6795.00 | 6630.05 | 0.049 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 |
| 18 Fri Oct 2024 | 7117.55 | 7400.00 | 7607.15 | 6611.40 | 2.769 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 Polycab (Polycab)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 6702.65 | 6490.05 | 6998.95 | 6375.00 | 0.178 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 |
Scroll below to view daily charts
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)
Price action analysis of Polycab ( (Polycab) ) 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 Polycab ( (Polycab) ) 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 Polycab ( (Polycab) ) based on a short to mid 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 Polycab ( (Polycab) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Polycab stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Polycab in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Polycab 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. Bulls are getting tired and bears are picking up momentum.
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 Polycab in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 Polycab is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6587.49 and Polycab (Polycab) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.
Price action analysis of Polycab ( (Polycab) ) 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 Polycab ( (Polycab) ) 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 Polycab ( (Polycab) ) based on a short to mid 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 Polycab ( (Polycab) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Polycab stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Polycab in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Polycab 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. Bulls are getting tired and bears are picking up momentum.
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 Polycab in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 Polycab is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6587.49 and Polycab (Polycab) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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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