(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 2024-06-04 View latest technical analysis
10 day averaged volume of Polycab is 20948
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 6465.30 | 6950.10 | 7024.05 | 6238.10 | 4.41 times |
| 03 Mon Jun 2024 | 6931.20 | 6920.05 | 7106.20 | 6846.00 | 2.06 times |
| 31 Fri May 2024 | 6746.40 | 6735.45 | 6846.55 | 6621.35 | 0.524 times |
| 30 Thu May 2024 | 6711.60 | 6748.15 | 6767.55 | 6697.20 | 0.665 times |
| 29 Wed May 2024 | 6748.15 | 6750.00 | 6778.15 | 6648.95 | 0.467 times |
| 28 Tue May 2024 | 6705.55 | 6870.00 | 6899.00 | 6680.15 | 1.037 times |
| 27 Mon May 2024 | 6843.80 | 6729.20 | 6901.00 | 6693.25 | 1.138 times |
| 24 Fri May 2024 | 6683.15 | 6641.90 | 6740.00 | 6640.00 | 0.387 times |
| 23 Thu May 2024 | 6641.05 | 6571.90 | 6737.65 | 6571.90 | 1.108 times |
| 22 Wed May 2024 | 6564.25 | 6756.85 | 6762.95 | 6527.25 | 0.962 times |
Stock of Polycab (Polycab) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 6232.8 or till 5895. Use a stoploss of 6514.29 and if the stock hits stoploss, then it can shoot up till 6795.76
Share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Target | 4240.00 |
| Downside Target | 4638.00 |
| Downside Target | 4866.55 |
| Downside Target | 5001.05 |
| Downside Target | 5137.10 |
| Downside Target | 5679.45 |
| Downside Target | 6225.90 |
| Downside Target | 6364.00 |
| Upside Target | 6500.05 |
| Upside Target | 6843.80 |
| Upside Target | 6901.00 |
| Upside Target | 7106.20 |
Intraday share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Intraday Target | 6100.2 |
| Downside Intraday Target | 5735.1 |
| Upside Intraday Target | 6968.3 |
| Upside Intraday Target | 7471.3 |
| Upside Intraday Target | 6603.2 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 6465.30 | 6920.05 | 7106.20 | 6238.10 | 1.689 times |
| 31 Fri May 2024 | 6746.40 | 6729.20 | 6901.00 | 6621.35 | 0.932 times |
| 24 Fri May 2024 | 6683.15 | 6532.70 | 6843.80 | 6500.05 | 0.616 times |
| 18 Sat May 2024 | 6495.55 | 6263.60 | 6542.20 | 6225.90 | 0.611 times |
| 10 Fri May 2024 | 6153.60 | 5899.95 | 6364.00 | 5679.45 | 2.229 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 Polycab (Polycab)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 6465.30 | 6920.05 | 7106.20 | 6238.10 | 0.229 times |
| 31 Fri May 2024 | 6746.40 | 5700.00 | 6901.00 | 5679.45 | 1.758 times |
| 30 Tue Apr 2024 | 5666.60 | 5070.00 | 5787.10 | 5001.05 | 0.759 times |
| 28 Thu Mar 2024 | 5066.30 | 4794.95 | 5137.10 | 4638.00 | 0.514 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 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 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 to mid 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 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 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 but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Polycab 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 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 6657.89 and Polycab (Polycab) 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 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 positive
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 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 to mid 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 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 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 but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Polycab 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 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 6657.89 and Polycab (Polycab) 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 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 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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