(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 2024-12-23 View latest technical analysis
10 day averaged volume of Polycab is 5708
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon Dec 2024 | 7116.65 | 7160.40 | 7266.10 | 7083.00 | 1.659 times |
| 20 Fri Dec 2024 | 7180.70 | 7500.05 | 7590.40 | 7151.00 | 1.05 times |
| 19 Thu Dec 2024 | 7487.45 | 7399.65 | 7510.00 | 7296.40 | 1.091 times |
| 18 Wed Dec 2024 | 7408.85 | 7480.00 | 7490.00 | 7380.00 | 0.665 times |
| 17 Tue Dec 2024 | 7474.35 | 7527.75 | 7547.70 | 7450.85 | 1.098 times |
| 16 Mon Dec 2024 | 7543.10 | 7521.75 | 7595.50 | 7508.15 | 0.42 times |
| 13 Fri Dec 2024 | 7521.75 | 7450.05 | 7563.20 | 7405.00 | 0.597 times |
| 12 Thu Dec 2024 | 7484.45 | 7443.95 | 7525.05 | 7390.15 | 0.633 times |
| 11 Wed Dec 2024 | 7397.75 | 7441.40 | 7450.55 | 7385.70 | 0.494 times |
| 10 Tue Dec 2024 | 7440.75 | 7438.20 | 7466.55 | 7370.80 | 1.418 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7157.9, but if it comes above 7157.9, then a intra day buy could be more profitable.
If you take a sell trade below 7157.9, then use 7157.9 as stoploss and 6952.4 as target. However if you take a buy trade in stock , then use 7157.9 as stoploss and 7329.23 as target.
Share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Target | 6258.85 |
| Downside Target | 6703.50 |
| Downside Target | 6909.20 |
| Downside Target | 7083.00 |
| Upside Target | 7292.45 |
| Upside Target | 7317.65 |
| Upside Target | 7478.40 |
| Upside Target | 7563.20 |
| Upside Target | 7595.50 |
| Upside Target | 7607.15 |
Intraday share price targets for Polycab (Polycab)
| Target Type | Value |
| Downside Intraday Target | 7044.4 |
| Downside Intraday Target | 6972.15 |
| Upside Intraday Target | 7227.5 |
| Upside Intraday Target | 7338.35 |
| Upside Intraday Target | 7155.25 |
Weekly technical analysis of Polycab (Polycab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon Dec 2024 | 7116.65 | 7160.40 | 7266.10 | 7083.00 | 0.384 times |
| 20 Fri Dec 2024 | 7180.70 | 7521.75 | 7595.50 | 7151.00 | 0.761 times |
| 13 Fri Dec 2024 | 7521.75 | 7310.05 | 7563.20 | 7292.45 | 1.177 times |
| 06 Fri Dec 2024 | 7319.40 | 7281.05 | 7478.40 | 7275.00 | 0.433 times |
| 29 Fri Nov 2024 | 7297.45 | 6839.65 | 7317.65 | 6703.50 | 1.835 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 |
| 23 Mon Dec 2024 | 7116.65 | 7281.05 | 7595.50 | 7083.00 | 0.418 times |
| 29 Fri Nov 2024 | 7297.45 | 6490.05 | 7317.65 | 6258.85 | 0.432 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 |
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 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Polycab ( (Polycab) ) based on a mid to longer 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.
ADX buy sell signal for Polycab stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Polycab in short term but the sell signal is initial and weak.
Polycab 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 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 but selling is losing 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 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 7369.94 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 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Polycab ( (Polycab) ) based on a mid to longer 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.
ADX buy sell signal for Polycab stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Polycab in short term but the sell signal is initial and weak.
Polycab 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 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 but selling is losing 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 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 7369.94 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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