Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2024-04-24 View latest technical analysis

10 day averaged volume of Power Instrument is 26052

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	75.35	75.75	76.05	74.15	3.153 times
23 Tue Apr 2024	72.45	72.45	72.45	71.00	3.121 times
22 Mon Apr 2024	69.00	65.90	69.00	65.90	1.024 times
19 Fri Apr 2024	65.75	62.95	66.05	62.95	0.724 times
18 Thu Apr 2024	62.95	61.30	64.15	61.30	0.396 times
16 Tue Apr 2024	63.55	63.50	64.40	62.00	1.581 times
15 Mon Apr 2024	63.50	63.10	67.30	62.30	1.26 times
12 Fri Apr 2024	65.50	63.35	65.50	63.20	0.539 times
10 Wed Apr 2024	65.75	68.00	68.00	65.25	0.7 times
09 Tue Apr 2024	67.65	66.20	69.00	66.00	0.193 times

Stock of Power Instrument (PIGL_BE) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 73.8, for a target of 69.9 or 66.61

Share price targets for Power Instrument (PIGL_BE)

Target Type	Value
Downside Target	39.05
Downside Target	40.25
Downside Target	42.60
Downside Target	46.05
Downside Target	55.05
Downside Target	59.55
Downside Target	61.30
Downside Target	63.20
Downside Target	65.00
Downside Target	67.30
Downside Target	69.05
Downside Target	75.25
Upside Target	76.05
Upside Target	84.70

Intraday share price targets for Power Instrument (PIGL_BE)

Target Type	Value
Downside Intraday Target	68.82
Downside Intraday Target	62.28
Upside Intraday Target	78.97
Upside Intraday Target	82.58
Downside Intraday Target	72.43

Weekly technical analysis of Power Instrument (PIGL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	75.35	65.90	76.05	65.90	1.842 times
19 Fri Apr 2024	65.75	63.10	67.30	61.30	2.093 times
12 Fri Apr 2024	65.50	66.90	69.05	63.20	0.305 times
05 Fri Apr 2024	66.90	67.35	70.00	65.00	2.118 times
28 Thu Mar 2024	67.00	59.55	67.30	59.55	0.847 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Power Instrument (PIGL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	75.35	67.35	76.05	61.30	1.376 times
28 Thu Mar 2024	67.00	71.30	75.25	55.05	1.287 times
29 Thu Feb 2024	71.30	75.55	84.70	69.90	2.287 times
08 Fri Dec 2023	45.25	41.35	46.05	40.25	1.433 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 Power Instrument (PIGL_BE)

Price action analysis of Power Instrument ( (PIGL_BE) ) 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 Power Instrument ( (PIGL_BE) ) 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 Power Instrument ( (PIGL_BE) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Power Instrument stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Power Instrument in short term and the buy signal is strong.

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

Power Instrument Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Power Instrument in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Power Instrument is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 69.48 and Power Instrument (PIGL_BE) 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 Power Instrument (PIGL_BE) stock. Volume based technical analysis of Power Instrument (PIGL_BE) stock is negative.

Power Instrument Stock is giving positive 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.