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(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 2024-05-27 View latest technical analysis

10 day averaged volume of Power Instrument is 20145

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	73.85	73.85	73.85	73.85	0.126 times
24 Fri May 2024	75.35	75.35	75.35	75.35	0.196 times
23 Thu May 2024	76.85	76.85	76.85	76.85	0.317 times
22 Wed May 2024	78.40	79.05	79.05	78.40	0.234 times
21 Tue May 2024	80.00	80.10	80.10	80.00	1.801 times
18 Sat May 2024	78.55	78.55	78.55	78.55	0.04 times
17 Fri May 2024	77.10	76.85	77.10	76.50	3.071 times
16 Thu May 2024	75.60	75.60	75.60	75.60	1.807 times
15 Wed May 2024	74.15	74.20	74.20	74.15	1.153 times
14 Tue May 2024	72.75	70.35	72.75	70.35	0.658 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 72.9 as stoploss in an intra day buy trade for a target of 75.06. However, stock will show a bearish move below 72.9.

Share price targets for Power Instrument (PIGL_BE)

Target Type	Value
Downside Target	40.25
Downside Target	46.05
Downside Target	55.05
Downside Target	61.30
Downside Target	69.90
Downside Target	72.80
Upside Target	77.00
Upside Target	77.25
Upside Target	78.55
Upside Target	78.90
Upside Target	80.10
Upside Target	84.70

Intraday share price targets for Power Instrument (PIGL_BE)

Target Type	Value
Downside Intraday Target	73.85
Downside Intraday Target	73.85
Downside Intraday Target	73.85
Downside Intraday Target	73.85
Downside Intraday Target	73.85

Weekly technical analysis of Power Instrument (PIGL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	73.85	73.85	73.85	73.85	0.049 times
24 Fri May 2024	75.35	80.10	80.10	75.35	0.342 times
18 Sat May 2024	78.55	71.35	78.55	70.35	0.951 times
10 Fri May 2024	72.80	72.85	77.00	72.80	1.189 times
03 Fri May 2024	74.30	72.90	77.25	72.90	0.641 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 Power Instrument (PIGL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Mon May 2024	73.85	75.80	80.10	70.35	0.765 times
30 Tue Apr 2024	74.35	67.35	78.90	61.30	1.572 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

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 Power Instrument (PIGL_BE)

Price action analysis of Power Instrument ( (PIGL_BE) ) 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 Power Instrument ( (PIGL_BE) ) based on a short to mid 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 Power Instrument ( (PIGL_BE) ) 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 Power Instrument stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Power Instrument in short term but the sell signal is initial and weak.

Power Instrument 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 Power Instrument in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 Power Instrument is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 76.65 and Power Instrument (PIGL_BE) 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 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.