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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 2024-05-29 View latest technical analysis

10 day averaged volume of Power Instrument is 17760

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	70.95	70.95	71.20	70.95	1.743 times
28 Tue May 2024	72.40	72.40	72.40	72.40	0.082 times
27 Mon May 2024	73.85	73.85	73.85	73.85	0.142 times
24 Fri May 2024	75.35	75.35	75.35	75.35	0.222 times
23 Thu May 2024	76.85	76.85	76.85	76.85	0.359 times
22 Wed May 2024	78.40	79.05	79.05	78.40	0.265 times
21 Tue May 2024	80.00	80.10	80.10	80.00	2.043 times
18 Sat May 2024	78.55	78.55	78.55	78.55	0.046 times
17 Fri May 2024	77.10	76.85	77.10	76.50	3.483 times
16 Thu May 2024	75.60	75.60	75.60	75.60	2.05 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 72.5, but if it comes above 72.5, then a intra day buy could be more profitable.
If you take a sell trade below 72.5, then use 72.5 as stoploss and 69.6 as target. However if you take a buy trade in stock , then use 72.5 as stoploss and 74.87 as target.

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
Upside 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	69.98
Downside Intraday Target	69.02
Upside Intraday Target	72.88
Upside Intraday Target	74.82
Upside Intraday Target	71.92

Weekly technical analysis of Power Instrument (PIGL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	70.95	73.85	73.85	70.95	0.681 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
29 Wed May 2024	70.95	75.80	80.10	70.35	0.821 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 neutral. A longer time frame might give a better analysis.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining momentum.

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

Power Instrument 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 Power Instrument in short term and SELL 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

Although the stock is in the BUY zone, but buying 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 76.26 and Power Instrument (PIGL_BE) 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 Power Instrument (PIGL_BE) stock. Volume based technical analysis of Power Instrument (PIGL_BE) stock is negative.

Power Instrument 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.