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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 2024-06-04 View latest technical analysis

10 day averaged volume of Power Instrument is 20534

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	68.45	75.65	75.65	68.45	4.989 times
03 Mon Jun 2024	72.05	72.05	72.05	72.05	2.414 times
31 Fri May 2024	68.65	70.90	70.90	68.65	2.461 times
30 Thu May 2024	69.55	69.80	71.00	69.55	0.926 times
29 Wed May 2024	70.95	70.95	71.20	70.95	1.507 times
28 Tue May 2024	72.40	72.40	72.40	72.40	0.071 times
27 Mon May 2024	73.85	73.85	73.85	73.85	0.123 times
24 Fri May 2024	75.35	75.35	75.35	75.35	0.192 times
23 Thu May 2024	76.85	76.85	76.85	76.85	0.311 times
22 Wed May 2024	78.40	79.05	79.05	78.40	0.229 times

Stock of Power Instrument (PIGL_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 70.7, but if it comes above 70.7, then a intra day buy could be more profitable.
If you take a sell trade below 70.7, then use 70.7 as stoploss and 66.9 as target. However if you take a buy trade in stock , then use 70.7 as stoploss and 73.94 as target.

Share price targets for Power Instrument (PIGL_BE)

Target Type	Value
Downside Target	55.05
Downside Target	61.30
Downside Target	68.45
Upside Target	72.80
Upside Target	75.65
Upside Target	77.00
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	66.05
Downside Intraday Target	63.65
Upside Intraday Target	73.25
Upside Intraday Target	78.05
Upside Intraday Target	70.85

Weekly technical analysis of Power Instrument (PIGL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	68.45	72.05	75.65	68.45	1.455 times
31 Fri May 2024	68.65	73.85	73.85	68.65	2.036 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

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
04 Tue Jun 2024	68.45	72.05	75.65	68.45	0.28 times
31 Fri May 2024	68.65	75.80	80.10	68.65	0.942 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

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 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 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 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 Power Instrument stock for short term is BUY. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 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 70.05 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.