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 2024-06-06 View latest technical analysis

10 day averaged volume of Power Instrument is 28422

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	69.60	72.95	72.95	68.60	0.778 times
05 Wed Jun 2024	70.40	65.15	71.75	65.15	0.613 times
04 Tue Jun 2024	68.45	75.65	75.65	68.45	3.604 times
03 Mon Jun 2024	72.05	72.05	72.05	72.05	1.744 times
31 Fri May 2024	68.65	70.90	70.90	68.65	1.778 times
30 Thu May 2024	69.55	69.80	71.00	69.55	0.669 times
29 Wed May 2024	70.95	70.95	71.20	70.95	1.089 times
28 Tue May 2024	72.40	72.40	72.40	72.40	0.051 times
27 Mon May 2024	73.85	73.85	73.85	73.85	0.089 times
24 Fri May 2024	75.35	75.35	75.35	75.35	0.139 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 70.1, but if it comes above 70.1, then a intra day buy could be more profitable.
If you take a sell trade below 70.1, then use 70.1 as stoploss and 66 as target. However if you take a buy trade in stock , then use 70.1 as stoploss and 73.44 as target.

Share price targets for Power Instrument (PIGL_BE)

Target Type	Value
Downside Target	55.05
Downside Target	61.30
Downside Target	65.15
Downside Target	68.65
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	64.62
Downside Intraday Target	59.63
Upside Intraday Target	75.12
Upside Intraday Target	80.63
Upside Intraday Target	70.13

Weekly technical analysis of Power Instrument (PIGL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	69.60	72.05	75.65	65.15	1.833 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 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
06 Thu Jun 2024	69.60	72.05	75.65	65.15	0.353 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 buy signal for Power Instrument in short term but BUY signal is weak.

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

MRSI is in negative zone. This is the SELL 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 69.76 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.