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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 2024-06-07 View latest technical analysis

10 day averaged volume of Power Instrument is 29995

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	70.45	70.00	72.00	68.00	0.852 times
06 Thu Jun 2024	69.60	72.95	72.95	68.60	0.737 times
05 Wed Jun 2024	70.40	65.15	71.75	65.15	0.581 times
04 Tue Jun 2024	68.45	75.65	75.65	68.45	3.415 times
03 Mon Jun 2024	72.05	72.05	72.05	72.05	1.652 times
31 Fri May 2024	68.65	70.90	70.90	68.65	1.685 times
30 Thu May 2024	69.55	69.80	71.00	69.55	0.634 times
29 Wed May 2024	70.95	70.95	71.20	70.95	1.032 times
28 Tue May 2024	72.40	72.40	72.40	72.40	0.049 times
27 Mon May 2024	73.85	73.85	73.85	73.85	0.084 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 69.9 as stoploss in an intra day buy trade for a target of 73.32. However, stock will show a bearish move below 69.9.

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	65.18
Downside Intraday Target	59.92
Upside Intraday Target	75.68
Upside Intraday Target	80.92
Downside Intraday Target	70.42

Weekly technical analysis of Power Instrument (PIGL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	70.45	72.05	75.65	65.15	2.078 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
07 Fri Jun 2024	70.45	72.05	75.65	65.15	0.4 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 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 gaining 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. 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 moving up

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 69.75 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 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.