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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 2024-07-11 View latest technical analysis

10 day averaged volume of Power Instrument is 23277

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	74.00	75.02	75.02	73.00	0.401 times
10 Wed Jul 2024	73.55	74.00	74.00	72.56	0.384 times
09 Tue Jul 2024	74.00	76.04	76.04	74.00	0.359 times
08 Mon Jul 2024	74.55	77.00	77.00	74.26	1.669 times
05 Fri Jul 2024	75.78	75.78	75.78	75.78	1.245 times
04 Thu Jul 2024	74.30	74.30	74.30	72.25	0.95 times
03 Wed Jul 2024	72.85	71.70	72.85	71.70	0.898 times
02 Tue Jul 2024	72.99	73.51	73.51	72.99	1.954 times
01 Mon Jul 2024	74.48	75.00	75.00	74.48	1.058 times
28 Fri Jun 2024	76.01	78.00	78.80	76.01	0.921 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 73.6 as stoploss in an intra day buy trade for a target of 77.81. However, stock will show a bearish move below 73.6.

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
Downside Target	70.45
Upside Target	75.25
Upside Target	78.90
Upside Target	80.10
Upside Target	80.41
Upside Target	80.49
Upside Target	85.56
Upside Target	86.38

Intraday share price targets for Power Instrument (PIGL_BE)

Target Type	Value
Downside Intraday Target	72.04
Downside Intraday Target	70.08
Upside Intraday Target	76.48
Upside Intraday Target	78.96
Upside Intraday Target	74.52

Weekly technical analysis of Power Instrument (PIGL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	74.00	77.00	77.00	72.56	0.461 times
05 Fri Jul 2024	75.78	75.00	75.78	71.70	1.488 times
28 Fri Jun 2024	76.01	78.88	80.41	75.75	0.834 times
21 Fri Jun 2024	80.49	83.89	85.56	80.49	0.197 times
14 Fri Jun 2024	83.89	72.90	86.38	70.45	2.682 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
11 Thu Jul 2024	74.00	75.00	77.00	71.70	0.206 times
28 Fri Jun 2024	76.01	72.05	86.38	65.15	1.862 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

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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.

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 moving up

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 but buying is losing 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 74.26 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.