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(POWERMECH) Power Mech complete technical analysis [charts+indicators] | Buy/Sell Power Mech | (POWERMECH) share price targets

Complete technical analysis of Power Mech (POWERMECH) by charts plus indicators, forecast predictions and share price targets for Power Mech (POWERMECH)

10 day averaged volume of Power Mech is 32519

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue May 2024	4914.20	4785.20	4949.00	4785.20	0.373 times
13 Mon May 2024	4783.60	4781.00	4801.90	4663.55	0.433 times
10 Fri May 2024	4762.15	4747.50	4817.00	4660.40	0.425 times
09 Thu May 2024	4747.50	4999.50	5035.00	4718.90	1.255 times
08 Wed May 2024	5002.30	4984.55	5020.00	4904.05	0.653 times
07 Tue May 2024	4984.55	4939.95	5037.55	4850.00	1.523 times
06 Mon May 2024	4947.85	4963.60	4975.60	4788.60	1.135 times
03 Fri May 2024	4953.10	5125.00	5192.30	4931.10	1.825 times
02 Thu May 2024	5108.00	5280.00	5280.00	5064.10	1.443 times
30 Tue Apr 2024	5243.90	5203.05	5345.00	5203.05	0.685 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 4879.8 as stoploss in an intra day buy trade for a target of 5057.89. However, stock will show a bearish move below 4879.8.

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	4261.00
Downside Target	4405.00
Downside Target	4660.40
Upside Target	4928.50
Upside Target	5111.00
Upside Target	5249.90
Upside Target	5280.00
Upside Target	5345.00
Upside Target	5441.35
Upside Target	5482.80
Upside Target	5550.00

Intraday share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Intraday Target	4735.5
Downside Intraday Target	4556.8
Upside Intraday Target	5020.95
Upside Intraday Target	5127.7
Downside Intraday Target	4842.25

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue May 2024	4914.20	4781.00	4949.00	4663.55	0.162 times
10 Fri May 2024	4762.15	4963.60	5037.55	4660.40	1.091 times
03 Fri May 2024	4953.10	5334.95	5345.00	4931.10	0.777 times
26 Fri Apr 2024	5279.40	5053.90	5482.80	5053.90	1.702 times
19 Fri Apr 2024	5021.60	5000.00	5111.00	4928.50	1.489 times

Price has moved up 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 Mech (POWERMECH)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Tue May 2024	4914.20	5280.00	5280.00	4660.40	0.51 times
30 Tue Apr 2024	5243.90	5059.00	5482.80	4928.50	0.814 times
28 Thu Mar 2024	5010.50	5149.00	5249.90	4405.00	0.641 times
29 Thu Feb 2024	5116.50	5384.00	5550.00	4967.85	0.775 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 Mech (POWERMECH)

Price action analysis of Power Mech ( (POWERMECH) ) 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 Mech ( (POWERMECH) ) 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 Mech ( (POWERMECH) ) 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 Mech stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Power Mech in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Power Mech 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 moving up

CCI has generated a buy signal for Power Mech in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Power Mech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4960.24 and Power Mech (POWERMECH) 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 Mech (POWERMECH) stock. Volume based technical analysis of Power Mech (POWERMECH) stock is negative.

Power Mech 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.