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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)

Showing technical analysis as on 2024-02-20 View latest technical analysis

10 day averaged volume of Power Mech is 43924

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	5191.50	5339.90	5404.85	5175.85	0.837 times
19 Mon Feb 2024	5306.00	5325.00	5425.00	5283.10	0.345 times
16 Fri Feb 2024	5311.00	5324.00	5365.90	5215.60	1.306 times
15 Thu Feb 2024	5297.50	5300.00	5530.00	5268.95	1.087 times
14 Wed Feb 2024	5225.05	5150.00	5280.00	4980.05	0.992 times
13 Tue Feb 2024	5188.05	5249.00	5428.00	5051.05	2.342 times
12 Mon Feb 2024	5220.35	5340.00	5378.65	5030.15	1.002 times
09 Fri Feb 2024	5329.45	5332.90	5350.00	5105.00	0.576 times
08 Thu Feb 2024	5280.25	5399.25	5399.25	5250.05	0.43 times
07 Wed Feb 2024	5318.35	5399.80	5550.00	5281.75	1.345 times

My analysis of stock is bearish for shortterm, and stock might move down till 5042.2 or till 4852.4. Use a stoploss of 5200.33 and if the stock hits stoploss, then it can shoot up till 5358.47

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	3364.95
Downside Target	3450.00
Downside Target	3915.10
Downside Target	4205.00
Downside Target	4468.80
Downside Target	4711.00
Downside Target	4980.05
Upside Target	5425.00
Upside Target	5441.35
Upside Target	5530.00
Upside Target	5550.00

Intraday share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Intraday Target	5103.23
Downside Intraday Target	5014.97
Upside Intraday Target	5352.38
Upside Intraday Target	5513.27
Upside Intraday Target	5264.12

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	5191.50	5325.00	5425.00	5175.85	0.176 times
16 Fri Feb 2024	5311.00	5340.00	5530.00	4980.05	1.904 times
09 Fri Feb 2024	5329.45	5370.00	5550.00	5105.00	0.38 times
02 Fri Feb 2024	5316.95	5059.95	5441.35	4992.90	2.108 times
25 Thu Jan 2024	4934.45	4850.00	5040.00	4711.00	0.854 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 Mech (POWERMECH)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	5191.50	5384.00	5550.00	4980.05	0.398 times
31 Wed Jan 2024	5330.50	4338.00	5441.35	4261.00	2.093 times
29 Fri Dec 2023	4285.55	4180.00	4468.80	3915.10	0.906 times
30 Thu Nov 2023	4165.25	3569.00	4230.05	3364.95	1.943 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Power Mech ( (POWERMECH) ) based on a short 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.

Price action analysis of Power Mech ( (POWERMECH) ) based on a short to mid 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.

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

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

Power Mech 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. Bulls are getting tired and bears 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 Mech 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

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 5255.15 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.