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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 2024-02-27 View latest technical analysis

10 day averaged volume of Power Mech is 48860

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	5222.45	5350.00	5398.00	5185.00	2.442 times
26 Mon Feb 2024	5207.35	5199.95	5290.00	5108.85	0.81 times
23 Fri Feb 2024	5155.35	5149.00	5189.60	5090.00	0.689 times
22 Thu Feb 2024	5105.50	5131.00	5152.50	4967.85	1.027 times
21 Wed Feb 2024	5101.65	5201.00	5340.00	5076.55	1.264 times
20 Tue Feb 2024	5191.50	5339.90	5404.85	5175.85	0.752 times
19 Mon Feb 2024	5306.00	5325.00	5425.00	5283.10	0.31 times
16 Fri Feb 2024	5311.00	5324.00	5365.90	5215.60	1.174 times
15 Thu Feb 2024	5297.50	5300.00	5530.00	5268.95	0.977 times
14 Wed Feb 2024	5225.05	5150.00	5280.00	4980.05	0.892 times

Stock of Power Mech (POWERMECH) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 5171.4 or till 5085.9. Use a stoploss of 5242.57 and if the stock hits stoploss, then it can shoot up till 5313.78

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	4967.85
Downside Target	5105.00
Upside Target	5398.00
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	5088.2
Downside Intraday Target	4953.95
Upside Intraday Target	5377.35
Upside Intraday Target	5532.25
Upside Intraday Target	5243.1

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	5222.45	5199.95	5398.00	5108.85	0.804 times
23 Fri Feb 2024	5155.35	5325.00	5425.00	4967.85	0.668 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

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
27 Tue Feb 2024	5222.45	5384.00	5550.00	4967.85	0.611 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Power Mech ( (POWERMECH) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 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 gaining 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Power Mech in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 5208.03 and Power Mech (POWERMECH) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.