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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 2024-03-04 View latest technical analysis

10 day averaged volume of Power Mech is 59864

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	5168.20	5176.25	5222.10	5061.00	0.486 times
02 Sat Mar 2024	5126.10	5130.00	5200.00	5110.00	0.047 times
01 Fri Mar 2024	5124.55	5149.00	5199.00	5094.00	0.352 times
29 Thu Feb 2024	5116.50	5090.00	5221.40	4981.10	2.197 times
28 Wed Feb 2024	5064.90	5300.00	5477.85	5025.00	1.704 times
27 Tue Feb 2024	5222.45	5350.00	5398.00	5185.00	1.993 times
26 Mon Feb 2024	5207.35	5199.95	5290.00	5108.85	0.661 times
23 Fri Feb 2024	5155.35	5149.00	5189.60	5090.00	0.562 times
22 Thu Feb 2024	5105.50	5131.00	5152.50	4967.85	0.839 times
21 Wed Feb 2024	5101.65	5201.00	5340.00	5076.55	1.031 times

My analysis of stock is bearish for shortterm, and stock might move down till 5122.4 or till 5025.7. Use a stoploss of 5203 and if the stock hits stoploss, then it can shoot up till 5283.59

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	3364.95
Downside Target	3915.10
Downside Target	4230.05
Downside Target	4468.80
Downside Target	4967.85
Upside Target	5222.10
Upside Target	5425.00
Upside Target	5441.35
Upside Target	5477.85
Upside Target	5530.00
Upside Target	5550.00

Intraday share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Intraday Target	5078.77
Downside Intraday Target	4989.33
Upside Intraday Target	5239.87
Upside Intraday Target	5311.53
Downside Intraday Target	5150.43

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	5168.20	5176.25	5222.10	5061.00	0.07 times
02 Sat Mar 2024	5126.10	5199.95	5477.85	4981.10	2.108 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

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
04 Mon Mar 2024	5168.20	5149.00	5222.10	5061.00	0.048 times
29 Thu Feb 2024	5116.50	5384.00	5550.00	4967.85	0.775 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

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 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 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 Mech ( (POWERMECH) ) based on a short to mid 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 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 SELL. 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 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 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 5137.67 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 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.