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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 2024-03-14 View latest technical analysis

10 day averaged volume of Power Mech is 54597

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	4769.30	4665.00	4800.00	4547.20	0.89 times
13 Wed Mar 2024	4591.85	4751.00	4821.90	4484.70	1.189 times
12 Tue Mar 2024	4801.30	4820.00	4834.20	4650.10	0.977 times
11 Mon Mar 2024	4849.65	5001.00	5025.00	4775.00	0.975 times
07 Thu Mar 2024	4966.25	4872.05	5020.00	4852.55	0.692 times
06 Wed Mar 2024	4897.05	5177.90	5213.70	4843.00	1.686 times
05 Tue Mar 2024	5146.85	5180.00	5249.90	5106.05	1.101 times
04 Mon Mar 2024	5168.20	5176.25	5222.10	5061.00	0.533 times
02 Sat Mar 2024	5126.10	5130.00	5200.00	5110.00	0.052 times
01 Fri Mar 2024	5124.55	5149.00	5199.00	5094.00	0.386 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4876.4, but if it comes above 4876.4, then a intra day buy could be more profitable.
If you take a sell trade below 4876.4, then use 4876.4 as stoploss and 4654.6 as target. However if you take a buy trade in stock , then use 4876.4 as stoploss and 5061.17 as target.

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
Upside Target	4843.00
Upside Target	4967.85
Upside Target	5249.90
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	4494.33
Downside Intraday Target	4219.37
Upside Intraday Target	5034.63
Upside Intraday Target	5299.97
Downside Intraday Target	4759.67

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	4769.30	5001.00	5025.00	4484.70	1.005 times
07 Thu Mar 2024	4966.25	5176.25	5249.90	4843.00	0.526 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

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
14 Thu Mar 2024	4769.30	5149.00	5249.90	4484.70	0.418 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 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 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 Strong and stock is losing momentum.

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

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 red color and prices are below the red 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4891.22 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.