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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 2024-03-26 View latest technical analysis

10 day averaged volume of Power Mech is 38479

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	4765.80	4764.45	4800.00	4679.95	0.613 times
22 Fri Mar 2024	4764.45	4720.00	4792.15	4670.05	0.646 times
21 Thu Mar 2024	4703.05	4517.00	4728.90	4517.00	0.75 times
20 Wed Mar 2024	4463.35	4566.00	4583.85	4405.00	0.639 times
19 Tue Mar 2024	4523.95	4665.00	4714.85	4510.00	0.508 times
18 Mon Mar 2024	4658.40	4735.00	4777.85	4585.00	0.794 times
15 Fri Mar 2024	4735.20	4769.30	4819.15	4632.30	0.943 times
14 Thu Mar 2024	4769.30	4665.00	4800.00	4547.20	1.263 times
13 Wed Mar 2024	4591.85	4751.00	4821.90	4484.70	1.687 times
12 Tue Mar 2024	4801.30	4820.00	4834.20	4650.10	1.386 times

My analysis of stock is bearish for shortterm, and stock might move down till 4647.2 or till 4376.3. Use a stoploss of 4872.96 and if the stock hits stoploss, then it can shoot up till 5098.72

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	3364.95
Downside Target	3915.10
Downside Target	4230.05
Downside Target	4405.00
Downside Target	4679.95
Upside Target	4792.15
Upside Target	4967.85
Upside Target	5025.00
Upside Target	5249.90
Upside Target	5441.35
Upside Target	5477.85
Upside Target	5550.00

Intraday share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Intraday Target	4697.17
Downside Intraday Target	4628.53
Upside Intraday Target	4817.22
Upside Intraday Target	4868.63
Downside Intraday Target	4748.58

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	4765.80	4764.45	4800.00	4679.95	0.184 times
22 Fri Mar 2024	4764.45	4735.00	4792.15	4405.00	0.501 times
15 Fri Mar 2024	4735.20	5001.00	5025.00	4484.70	1.171 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

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
26 Tue Mar 2024	4765.80	5149.00	5249.90	4405.00	0.588 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.

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

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 stronger in this stock.

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 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

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 4688.02 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 negative.

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