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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 2024-09-30 View latest technical analysis

10 day averaged volume of Power Mech is 46535

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	6710.05	6746.90	6771.95	6678.00	0.854 times
27 Fri Sep 2024	6700.10	6654.00	6770.00	6585.00	0.906 times
26 Thu Sep 2024	6631.35	6676.00	6699.00	6580.00	1.122 times
25 Wed Sep 2024	6620.95	6669.00	6724.40	6576.85	0.728 times
24 Tue Sep 2024	6652.20	6760.00	6834.95	6621.00	1.632 times
23 Mon Sep 2024	6690.80	6629.00	6769.70	6568.75	1.488 times
20 Fri Sep 2024	6541.65	6499.90	6589.70	6401.10	0.659 times
19 Thu Sep 2024	6424.50	6535.00	6644.00	6295.55	1.848 times
18 Wed Sep 2024	6473.10	6640.00	6661.10	6451.30	0.479 times
17 Tue Sep 2024	6628.30	6679.00	6699.00	6598.20	0.549 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6674.4, but if it comes below 6674.4, then a intra day sell could be more profitable.
If you take a sell trade below 6674.4, then use 6674.4 as stoploss and 6539.65 as target. However if you take a buy trade in stock , then use 6674.4 as stoploss and 6836.1 as target.

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	4347.75
Downside Target	4601.00
Downside Target	4830.00
Downside Target	5280.00
Downside Target	6136.00
Downside Target	6501.00
Downside Target	6678.00
Downside Target	6699.00
Upside Target	6771.95
Upside Target	6834.95
Upside Target	6849.95
Upside Target	7450.00

Intraday share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Intraday Target	6668.05
Downside Intraday Target	6626.05
Upside Intraday Target	6762
Upside Intraday Target	6813.95
Upside Intraday Target	6720

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	6710.05	6746.90	6771.95	6678.00	0.145 times
27 Fri Sep 2024	6700.10	6629.00	6834.95	6568.75	1.424 times
20 Fri Sep 2024	6541.65	6659.00	6699.00	6295.55	0.722 times
13 Fri Sep 2024	6614.25	6291.00	6660.00	6136.00	0.954 times
06 Fri Sep 2024	6291.05	6849.95	6849.95	6205.00	0.346 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
30 Mon Sep 2024	6710.05	6849.95	6849.95	6136.00	0.331 times
30 Fri Aug 2024	6778.80	6259.90	7450.00	5360.00	1.502 times
31 Wed Jul 2024	6197.00	4921.00	6501.00	4830.00	1.673 times
28 Fri Jun 2024	4944.45	5004.95	5380.00	4347.75	1.729 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 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 gaining momentum.

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

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

Power Mech Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 6604.61 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.