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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 2024-10-25 View latest technical analysis

10 day averaged volume of Power Mech is 63039

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	2761.95	2865.00	2888.80	2724.95	1.474 times
24 Thu Oct 2024	2880.35	2900.70	2950.35	2863.25	0.692 times
23 Wed Oct 2024	2900.35	2910.00	2999.00	2869.40	0.907 times
22 Tue Oct 2024	2937.90	3075.00	3101.00	2901.65	1.907 times
21 Mon Oct 2024	3093.75	3150.00	3167.45	3072.30	1.1 times
18 Fri Oct 2024	3178.85	3185.00	3201.60	3093.00	0.995 times
17 Thu Oct 2024	3233.35	3303.45	3310.00	3210.00	1.109 times
16 Wed Oct 2024	3355.50	3314.00	3398.00	3291.55	1.03 times
15 Tue Oct 2024	3298.40	3118.45	3324.80	3115.00	1.32 times
14 Mon Oct 2024	3106.50	3139.35	3174.90	3082.20	0.526 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2530.9 as stoploss in an intra day buy trade for a target of 4107.55. However, stock will show a bearish move below 2530.9.

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	2724.95
Upside Target	3024.35
Upside Target	3167.45
Upside Target	3398.00
Upside Target	4347.75
Upside Target	4830.00
Upside Target	5360.00
Upside Target	6136.00
Upside Target	6497.85
Upside Target	6755.70
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	2602.12
Downside Intraday Target	2442.28
Upside Intraday Target	3044.62
Upside Intraday Target	3327.28
Upside Intraday Target	2884.78

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	2761.95	3150.00	3167.45	2724.95	1.221 times
18 Fri Oct 2024	3178.85	3139.35	3398.00	3082.20	0.808 times
11 Fri Oct 2024	3108.40	6337.25	6497.85	3024.35	1.836 times
04 Fri Oct 2024	6243.50	6746.90	6771.95	6173.25	0.774 times
27 Fri Sep 2024	6700.10	6629.00	6834.95	6568.75	1.424 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
25 Fri Oct 2024	2761.95	6720.00	6755.70	2724.95	1.198 times
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

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 gaining 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Power Mech in short term and SELL signal is strong!

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 3064.49 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.