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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 2024-11-01 View latest technical analysis

10 day averaged volume of Power Mech is 63011

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	3046.80	3147.95	3147.95	3004.95	0.412 times
31 Thu Oct 2024	2954.45	2846.40	2980.00	2828.05	0.892 times
30 Wed Oct 2024	2846.40	2801.95	2913.40	2793.15	0.85 times
29 Tue Oct 2024	2778.85	2810.70	2850.00	2704.10	0.578 times
28 Mon Oct 2024	2778.35	2791.95	2815.00	2710.55	0.601 times
25 Fri Oct 2024	2761.95	2865.00	2888.80	2724.95	1.475 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	1.908 times
21 Mon Oct 2024	3093.75	3150.00	3167.45	3072.30	1.1 times

My analysis of stock is bearish for shortterm, and stock might move down till 2470.9 or till 1608.5. Use a stoploss of 3189.45 and if the stock hits stoploss, then it can shoot up till 3908.04

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	2704.10
Downside Target	3004.95
Upside Target	3147.95
Upside Target	3398.00
Upside Target	4830.00
Upside Target	5360.00
Upside Target	6136.00
Upside Target	6497.85
Upside Target	6501.00
Upside Target	6755.70
Upside Target	6771.95
Upside Target	6849.95
Upside Target	7450.00

Intraday share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Intraday Target	2784.62
Downside Intraday Target	2522.43
Upside Intraday Target	3228.47
Upside Intraday Target	3410.13
Downside Intraday Target	2966.28

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	3046.80	2791.95	3147.95	2704.10	0.548 times
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

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
01 Fri Nov 2024	3046.80	3147.95	3147.95	3004.95	0.018 times
31 Thu Oct 2024	2954.45	6720.00	6755.70	2704.10	1.374 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

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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 BUY signal for Power Mech in short term but the buy 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 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 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 but selling is losing 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 2898.83 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.