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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)

10 day averaged volume of Power Mech is 52077

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	6243.50	6392.00	6489.80	6173.25	1.555 times
03 Thu Oct 2024	6391.95	6685.00	6699.00	6308.95	1.111 times
01 Tue Oct 2024	6721.40	6720.00	6755.70	6660.00	0.635 times
30 Mon Sep 2024	6710.05	6746.90	6771.95	6678.00	0.763 times
27 Fri Sep 2024	6700.10	6654.00	6770.00	6585.00	0.809 times
26 Thu Sep 2024	6631.35	6676.00	6699.00	6580.00	1.002 times
25 Wed Sep 2024	6620.95	6669.00	6724.40	6576.85	0.65 times
24 Tue Sep 2024	6652.20	6760.00	6834.95	6621.00	1.459 times
23 Mon Sep 2024	6690.80	6629.00	6769.70	6568.75	1.329 times
20 Fri Sep 2024	6541.65	6499.90	6589.70	6401.10	0.589 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 6182.5, for a target of 6372 or 6529.89

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	4347.75
Downside Target	4830.00
Downside Target	5360.00
Downside Target	6136.00
Upside Target	6501.00
Upside Target	6699.00
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	6020.52
Downside Intraday Target	5797.53
Upside Intraday Target	6619.22
Upside Intraday Target	6994.93
Upside Intraday Target	6396.23

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
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
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 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
04 Fri Oct 2024	6243.50	6720.00	6755.70	6173.25	0.164 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 but the sell signal is initial and weak.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up 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 6566.09 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.