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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 2024-04-04 View latest technical analysis

10 day averaged volume of Power Mech is 28323

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	5299.65	5270.05	5336.95	5213.30	0.816 times
03 Wed Apr 2024	5259.90	5297.10	5413.20	5235.40	1.099 times
02 Tue Apr 2024	5317.50	5264.75	5339.00	5250.00	1.155 times
01 Mon Apr 2024	5264.55	5059.00	5275.00	5025.85	1.386 times
28 Thu Mar 2024	5010.50	4900.00	5065.00	4900.00	1.059 times
27 Wed Mar 2024	4900.35	4789.00	4927.80	4758.05	1.013 times
26 Tue Mar 2024	4765.80	4764.45	4800.00	4679.95	0.833 times
22 Fri Mar 2024	4764.45	4720.00	4792.15	4670.05	0.878 times
21 Thu Mar 2024	4703.05	4517.00	4728.90	4517.00	1.018 times
20 Wed Mar 2024	4463.35	4566.00	4583.85	4405.00	0.868 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 5138, but if it comes below 5138, then a intra day sell could be more profitable.
If you take a sell trade below 5138, then use 5138 as stoploss and 4884.45 as target. However if you take a buy trade in stock , then use 5138 as stoploss and 5442.4 as target.

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	3915.10
Downside Target	4261.00
Downside Target	4405.00
Downside Target	4679.95
Downside Target	4792.15
Downside Target	4967.85
Downside Target	5065.00
Downside Target	5249.90
Upside Target	5413.20
Upside Target	5441.35
Upside Target	5550.00

Intraday share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Intraday Target	5079.27
Downside Intraday Target	4858.88
Upside Intraday Target	5466.62
Upside Intraday Target	5633.58
Downside Intraday Target	5246.23

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	5299.65	5059.00	5413.20	5025.85	1.534 times
28 Thu Mar 2024	5010.50	4764.45	5065.00	4679.95	0.641 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Power Mech (POWERMECH)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	5299.65	5059.00	5413.20	5025.85	0.178 times
28 Thu Mar 2024	5010.50	5149.00	5249.90	4405.00	0.641 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

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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Power Mech in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Power Mech in short term but SELL signal is weak.

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 5000.35 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.