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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 2024-04-08 View latest technical analysis

10 day averaged volume of Power Mech is 29150

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	5162.55	5250.00	5260.40	5122.55	0.891 times
05 Fri Apr 2024	5202.70	5246.65	5325.00	5133.05	1.004 times
04 Thu Apr 2024	5299.65	5270.05	5336.95	5213.30	0.793 times
03 Wed Apr 2024	5259.90	5297.10	5413.20	5235.40	1.068 times
02 Tue Apr 2024	5317.50	5264.75	5339.00	5250.00	1.122 times
01 Mon Apr 2024	5264.55	5059.00	5275.00	5025.85	1.347 times
28 Thu Mar 2024	5010.50	4900.00	5065.00	4900.00	1.029 times
27 Wed Mar 2024	4900.35	4789.00	4927.80	4758.05	0.984 times
26 Tue Mar 2024	4765.80	4764.45	4800.00	4679.95	0.81 times
22 Fri Mar 2024	4764.45	4720.00	4792.15	4670.05	0.853 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 5164.2 as stoploss in an intra day sell trade for a target of 4900.51. However, stock will show a bullish move above 5164.2.

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	5122.55
Upside Target	5249.90
Upside Target	5260.40
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	5103.27
Downside Intraday Target	5043.98
Upside Intraday Target	5241.12
Upside Intraday Target	5319.68
Upside Intraday Target	5181.83

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	5162.55	5250.00	5260.40	5122.55	0.167 times
05 Fri Apr 2024	5202.70	5059.00	5413.20	5025.85	1.889 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

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
08 Mon Apr 2024	5162.55	5059.00	5413.20	5025.85	0.256 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 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 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 coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 5110.92 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.