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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 2024-04-10 View latest technical analysis

10 day averaged volume of Power Mech is 28276

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	5103.70	5199.95	5199.95	5075.00	0.538 times
09 Tue Apr 2024	5171.80	5163.00	5250.00	5139.80	0.672 times
08 Mon Apr 2024	5162.55	5250.00	5260.40	5122.55	0.919 times
05 Fri Apr 2024	5202.70	5246.65	5325.00	5133.05	1.036 times
04 Thu Apr 2024	5299.65	5270.05	5336.95	5213.30	0.817 times
03 Wed Apr 2024	5259.90	5297.10	5413.20	5235.40	1.101 times
02 Tue Apr 2024	5317.50	5264.75	5339.00	5250.00	1.157 times
01 Mon Apr 2024	5264.55	5059.00	5275.00	5025.85	1.388 times
28 Thu Mar 2024	5010.50	4900.00	5065.00	4900.00	1.061 times
27 Wed Mar 2024	4900.35	4789.00	4927.80	4758.05	1.015 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 5196.3 as stoploss in an intra day sell trade for a target of 4923.49. However, stock will show a bullish move above 5196.3.

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	5075.00
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	5032.33
Downside Intraday Target	4960.97
Upside Intraday Target	5217.73
Upside Intraday Target	5331.77
Upside Intraday Target	5146.37

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	5103.70	5250.00	5260.40	5075.00	0.387 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
10 Wed Apr 2024	5103.70	5059.00	5413.20	5025.85	0.304 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 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Power Mech in short term and the buy signal is strong.

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. 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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 5175.83 and Power Mech (POWERMECH) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.