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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 2024-04-24 View latest technical analysis

10 day averaged volume of Power Mech is 29006

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	5244.30	5240.00	5289.60	5215.00	0.41 times
23 Tue Apr 2024	5259.90	5299.00	5340.00	5200.10	0.95 times
22 Mon Apr 2024	5271.95	5053.90	5327.80	5053.90	2.56 times
19 Fri Apr 2024	5021.60	5026.50	5058.55	4950.00	0.464 times
18 Thu Apr 2024	5016.55	5049.95	5111.00	4995.00	1.883 times
16 Tue Apr 2024	5035.50	4994.00	5079.00	4980.00	0.642 times
15 Mon Apr 2024	5010.40	5000.00	5092.30	4928.50	0.894 times
12 Fri Apr 2024	5123.95	5107.25	5149.90	5030.00	0.533 times
10 Wed Apr 2024	5103.70	5199.95	5199.95	5075.00	0.525 times
09 Tue Apr 2024	5171.80	5163.00	5250.00	5139.80	0.655 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 5273.4 as stoploss in an intra day sell trade for a target of 5110.38. However, stock will show a bullish move above 5273.4.

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	4928.50
Upside Target	5249.90
Upside Target	5260.40
Upside Target	5340.00
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	5085.47
Downside Intraday Target	4926.63
Upside Intraday Target	5371.57
Upside Intraday Target	5498.83
Downside Intraday Target	5212.73

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	5244.30	5053.90	5340.00	5053.90	1.01 times
19 Fri Apr 2024	5021.60	5000.00	5111.00	4928.50	1.489 times
12 Fri Apr 2024	5123.95	5250.00	5260.40	5030.00	0.486 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

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
24 Wed Apr 2024	5244.30	5059.00	5413.20	4928.50	0.644 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 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 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 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 stronger in this stock.

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

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 5141.84 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.