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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 2024-07-10 View latest technical analysis

10 day averaged volume of Power Mech is 38192

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	5253.25	5189.00	5438.00	4951.10	8.066 times
09 Tue Jul 2024	5122.20	4898.95	5224.00	4898.90	2.785 times
08 Mon Jul 2024	4854.85	4925.00	4925.00	4830.00	1.177 times
05 Fri Jul 2024	4930.35	5028.25	5084.35	4913.55	1.22 times
04 Thu Jul 2024	5028.00	4950.00	5067.00	4900.00	0.723 times
03 Wed Jul 2024	4914.75	4945.00	4990.00	4872.00	0.999 times
02 Tue Jul 2024	4921.70	4980.00	4982.00	4880.00	0.768 times
01 Mon Jul 2024	4920.15	4921.00	4999.00	4890.00	0.52 times
28 Fri Jun 2024	4944.45	4988.00	5015.00	4911.00	0.625 times
27 Thu Jun 2024	4981.70	5000.10	5010.00	4929.95	0.576 times

Stock of Power Mech (POWERMECH) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 5226.7, for a target of 5108.8 or 5010.6

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	4347.75
Downside Target	4601.00
Downside Target	4730.05
Downside Target	4830.00
Downside Target	5084.35
Downside Target	5249.90
Upside Target	5280.00
Upside Target	5380.00
Upside Target	5438.00
Upside Target	5482.80

Intraday share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Intraday Target	4909.5
Downside Intraday Target	4565.75
Upside Intraday Target	5517.5
Upside Intraday Target	5781.75
Downside Intraday Target	5173.75

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	5253.25	4925.00	5438.00	4830.00	2.843 times
05 Fri Jul 2024	4930.35	4921.00	5084.35	4872.00	1.24 times
28 Fri Jun 2024	4944.45	4974.00	5188.75	4909.20	0.872 times
21 Fri Jun 2024	4987.25	5063.80	5152.00	4960.00	0.197 times
14 Fri Jun 2024	5050.45	5050.00	5380.00	4730.05	3.391 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
10 Wed Jul 2024	5253.25	4921.00	5438.00	4830.00	0.493 times
28 Fri Jun 2024	4944.45	5004.95	5380.00	4347.75	1.729 times
31 Fri May 2024	4634.05	5280.00	5280.00	4601.00	1.261 times
30 Tue Apr 2024	5243.90	5059.00	5482.80	4928.50	0.814 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Power Mech ( (POWERMECH) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 gaining 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 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 stronger in this stock.

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

CCI has generated a buy signal for Power Mech in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 5109.69 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.