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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 2024-07-19 View latest technical analysis

10 day averaged volume of Power Mech is 135325

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	6047.40	6020.05	6118.00	5876.15	1.432 times
18 Thu Jul 2024	6034.00	5974.00	6080.00	5859.85	1.154 times
16 Tue Jul 2024	5943.55	5868.65	5970.00	5865.00	0.498 times
15 Mon Jul 2024	5848.90	5850.85	5971.95	5650.00	0.821 times
12 Fri Jul 2024	5785.05	5513.25	5825.00	5513.25	1.695 times
11 Thu Jul 2024	5510.85	5289.50	5650.00	5255.70	1.89 times
10 Wed Jul 2024	5253.25	5189.00	5438.00	4951.10	2.276 times
09 Tue Jul 2024	5122.20	4898.95	5224.00	4898.90	0.786 times
08 Mon Jul 2024	4854.85	4925.00	4925.00	4830.00	0.332 times
05 Fri Jul 2024	4930.35	5028.25	5084.35	4913.55	0.344 times

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 6174.4, for a target of 5671.5 or 5252.48

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	4347.75
Downside Target	4601.00
Downside Target	4830.00
Downside Target	5084.35
Downside Target	5249.90
Downside Target	5280.00
Downside Target	5380.00
Downside Target	5482.80
Downside Target	5650.00
Downside Target	5825.00
Upside Target	6118.00

Intraday share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Intraday Target	5758.93
Downside Intraday Target	5470.47
Upside Intraday Target	6226.93
Upside Intraday Target	6406.47
Downside Intraday Target	5938.47

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	6047.40	5850.85	6118.00	5650.00	0.56 times
12 Fri Jul 2024	5785.05	4925.00	5825.00	4830.00	5.845 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

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
19 Fri Jul 2024	6047.40	4921.00	6118.00	4830.00	1.297 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 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 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 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 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 but buying is losing 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 5601.7 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.