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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 2024-07-30 View latest technical analysis

10 day averaged volume of Power Mech is 95050

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	6245.95	6380.00	6429.20	6220.00	0.324 times
29 Mon Jul 2024	6386.90	6324.95	6480.00	6265.10	0.314 times
26 Fri Jul 2024	6275.10	6415.00	6470.10	6260.00	0.304 times
25 Thu Jul 2024	6407.80	6428.05	6496.40	6364.05	0.352 times
24 Wed Jul 2024	6456.20	6168.00	6501.00	6122.05	0.94 times
23 Tue Jul 2024	6112.10	6198.00	6290.00	5836.50	1.693 times
22 Mon Jul 2024	6098.00	6035.60	6189.95	5922.10	0.838 times
19 Fri Jul 2024	6047.40	6020.05	6118.00	5876.15	2.039 times
18 Thu Jul 2024	6034.00	5974.00	6080.00	5859.85	1.643 times
16 Tue Jul 2024	5943.55	5868.65	5970.00	5865.00	0.709 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 6273.2 as stoploss in an intra day sell trade for a target of 5708.85. However, stock will show a bullish move above 6273.2.

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	5650.00
Downside Target	5825.00
Downside Target	5836.50
Downside Target	6118.00
Downside Target	6220.00
Upside Target	6480.00
Upside Target	6501.00

Intraday share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Intraday Target	6150.63
Downside Intraday Target	6055.32
Upside Intraday Target	6410.63
Upside Intraday Target	6575.32
Upside Intraday Target	6315.32

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	6245.95	6324.95	6480.00	6220.00	0.155 times
26 Fri Jul 2024	6275.10	6035.60	6501.00	5836.50	0.742 times
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

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
30 Tue Jul 2024	6245.95	4921.00	6501.00	4830.00	1.656 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, and volume has increased substantially. This means that the move can 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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.

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 but buying 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 6135.6 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.