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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 2024-08-16 View latest technical analysis

10 day averaged volume of Power Mech is 93991

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	5905.15	6000.00	6000.00	5740.00	1.336 times
14 Wed Aug 2024	5670.20	5484.75	5767.95	5360.00	2.145 times
13 Tue Aug 2024	5412.10	5629.95	5629.95	5365.70	1.244 times
12 Mon Aug 2024	5591.00	5607.80	5625.60	5488.95	0.724 times
09 Fri Aug 2024	5607.80	5572.20	5639.85	5479.00	0.41 times
08 Thu Aug 2024	5522.35	5613.25	5700.00	5481.40	0.881 times
07 Wed Aug 2024	5657.40	5750.00	5750.00	5495.60	1.209 times
06 Tue Aug 2024	5540.95	5900.05	5995.00	5380.55	1.518 times
05 Mon Aug 2024	5726.95	5989.95	6049.00	5640.00	1.039 times
02 Fri Aug 2024	6051.15	6097.95	6132.90	5946.60	0.608 times

My analysis of stock is bearish for shortterm, and stock might move down till 5627.1 or till 5237.1. Use a stoploss of 5952.22 and if the stock hits stoploss, then it can shoot up till 6277.29

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	4347.75
Downside Target	4601.00
Downside Target	4830.00
Downside Target	4928.50
Downside Target	5280.00
Downside Target	5650.00
Downside Target	5836.50
Upside Target	6049.00
Upside Target	6118.00
Upside Target	6280.20
Upside Target	6480.00
Upside Target	6501.00

Intraday share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Intraday Target	5510.1
Downside Intraday Target	5115.05
Upside Intraday Target	6150.1
Upside Intraday Target	6395.05
Downside Intraday Target	5755.05

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	5905.15	5607.80	6000.00	5360.00	1.078 times
09 Fri Aug 2024	5607.80	5989.95	6049.00	5380.55	2.969 times
02 Fri Aug 2024	6051.15	6324.95	6480.00	5946.60	0.408 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

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
16 Fri Aug 2024	5905.15	6259.90	6280.20	5360.00	0.505 times
31 Wed Jul 2024	6197.00	4921.00	6501.00	4830.00	1.673 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

Scroll below to view daily charts

Price has moved down 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Power Mech ( (POWERMECH) ) based on a short to mid 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 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 SELL signal for Power Mech in short term but the sell signal is initial and weak.

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. Bears are weakening, and bulls are picking up momentum!

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 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 5657.47 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 has given negative 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.