Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-26 View latest technical analysis

10 day averaged volume of Power Mech is 184723

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	7012.70	7048.95	7270.00	6970.15	1.301 times
23 Fri Aug 2024	6888.30	6464.30	7450.00	6388.00	5.339 times
22 Thu Aug 2024	6386.35	6420.00	6450.00	6353.00	0.266 times
21 Wed Aug 2024	6350.40	6404.85	6435.00	6314.00	0.378 times
20 Tue Aug 2024	6366.00	6299.00	6390.00	6122.40	0.628 times
19 Mon Aug 2024	6147.35	5960.00	6189.95	5960.00	0.408 times
16 Fri Aug 2024	5905.15	6000.00	6000.00	5740.00	0.68 times
14 Wed Aug 2024	5670.20	5484.75	5767.95	5360.00	1.091 times
13 Tue Aug 2024	5412.10	5629.95	5629.95	5365.70	0.633 times
12 Mon Aug 2024	5591.00	5607.80	5625.60	5488.95	0.369 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 7010.8, for a target of 6481.2 or 6039.94

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	5946.60
Downside Target	6049.00
Downside Target	6480.00
Downside Target	6501.00
Downside Target	6970.15
Upside Target	7270.00
Upside Target	7450.00

Intraday share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Intraday Target	6898.57
Downside Intraday Target	6784.43
Upside Intraday Target	7198.42
Upside Intraday Target	7384.13
Upside Intraday Target	7084.28

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	7012.70	7048.95	7270.00	6970.15	0.185 times
23 Fri Aug 2024	6888.30	5960.00	7450.00	5960.00	2.531 times
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

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
26 Mon Aug 2024	7012.70	6259.90	7450.00	5360.00	1.234 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 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 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 tired and bears 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 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 6508.23 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.