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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 2024-09-12 View latest technical analysis

10 day averaged volume of Power Mech is 66897

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	6570.85	6460.00	6600.00	6380.20	0.977 times
11 Wed Sep 2024	6379.85	6498.00	6530.50	6355.00	0.459 times
10 Tue Sep 2024	6473.40	6210.95	6500.00	6210.95	1.094 times
09 Mon Sep 2024	6195.60	6291.00	6298.00	6136.00	0.98 times
06 Fri Sep 2024	6291.05	6533.00	6540.00	6205.00	1.094 times
05 Thu Sep 2024	6526.95	6526.00	6593.30	6483.30	0.567 times
04 Wed Sep 2024	6472.15	6501.00	6679.80	6462.20	1.047 times
03 Tue Sep 2024	6552.95	6649.10	6725.00	6525.00	0.826 times
02 Mon Sep 2024	6649.10	6849.95	6849.95	6621.00	0.63 times
30 Fri Aug 2024	6778.80	6619.00	6795.00	6578.25	1.466 times

My analysis of stock is bullish for shortterm, and stock might move up till 6759 or till 7069.1. Use a stoploss of 6500.53 and if this stock hits its stoploss, then it can fall down till 6242.1

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	4347.75
Downside Target	4601.00
Downside Target	4830.00
Downside Target	5280.00
Downside Target	5960.00
Downside Target	6136.00
Downside Target	6497.10
Upside Target	6600.00
Upside Target	6849.95
Upside Target	7270.00
Upside Target	7450.00

Intraday share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Intraday Target	6271.23
Downside Intraday Target	5971.62
Upside Intraday Target	6735.23
Upside Intraday Target	6899.62
Downside Intraday Target	6435.62

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	6570.85	6291.00	6600.00	6136.00	0.843 times
06 Fri Sep 2024	6291.05	6849.95	6849.95	6205.00	0.346 times
30 Fri Aug 2024	6778.80	7048.95	7270.00	6497.10	0.621 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

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
12 Thu Sep 2024	6570.85	6849.95	6849.95	6136.00	0.162 times
30 Fri Aug 2024	6778.80	6259.90	7450.00	5360.00	1.502 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

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 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 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 gaining 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 6499 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 falling down

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.