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 2024-09-18 View latest technical analysis

10 day averaged volume of Power Mech is 49992

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	6473.10	6640.00	6661.10	6451.30	0.446 times
17 Tue Sep 2024	6628.30	6679.00	6699.00	6598.20	0.511 times
16 Mon Sep 2024	6642.95	6659.00	6670.05	6582.10	0.549 times
13 Fri Sep 2024	6614.25	6602.05	6660.00	6580.20	0.62 times
12 Thu Sep 2024	6570.85	6460.00	6600.00	6380.20	1.307 times
11 Wed Sep 2024	6379.85	6498.00	6530.50	6355.00	0.614 times
10 Tue Sep 2024	6473.40	6210.95	6500.00	6210.95	1.464 times
09 Mon Sep 2024	6195.60	6291.00	6298.00	6136.00	1.311 times
06 Fri Sep 2024	6291.05	6533.00	6540.00	6205.00	1.463 times
05 Thu Sep 2024	6526.95	6526.00	6593.30	6483.30	0.759 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6387.7 as stoploss in an intra day buy trade for a target of 6580.01. However, stock will show a bearish move below 6387.7.

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	6451.30
Upside Target	6660.00
Upside Target	6699.00
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	6383.27
Downside Intraday Target	6293.43
Upside Intraday Target	6630.97
Upside Intraday Target	6788.83
Upside Intraday Target	6541.13

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	6473.10	6659.00	6699.00	6451.30	0.283 times
13 Fri Sep 2024	6614.25	6291.00	6660.00	6136.00	0.954 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

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
18 Wed Sep 2024	6473.10	6849.95	6849.95	6136.00	0.196 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 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 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.

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 in or below 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 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 6444.55 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.