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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 2024-09-19 View latest technical analysis

10 day averaged volume of Power Mech is 45217

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	6424.50	6535.00	6644.00	6295.55	1.902 times
18 Wed Sep 2024	6473.10	6640.00	6661.10	6451.30	0.493 times
17 Tue Sep 2024	6628.30	6679.00	6699.00	6598.20	0.565 times
16 Mon Sep 2024	6642.95	6659.00	6670.05	6582.10	0.607 times
13 Fri Sep 2024	6614.25	6602.05	6660.00	6580.20	0.686 times
12 Thu Sep 2024	6570.85	6460.00	6600.00	6380.20	1.446 times
11 Wed Sep 2024	6379.85	6498.00	6530.50	6355.00	0.679 times
10 Tue Sep 2024	6473.40	6210.95	6500.00	6210.95	1.619 times
09 Mon Sep 2024	6195.60	6291.00	6298.00	6136.00	1.449 times
06 Fri Sep 2024	6291.05	6533.00	6540.00	6205.00	1.618 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 6391.3 as stoploss in an intra day buy trade for a target of 6581.92. However, stock will show a bearish move below 6391.3.

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
Upside Target	6497.10
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	6247.03
Downside Intraday Target	6069.57
Upside Intraday Target	6650.48
Upside Intraday Target	6876.47
Upside Intraday Target	6473.02

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	6424.50	6659.00	6699.00	6295.55	0.607 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
19 Thu Sep 2024	6424.50	6849.95	6849.95	6136.00	0.223 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 SELL. 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.

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. 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 and SELL 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 6434.85 and Power Mech (POWERMECH) stock is trading below this level. This means that stock is falling with high volumes. 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 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.