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 2024-10-14 View latest technical analysis

10 day averaged volume of Power Mech is 64237

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	3106.50	3139.35	3174.90	3082.20	0.516 times
11 Fri Oct 2024	3108.40	3069.60	3135.00	3038.00	0.407 times
10 Thu Oct 2024	3069.60	3131.00	3143.50	3060.00	0.529 times
09 Wed Oct 2024	3097.20	3119.00	3161.60	3064.75	1.34 times
08 Tue Oct 2024	3126.10	3138.95	3200.00	3024.35	1.58 times
07 Mon Oct 2024	6235.85	6337.25	6497.85	6195.00	2.193 times
04 Fri Oct 2024	6243.50	6392.00	6489.80	6173.25	1.26 times
03 Thu Oct 2024	6391.95	6685.00	6699.00	6308.95	0.901 times
01 Tue Oct 2024	6721.40	6720.00	6755.70	6660.00	0.515 times
30 Mon Sep 2024	6710.05	6746.90	6771.95	6678.00	0.619 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4189.6, but if it comes above 4189.6, then a intra day buy could be more profitable.
If you take a sell trade below 4189.6, then use 4189.6 as stoploss and 2388.2 as target. However if you take a buy trade in stock , then use 4189.6 as stoploss and 5690.82 as target.

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	3024.35
Upside Target	3174.90
Upside Target	4347.75
Upside Target	4830.00
Upside Target	5360.00
Upside Target	6136.00
Upside Target	6497.85
Upside Target	6699.00
Upside Target	6755.70
Upside Target	6771.95
Upside Target	6834.95
Upside Target	6849.95
Upside Target	7450.00

Intraday share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Intraday Target	3067.5
Downside Intraday Target	3028.5
Upside Intraday Target	3160.2
Upside Intraday Target	3213.9
Upside Intraday Target	3121.2

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	3106.50	3139.35	3174.90	3082.20	0.085 times
11 Fri Oct 2024	3108.40	6337.25	6497.85	3024.35	1.836 times
04 Fri Oct 2024	6243.50	6746.90	6771.95	6173.25	0.774 times
27 Fri Sep 2024	6700.10	6629.00	6834.95	6568.75	1.424 times
20 Fri Sep 2024	6541.65	6659.00	6699.00	6295.55	0.722 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
14 Mon Oct 2024	3106.50	6720.00	6755.70	3024.35	0.566 times
30 Mon Sep 2024	6710.05	6849.95	6849.95	6136.00	0.331 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

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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Power Mech stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Power Mech in short term and the sell signal is strong.

Power Mech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Power Mech in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 4918.58 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.