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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 2024-11-08 View latest technical analysis

10 day averaged volume of Power Mech is 44397

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	2803.85	2946.25	2946.25	2783.45	0.837 times
07 Thu Nov 2024	2923.50	2967.20	2995.00	2916.55	0.447 times
06 Wed Nov 2024	2957.35	2979.85	2994.75	2943.00	0.558 times
05 Tue Nov 2024	2935.80	2902.00	2988.65	2885.00	0.935 times
04 Mon Nov 2024	2937.80	3060.00	3061.00	2891.30	1.235 times
01 Fri Nov 2024	3046.80	3147.95	3147.95	3004.95	0.585 times
31 Thu Oct 2024	2954.45	2846.40	2980.00	2828.05	1.266 times
30 Wed Oct 2024	2846.40	2801.95	2913.40	2793.15	1.206 times
29 Tue Oct 2024	2778.85	2810.70	2850.00	2704.10	0.821 times
28 Mon Oct 2024	2778.35	2791.95	2815.00	2710.55	0.853 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2814.8, but if it comes above 2814.8, then a intra day buy could be more profitable.
If you take a sell trade below 2814.8, then use 2814.8 as stoploss and 2610 as target. However if you take a buy trade in stock , then use 2814.8 as stoploss and 2985.5 as target.

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	2704.10
Downside Target	2783.45
Upside Target	3024.35
Upside Target	3147.95
Upside Target	3398.00
Upside Target	4830.00
Upside Target	5360.00
Upside Target	6136.00
Upside Target	6497.85
Upside Target	6501.00
Upside Target	6755.70
Upside Target	6849.95
Upside Target	7450.00

Intraday share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Intraday Target	2704.53
Downside Intraday Target	2605.22
Upside Intraday Target	2982.08
Upside Intraday Target	3160.32
Upside Intraday Target	2882.77

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	2803.85	3060.00	3061.00	2783.45	0.848 times
01 Fri Nov 2024	3046.80	2791.95	3147.95	2704.10	0.548 times
25 Fri Oct 2024	2761.95	3150.00	3167.45	2724.95	1.221 times
18 Fri Oct 2024	3178.85	3139.35	3398.00	3082.20	0.808 times
11 Fri Oct 2024	3108.40	6337.25	6497.85	3024.35	1.836 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
08 Fri Nov 2024	2803.85	3147.95	3147.95	2783.45	0.142 times
31 Thu Oct 2024	2954.45	6720.00	6755.70	2704.10	1.374 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

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 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 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 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 gaining momentum.

MACD generated a BUY signal for Power Mech in short term but the buy 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Power Mech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2891.9 and Power Mech (POWERMECH) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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