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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 2024-11-11 View latest technical analysis

10 day averaged volume of Power Mech is 38820

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	2735.85	2780.00	2797.30	2686.90	1.588 times
08 Fri Nov 2024	2803.85	2946.25	2946.25	2783.45	0.958 times
07 Thu Nov 2024	2923.50	2967.20	2995.00	2916.55	0.511 times
06 Wed Nov 2024	2957.35	2979.85	2994.75	2943.00	0.639 times
05 Tue Nov 2024	2935.80	2902.00	2988.65	2885.00	1.069 times
04 Mon Nov 2024	2937.80	3060.00	3061.00	2891.30	1.412 times
01 Fri Nov 2024	3046.80	3147.95	3147.95	3004.95	0.669 times
31 Thu Oct 2024	2954.45	2846.40	2980.00	2828.05	1.448 times
30 Wed Oct 2024	2846.40	2801.95	2913.40	2793.15	1.379 times
29 Tue Oct 2024	2778.85	2810.70	2850.00	2704.10	0.939 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2790.4, but if it comes above 2790.4, then a intra day buy could be more profitable.
If you take a sell trade below 2790.4, then use 2790.4 as stoploss and 2578.6 as target. However if you take a buy trade in stock , then use 2790.4 as stoploss and 2966.97 as target.

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	2686.90
Upside Target	2783.45
Upside Target	3061.00
Upside Target	3147.95
Upside Target	3398.00
Upside Target	4830.00
Upside Target	5360.00
Upside Target	6136.00
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	2682.73
Downside Intraday Target	2629.62
Upside Intraday Target	2793.13
Upside Intraday Target	2850.42
Upside Intraday Target	2740.02

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	2735.85	2780.00	2797.30	2686.90	0.346 times
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

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
11 Mon Nov 2024	2735.85	3147.95	3147.95	2686.90	0.184 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 2878.98 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.