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 2024-11-21 View latest technical analysis

10 day averaged volume of Power Mech is 51808

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	2475.80	2510.05	2542.25	2451.05	1.133 times
19 Tue Nov 2024	2536.30	2576.20	2640.00	2521.00	0.956 times
18 Mon Nov 2024	2576.20	2620.00	2640.00	2526.85	0.83 times
14 Thu Nov 2024	2614.40	2599.90	2668.30	2576.00	1.455 times
13 Wed Nov 2024	2569.00	2694.00	2711.80	2544.00	1.802 times
12 Tue Nov 2024	2694.50	2803.00	2830.70	2680.00	1.385 times
11 Mon Nov 2024	2735.85	2780.00	2797.30	2686.90	1.19 times
08 Fri Nov 2024	2803.85	2946.25	2946.25	2783.45	0.718 times
07 Thu Nov 2024	2923.50	2967.20	2995.00	2916.55	0.383 times
06 Wed Nov 2024	2957.35	2979.85	2994.75	2943.00	0.478 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2435.2, for a target of 2626.2 or 2785.39

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	2451.05
Upside Target	2544.00
Upside Target	2640.00
Upside Target	2704.10
Upside Target	2783.45
Upside Target	3061.00
Upside Target	3147.95
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	2404.57
Downside Intraday Target	2333.33
Upside Intraday Target	2593.52
Upside Intraday Target	2711.23
Upside Intraday Target	2522.28

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	2475.80	2620.00	2640.00	2451.05	0.501 times
14 Thu Nov 2024	2614.40	2780.00	2830.70	2544.00	1.696 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

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
21 Thu Nov 2024	2475.80	3147.95	3147.95	2451.05	0.456 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 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

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 2646.2 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.