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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 2024-12-05 View latest technical analysis

10 day averaged volume of Power Mech is 64918

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	2743.55	2770.00	2770.00	2730.00	0.419 times
04 Wed Dec 2024	2750.35	2750.00	2772.00	2735.85	0.585 times
03 Tue Dec 2024	2741.10	2766.00	2786.05	2725.00	0.706 times
02 Mon Dec 2024	2738.95	2838.00	2844.95	2727.65	1.112 times
29 Fri Nov 2024	2835.00	2800.00	2864.90	2761.15	1.36 times
28 Thu Nov 2024	2782.20	2758.00	2848.00	2713.25	1.324 times
27 Wed Nov 2024	2738.70	2647.00	2768.00	2625.35	0.724 times
26 Tue Nov 2024	2629.05	2712.45	2732.25	2620.00	0.432 times
25 Mon Nov 2024	2705.75	2580.00	2730.00	2539.00	2.01 times
22 Fri Nov 2024	2525.20	2474.95	2538.00	2465.00	0.842 times

My analysis of stock is bullish for shortterm, and stock might move up till 2829.3 or till 2979.8. Use a stoploss of 2703.83 and if this stock hits its stoploss, then it can fall down till 2578.41

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	2451.05
Downside Target	2539.00
Downside Target	2640.00
Downside Target	2704.10
Upside Target	2783.45
Upside Target	3061.00
Upside Target	3147.95
Upside Target	5360.00
Upside Target	6136.00
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	2697.38
Downside Intraday Target	2651.22
Upside Intraday Target	2817.33
Upside Intraday Target	2891.12
Upside Intraday Target	2771.17

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	2743.55	2838.00	2844.95	2725.00	0.482 times
29 Fri Nov 2024	2835.00	2580.00	2864.90	2539.00	1.844 times
22 Fri Nov 2024	2525.20	2620.00	2640.00	2451.05	0.682 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

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
05 Thu Dec 2024	2743.55	2838.00	2844.95	2725.00	0.168 times
29 Fri Nov 2024	2835.00	3147.95	3147.95	2451.05	0.757 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

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 neutral. A longer time frame might give a better analysis.

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 Weak 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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 but SELL 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 2728.81 and Power Mech (POWERMECH) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.