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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 2024-12-10 View latest technical analysis

10 day averaged volume of Power Mech is 51191

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	2804.05	2794.00	2838.85	2741.10	0.924 times
09 Mon Dec 2024	2773.40	2725.05	2798.00	2725.05	0.777 times
06 Fri Dec 2024	2744.35	2751.05	2769.00	2710.00	0.774 times
05 Thu Dec 2024	2743.55	2770.00	2770.00	2730.00	0.531 times
04 Wed Dec 2024	2750.35	2750.00	2772.00	2735.85	0.742 times
03 Tue Dec 2024	2741.10	2766.00	2786.05	2725.00	0.895 times
02 Mon Dec 2024	2738.95	2838.00	2844.95	2727.65	1.41 times
29 Fri Nov 2024	2835.00	2800.00	2864.90	2761.15	1.725 times
28 Thu Nov 2024	2782.20	2758.00	2848.00	2713.25	1.679 times
27 Wed Nov 2024	2738.70	2647.00	2768.00	2625.35	0.919 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2786.2, but if it comes below 2786.2, then a intra day sell could be more profitable.
If you take a sell trade below 2786.2, then use 2786.2 as stoploss and 2685.69 as target. However if you take a buy trade in stock , then use 2786.2 as stoploss and 2906.8 as target.

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	2830.70
Upside Target	2864.90
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	2739.78
Downside Intraday Target	2675.52
Upside Intraday Target	2853.58
Upside Intraday Target	2903.12
Downside Intraday Target	2789.32

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	2804.05	2725.05	2838.85	2725.05	0.391 times
06 Fri Dec 2024	2744.35	2838.00	2844.95	2710.00	0.587 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

Price has moved up 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
10 Tue Dec 2024	2804.05	2838.00	2844.95	2710.00	0.284 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Power Mech in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2771.91 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 positive

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