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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 2024-12-12 View latest technical analysis

10 day averaged volume of Power Mech is 52288

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	2750.20	2760.00	2775.00	2703.70	1.49 times
11 Wed Dec 2024	2753.00	2835.00	2835.00	2750.00	0.742 times
10 Tue Dec 2024	2804.05	2794.00	2838.85	2741.10	0.904 times
09 Mon Dec 2024	2773.40	2725.05	2798.00	2725.05	0.761 times
06 Fri Dec 2024	2744.35	2751.05	2769.00	2710.00	0.758 times
05 Thu Dec 2024	2743.55	2770.00	2770.00	2730.00	0.52 times
04 Wed Dec 2024	2750.35	2750.00	2772.00	2735.85	0.727 times
03 Tue Dec 2024	2741.10	2766.00	2786.05	2725.00	0.876 times
02 Mon Dec 2024	2738.95	2838.00	2844.95	2727.65	1.38 times
29 Fri Nov 2024	2835.00	2800.00	2864.90	2761.15	1.688 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2791.3 as stoploss in an intra day sell trade for a target of 2689.33. However, stock will show a bullish move above 2791.3.

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	2451.05
Downside Target	2539.00
Downside Target	2640.00
Downside Target	2703.70
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	2689.65
Downside Intraday Target	2629.1
Upside Intraday Target	2824.8
Upside Intraday Target	2899.4
Upside Intraday Target	2764.25

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	2750.20	2725.05	2838.85	2703.70	0.915 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
12 Thu Dec 2024	2750.20	2838.00	2844.95	2703.70	0.391 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 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 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 SELL. Signal strength is Weak and stock is losing 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 in or above 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 2768.51 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.