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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 2024-12-17 View latest technical analysis

10 day averaged volume of Power Mech is 43557

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	2631.20	2683.95	2700.00	2626.00	1.22 times
16 Mon Dec 2024	2683.95	2736.50	2748.90	2657.90	0.968 times
13 Fri Dec 2024	2706.45	2750.20	2761.10	2651.10	0.896 times
12 Thu Dec 2024	2750.20	2760.00	2775.00	2703.70	1.789 times
11 Wed Dec 2024	2753.00	2835.00	2835.00	2750.00	0.891 times
10 Tue Dec 2024	2804.05	2794.00	2838.85	2741.10	1.085 times
09 Mon Dec 2024	2773.40	2725.05	2798.00	2725.05	0.914 times
06 Fri Dec 2024	2744.35	2751.05	2769.00	2710.00	0.91 times
05 Thu Dec 2024	2743.55	2770.00	2770.00	2730.00	0.624 times
04 Wed Dec 2024	2750.35	2750.00	2772.00	2735.85	0.873 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2608.8 as stoploss in an intra day buy trade for a target of 2702.43. However, stock will show a bearish move below 2608.8.

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	2451.05
Downside Target	2539.00
Downside Target	2626.00
Upside Target	2704.10
Upside Target	2838.85
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	2588.5
Downside Intraday Target	2545.8
Upside Intraday Target	2711.4
Upside Intraday Target	2791.6
Upside Intraday Target	2668.7

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	2631.20	2736.50	2748.90	2626.00	0.392 times
13 Fri Dec 2024	2706.45	2725.05	2838.85	2651.10	1.09 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

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
17 Tue Dec 2024	2631.20	2838.00	2844.95	2626.00	0.514 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 to mid 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 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 2732.92 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.