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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 2024-12-18 View latest technical analysis

10 day averaged volume of Power Mech is 44290

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	2556.40	2630.00	2659.00	2545.90	0.962 times
17 Tue Dec 2024	2631.20	2683.95	2700.00	2626.00	1.2 times
16 Mon Dec 2024	2683.95	2736.50	2748.90	2657.90	0.952 times
13 Fri Dec 2024	2706.45	2750.20	2761.10	2651.10	0.881 times
12 Thu Dec 2024	2750.20	2760.00	2775.00	2703.70	1.759 times
11 Wed Dec 2024	2753.00	2835.00	2835.00	2750.00	0.876 times
10 Tue Dec 2024	2804.05	2794.00	2838.85	2741.10	1.068 times
09 Mon Dec 2024	2773.40	2725.05	2798.00	2725.05	0.899 times
06 Fri Dec 2024	2744.35	2751.05	2769.00	2710.00	0.895 times
05 Thu Dec 2024	2743.55	2770.00	2770.00	2730.00	0.613 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2611.5, but if it comes above 2611.5, then a intra day buy could be more profitable.
If you take a sell trade below 2611.5, then use 2611.5 as stoploss and 2501.2 as target. However if you take a buy trade in stock , then use 2611.5 as stoploss and 2703.43 as target.

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	2451.05
Downside Target	2539.00
Upside Target	2640.00
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	2485.23
Downside Intraday Target	2414.07
Upside Intraday Target	2688.23
Upside Intraday Target	2820.07
Upside Intraday Target	2617.07

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	2556.40	2736.50	2748.90	2545.90	0.568 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
18 Wed Dec 2024	2556.40	2838.00	2844.95	2545.90	0.553 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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.

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 and selling is picking up 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 2714.63 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.