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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 2024-12-30 View latest technical analysis

10 day averaged volume of Power Mech is 52958

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	2526.70	2557.10	2573.60	2500.00	0.827 times
27 Fri Dec 2024	2557.10	2584.95	2584.95	2530.10	1.39 times
26 Thu Dec 2024	2512.35	2510.00	2566.00	2496.00	1.106 times
24 Tue Dec 2024	2522.85	2553.95	2573.80	2502.35	0.557 times
23 Mon Dec 2024	2556.60	2511.00	2600.00	2489.60	1.212 times
20 Fri Dec 2024	2561.40	2661.55	2673.80	2541.35	0.83 times
19 Thu Dec 2024	2650.15	2520.00	2664.00	2500.10	1.564 times
18 Wed Dec 2024	2556.40	2630.00	2659.00	2545.90	0.805 times
17 Tue Dec 2024	2631.20	2683.95	2700.00	2626.00	1.003 times
16 Mon Dec 2024	2683.95	2736.50	2748.90	2657.90	0.796 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2566, but if it comes above 2566, then a intra day buy could be more profitable.
If you take a sell trade below 2566, then use 2566 as stoploss and 2449.3 as target. However if you take a buy trade in stock , then use 2566 as stoploss and 2663.21 as target.

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	2451.05
Upside Target	2573.60
Upside Target	2704.10
Upside Target	2838.85
Upside Target	2844.95
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	2493.27
Downside Intraday Target	2459.83
Upside Intraday Target	2566.87
Upside Intraday Target	2607.03
Upside Intraday Target	2533.43

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	2526.70	2557.10	2573.60	2500.00	0.194 times
27 Fri Dec 2024	2557.10	2511.00	2600.00	2489.60	0.853 times
20 Fri Dec 2024	2561.40	2736.50	2748.90	2500.10	1.09 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

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
30 Mon Dec 2024	2526.70	2838.00	2844.95	2489.60	0.916 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 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 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 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 weakening, and bulls are picking up momentum!

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 BUY signal in short term and the buying is gaining 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 2579.85 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.