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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)

10 day averaged volume of Power Mech is 27598

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	5340.95	5270.00	5482.80	5202.05	2.136 times
24 Wed Apr 2024	5244.30	5240.00	5289.60	5215.00	0.431 times
23 Tue Apr 2024	5259.90	5299.00	5340.00	5200.10	0.999 times
22 Mon Apr 2024	5271.95	5053.90	5327.80	5053.90	2.691 times
19 Fri Apr 2024	5021.60	5026.50	5058.55	4950.00	0.487 times
18 Thu Apr 2024	5016.55	5049.95	5111.00	4995.00	1.979 times
16 Tue Apr 2024	5035.50	4994.00	5079.00	4980.00	0.674 times
15 Mon Apr 2024	5010.40	5000.00	5092.30	4928.50	0.939 times
12 Fri Apr 2024	5123.95	5107.25	5149.90	5030.00	0.56 times
10 Wed Apr 2024	5103.70	5199.95	5199.95	5075.00	0.551 times

Stock of Power Mech (POWERMECH) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 5288.9, but if it comes below 5288.9, then a intra day sell could be more profitable.
If you take a sell trade below 5288.9, then use 5288.9 as stoploss and 5139.21 as target. However if you take a buy trade in stock , then use 5288.9 as stoploss and 5468.5 as target.

Share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Target	3915.10
Downside Target	4261.00
Downside Target	4405.00
Downside Target	4679.95
Downside Target	4928.50
Downside Target	5249.90
Downside Target	5260.40
Upside Target	5413.20
Upside Target	5441.35
Upside Target	5482.80
Upside Target	5550.00

Intraday share price targets for Power Mech (POWERMECH)

Target Type	Value
Downside Intraday Target	5102.3
Downside Intraday Target	4863.65
Upside Intraday Target	5531.2
Upside Intraday Target	5721.45
Downside Intraday Target	5292.55

Weekly technical analysis of Power Mech (POWERMECH)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	5340.95	5053.90	5482.80	5053.90	1.533 times
19 Fri Apr 2024	5021.60	5000.00	5111.00	4928.50	1.489 times
12 Fri Apr 2024	5123.95	5250.00	5260.40	5030.00	0.486 times
05 Fri Apr 2024	5202.70	5059.00	5413.20	5025.85	1.889 times
28 Thu Mar 2024	5010.50	4764.45	5065.00	4679.95	0.641 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Power Mech (POWERMECH)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	5340.95	5059.00	5482.80	4928.50	0.727 times
28 Thu Mar 2024	5010.50	5149.00	5249.90	4405.00	0.641 times
29 Thu Feb 2024	5116.50	5384.00	5550.00	4967.85	0.775 times
31 Wed Jan 2024	5330.50	4338.00	5441.35	4261.00	2.093 times

Scroll below to view daily charts

Price has moved up 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 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 short to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Power Mech stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Power Mech in short term and the buy signal is strong.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 5177.19 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.