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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 67580

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 2705.75 2580.00 2730.00 2539.00 1.931 times
22 Fri Nov 2024 2525.20 2474.95 2538.00 2465.00 0.809 times
21 Thu Nov 2024 2475.80 2510.05 2542.25 2451.05 0.869 times
19 Tue Nov 2024 2536.30 2576.20 2640.00 2521.00 0.733 times
18 Mon Nov 2024 2576.20 2620.00 2640.00 2526.85 0.637 times

My analysis of stock is bearish for shortterm, and stock might move down till 2596.2 or till 2397. Use a stoploss of 2762.13 and if the stock hits stoploss, then it can shoot up till 2928.1

Share price targets for Power Mech (POWERMECH)

Target Type Value
Downside Target 2451.05
Downside Target 2539.00
Downside Target 2640.00
Downside Target 2704.10
Upside Target 3061.00
Upside Target 3147.95
Upside Target 4830.00
Upside Target 5360.00
Upside Target 6136.00
Upside Target 6501.00
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 2586.5
Downside Intraday Target 2467.25
Upside Intraday Target 2777.5
Upside Intraday Target 2849.25
Downside Intraday Target 2658.25

Weekly technical analysis of Power Mech (POWERMECH)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 2705.75 2580.00 2730.00 2539.00 0.634 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
08 Fri Nov 2024 2803.85 3060.00 3061.00 2783.45 1.312 times
01 Fri Nov 2024 3046.80 2801.95 3147.95 2793.15 1.062 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
25 Mon Nov 2024 2705.75 3147.95 3147.95 2451.05 0.564 times
31 Thu Oct 2024 2954.45 6720.00 6755.70 2704.10 1.425 times
30 Mon Sep 2024 6710.05 6849.95 6849.95 6136.00 0.331 times
30 Fri Aug 2024 6778.80 6259.90 7450.00 5360.00 1.502 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 22, 34, 22 Sell
MACD -806, -893Buy
Stochastics 23Sell
CCI 18Buy
RSI 44Sell
OBV -128961Sell
VWAP 2628Buy
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Power Mech ( (POWERMECH) ) based on a short 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 short 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 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 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 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 in or above the red 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 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 2628.35 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 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.

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