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(Powermech) Powermech complete technical analysis [charts+indicators] | Buy/Sell Powermech | (Powermech) share price targets

Complete technical analysis of Powermech (Powermech) by charts plus indicators, forecast predictions and share price targets for Powermech (Powermech)

10 day averaged volume of Powermech is 1871

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 4964.30 5069.90 5069.90 4904.00 0.836 times
15 Wed May 2024 4993.90 4909.40 5050.00 4907.75 0.604 times
14 Tue May 2024 4907.35 4842.70 4930.00 4820.00 0.608 times
13 Mon May 2024 4779.10 4761.20 4808.20 4667.95 0.772 times
10 Fri May 2024 4761.20 4773.00 4796.55 4678.70 0.74 times

My analysis of stock is bearish for shortterm, and stock might move down till 4871 or till 4654. Use a stoploss of 5051.85 and if the stock hits stoploss, then it can shoot up till 5232.69

Share price targets for Powermech (Powermech)

Target Type Value
Downside Target 4265.55
Downside Target 4398.15
Downside Target 4667.95
Downside Target 4874.55
Upside Target 5133.65
Upside Target 5265.20
Upside Target 5342.80
Upside Target 5369.70
Upside Target 5440.95
Upside Target 5475.00
Upside Target 5544.00

Intraday share price targets for Powermech (Powermech)

Target Type Value
Downside Intraday Target 4731.53
Downside Intraday Target 4498.77
Upside Intraday Target 5133.48
Upside Intraday Target 5302.67
Downside Intraday Target 4900.72

Weekly technical analysis of Powermech (Powermech)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 4964.30 4761.20 5069.90 4667.95 0.497 times
10 Fri May 2024 4761.20 5133.65 5133.65 4678.70 1.269 times
03 Fri May 2024 4945.45 5303.55 5342.80 4924.50 0.62 times
26 Fri Apr 2024 5289.45 5050.00 5475.00 5050.00 1.036 times
19 Fri Apr 2024 5021.70 5014.55 5100.00 4874.55 2.253 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 Powermech (Powermech)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 4964.30 5252.00 5265.20 4667.95 0.483 times
30 Tue Apr 2024 5236.85 5020.45 5475.00 4874.55 1.082 times
28 Thu Mar 2024 5009.15 5199.95 5369.70 4398.15 0.68 times
29 Thu Feb 2024 5112.30 5421.85 5544.00 4973.05 0.532 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 Powermech (Powermech)

Indicator Name Indicator Value Indicator Signal
ADX 20, 21, 2 Sell
MACD -65, -47Sell
Stochastics 49None
CCI 54Sell
RSI 48Sell
OBV -11255Sell
VWAP 4892Buy
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Powermech ( (Powermech) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Powermech ( (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 Powermech ( (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 Powermech ( (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 Powermech stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Powermech in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Powermech Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a SELL signal for Powermech in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 Powermech is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4892.19 and Powermech (Powermech) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Powermech (Powermech) stock. Volume based technical analysis of Powermech (Powermech) stock is negative.

Powermech 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.

Click here for Powermech charts

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