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

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

10 day averaged volume of Power Instrument is 30721

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 77.10 76.85 77.10 76.50 2.014 times
16 Thu May 2024 75.60 75.60 75.60 75.60 1.185 times
15 Wed May 2024 74.15 74.20 74.20 74.15 0.756 times
14 Tue May 2024 72.75 70.35 72.75 70.35 0.431 times
13 Mon May 2024 71.35 71.35 71.35 71.35 0.475 times

Stock of Power Instrument (PIGL_BE) 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 75.8, but if it comes below 75.8, then a intra day sell could be more profitable.
If you take a sell trade below 75.8, then use 75.8 as stoploss and 73.26 as target. However if you take a buy trade in stock , then use 75.8 as stoploss and 78.8 as target.

Share price targets for Power Instrument (PIGL_BE)

Target Type Value
Downside Target 40.25
Downside Target 46.05
Downside Target 55.05
Downside Target 61.30
Downside Target 65.90
Downside Target 67.30
Downside Target 69.90
Downside Target 72.80
Downside Target 75.25
Downside Target 77.00
Upside Target 77.25
Upside Target 78.90
Upside Target 84.70

Intraday share price targets for Power Instrument (PIGL_BE)

Target Type Value
Downside Intraday Target 72.6
Downside Intraday Target 68.1
Upside Intraday Target 79.35
Upside Intraday Target 81.6
Downside Intraday Target 74.85

Weekly technical analysis of Power Instrument (PIGL_BE)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 77.10 71.35 77.10 70.35 0.946 times
10 Fri May 2024 72.80 72.85 77.00 72.80 1.189 times
03 Fri May 2024 74.30 72.90 77.25 72.90 0.641 times
26 Fri Apr 2024 71.50 65.90 78.90 65.90 2.007 times
19 Fri Apr 2024 65.75 63.10 67.30 61.30 2.093 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 Instrument (PIGL_BE)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 77.10 75.80 77.25 70.35 0.67 times
30 Tue Apr 2024 74.35 67.35 78.90 61.30 1.572 times
28 Thu Mar 2024 67.00 71.30 75.25 55.05 1.287 times
29 Thu Feb 2024 71.30 75.55 84.70 69.90 2.287 times

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 Instrument (PIGL_BE)

Indicator Name Indicator Value Indicator Signal
ADX 52, 23, 39 Buy
MACD 5, 5Sell
Stochastics 77Buy
CCI 128Buy
RSI 55Buy
OBV 505395Sell
VWAP 75Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Power Instrument ( (PIGL_BE) ) 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 Instrument ( (PIGL_BE) ) 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 Instrument ( (PIGL_BE) ) 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 Instrument ( (PIGL_BE) ) 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 Instrument stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Power Instrument in short term but the sell signal is initial and weak.

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

Power Instrument Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Instrument in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Power Instrument is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 75.01 and Power Instrument (PIGL_BE) 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 Instrument (PIGL_BE) stock. Volume based technical analysis of Power Instrument (PIGL_BE) stock is negative.

Power Instrument 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.

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