(PatelEngg) Patel Engg Renko charts technical analysis
(PatelEngg) Patel Engg Renko charts technical analysis Renko analysis of Patel Engg | Buy/Sell Patel Engg
10 day averaged volume of Patel Engg is 1593964
| Date | Closing Price | Open | High | Low | Volume |
| 09 Fri Dec 2022 | 21.50 | 22.00 | 22.20 | 21.00 | 1.005 Mn |
| 08 Thu Dec 2022 | 21.15 | 20.35 | 21.15 | 20.20 | 1.371 Mn |
| 07 Wed Dec 2022 | 20.15 | 20.60 | 20.70 | 19.85 | 0.611 Mn |
| 06 Tue Dec 2022 | 20.20 | 19.35 | 20.20 | 19.30 | 2.858 Mn |
| 05 Mon Dec 2022 | 19.25 | 19.30 | 19.40 | 19.00 | 0.64 Mn |
| 02 Fri Dec 2022 | 19.20 | 19.50 | 19.85 | 18.90 | 3.558 Mn |
| 01 Thu Dec 2022 | 19.55 | 20.05 | 20.10 | 19.40 | 3.001 Mn |
| 30 Wed Nov 2022 | 20.00 | 20.65 | 20.65 | 19.90 | 0.403 Mn |
| 29 Tue Nov 2022 | 20.35 | 20.70 | 20.90 | 20.20 | 0.285 Mn |
| 28 Mon Nov 2022 | 20.85 | 21.25 | 21.70 | 20.65 | 3.061 Mn |
Indicators analysis of Patel Engg (PatelEngg)
Price action analysis of Patel Engg ( (PatelEngg) ) 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 Patel Engg ( (PatelEngg) ) based on a short term time period is
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short to mid term time period is
Price action analysis of Patel Engg ( (PatelEngg) ) 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 Patel Engg stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Patel Engg 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.
Patel Engg 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. 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 Patel Engg 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 Patel Engg is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.11 and Patel Engg (PatelEngg) 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 Patel Engg (PatelEngg) stock. Volume based technical analysis of Patel Engg (PatelEngg) stock is negative.
Patel Engg Stock has given negative 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.
Renko charts
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 36, 19, 32 | Buy |
| MACD | -1, -1 | Buy |
| Stochastics | 64 | None |
| CCI | 149 | Buy |
| RSI | 61 | Buy |
| OBV | -4046391 | Sell |
| VWAP | 20 | Buy |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
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