(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 77402
| Date | Closing Price | Open | High | Low | Volume |
| 06 Wed Jul 2022 | 20.90 | 21.80 | 21.90 | 20.80 | 0.121 Mn |
| 05 Tue Jul 2022 | 21.65 | 23.00 | 23.00 | 21.35 | 0.092 Mn |
| 04 Mon Jul 2022 | 22.40 | 23.15 | 23.15 | 22.15 | 0.012 Mn |
| 01 Fri Jul 2022 | 22.30 | 21.85 | 22.70 | 21.80 | 0.031 Mn |
| 30 Thu Jun 2022 | 21.85 | 22.15 | 22.45 | 21.70 | 0.049 Mn |
| 29 Wed Jun 2022 | 22.20 | 22.15 | 22.75 | 21.80 | 0.121 Mn |
| 28 Tue Jun 2022 | 22.30 | 22.80 | 22.80 | 21.95 | 0.017 Mn |
| 27 Mon Jun 2022 | 22.55 | 23.00 | 23.45 | 22.40 | 0.07 Mn |
| 24 Fri Jun 2022 | 23.00 | 23.50 | 23.50 | 22.20 | 0.13 Mn |
| 23 Thu Jun 2022 | 22.80 | 21.50 | 22.80 | 21.50 | 0.079 Mn |
Indicators analysis of Patel Engg (PatelEngg)
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short 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 Patel Engg ( (PatelEngg) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Patel Engg in short term but the buy signal is initial and weak.
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. Bears 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 coming down
CCI has generated a SELL signal for Patel Engg in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Patel Engg is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.14 and Patel Engg (PatelEngg) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 negative.
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 | 18, 27, 19 | Sell |
| MACD | -1, -1 | Buy |
| Stochastics | 40 | None |
| CCI | -218 | Sell |
| RSI | 53 | Buy |
| OBV | -521427 | Sell |
| VWAP | 22 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
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