(PatelEngg) Patel Engg Weekly charts technical analysis
(PatelEngg) Patel Engg Weekly charts technical analysis Weekly analysis of Patel Engg | Buy/Sell Patel Engg
10 day averaged volume of Patel Engg is 284912
| Date | Closing Price | Open | High | Low | Volume |
| 19 Wed Jan 2022 | 30.45 | 33.70 | 33.70 | 29.35 | 0.614 Mn |
| 14 Fri Jan 2022 | 33.20 | 30.80 | 33.35 | 29.10 | 1.646 Mn |
| 07 Fri Jan 2022 | 30.60 | 32.30 | 32.70 | 29.25 | 2.002 Mn |
| 31 Fri Dec 2021 | 31.95 | 29.10 | 34.95 | 28.60 | 5.526 Mn |
| 24 Fri Dec 2021 | 29.25 | 29.00 | 31.00 | 27.50 | 2.074 Mn |
| 17 Fri Dec 2021 | 29.20 | 27.70 | 33.40 | 27.20 | 4.797 Mn |
| 10 Fri Dec 2021 | 27.70 | 22.60 | 28.70 | 22.15 | 4.015 Mn |
| 03 Fri Dec 2021 | 22.55 | 22.00 | 23.10 | 20.35 | 0.901 Mn |
| 26 Fri Nov 2021 | 22.15 | 23.30 | 23.40 | 21.95 | 0.883 Mn |
| 18 Thu Nov 2021 | 23.25 | 24.05 | 24.35 | 22.45 | 1.066 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.
Patel Engg Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 Patel Engg in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 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 29.24 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 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.
Weekly charts
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 34, 7, 67 | Buy |
| MACD | 7, 6 | Buy |
| Stochastics | 76 | Buy |
| CCI | 62 | Sell |
| RSI | 61 | Buy |
| OBV | 37726312 | Sell |
| VWAP | 29 | Buy |
| ADL | 0 | Sell |
| ROC | 25 | Buy |
| Force Index | 0 | Sell |
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