(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 1593964
| Date | Closing Price | Open | High | Low | Volume |
| 09 Fri Dec 2022 | 21.50 | 19.30 | 22.20 | 19.00 | 6.486 Mn |
| 02 Fri Dec 2022 | 19.20 | 21.25 | 21.70 | 18.90 | 10.309 Mn |
| 25 Fri Nov 2022 | 21.65 | 22.15 | 22.15 | 21.25 | 0.478 Mn |
| 18 Fri Nov 2022 | 21.90 | 22.90 | 22.90 | 21.30 | 1.003 Mn |
| 11 Fri Nov 2022 | 22.50 | 21.70 | 22.80 | 21.45 | 2.123 Mn |
| 04 Fri Nov 2022 | 21.85 | 22.15 | 22.40 | 21.50 | 0.434 Mn |
| 28 Fri Oct 2022 | 21.90 | 21.60 | 22.20 | 21.20 | 0.317 Mn |
| 21 Fri Oct 2022 | 21.45 | 22.10 | 22.70 | 21.35 | 0.299 Mn |
| 14 Fri Oct 2022 | 22.10 | 22.85 | 23.15 | 21.65 | 0.736 Mn |
| 07 Fri Oct 2022 | 23.25 | 21.00 | 23.50 | 20.75 | 1.494 Mn |
Indicators analysis of Patel Engg (PatelEngg)
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 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 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 mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Patel Engg stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Patel Engg 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.
Patel Engg Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Patel Engg in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 20.75 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 negative.
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 | 13, 23, 28 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 29 | Sell |
| CCI | -103 | Buy |
| RSI | 53 | Buy |
| OBV | 4836238 | Sell |
| VWAP | 21 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
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