(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 77402
| Date | Closing Price | Open | High | Low | Volume |
| 06 Wed Jul 2022 | 20.90 | 23.15 | 23.15 | 20.80 | 0.225 Mn |
| 01 Fri Jul 2022 | 22.30 | 23.00 | 23.45 | 21.70 | 0.289 Mn |
| 24 Fri Jun 2022 | 23.00 | 20.60 | 23.50 | 19.70 | 0.603 Mn |
| 17 Fri Jun 2022 | 20.85 | 22.70 | 22.95 | 20.20 | 0.558 Mn |
| 10 Fri Jun 2022 | 23.55 | 24.80 | 25.25 | 23.40 | 0.542 Mn |
| 03 Fri Jun 2022 | 25.60 | 23.65 | 26.90 | 23.65 | 1.263 Mn |
| 27 Fri May 2022 | 23.75 | 28.10 | 28.10 | 22.85 | 2.014 Mn |
| 20 Fri May 2022 | 26.80 | 23.15 | 26.80 | 23.15 | 0.855 Mn |
| 13 Fri May 2022 | 22.05 | 22.60 | 23.70 | 20.75 | 0.711 Mn |
| 06 Fri May 2022 | 23.65 | 25.70 | 26.10 | 22.95 | 0.518 Mn |
Indicators analysis of Patel Engg (PatelEngg)
Price action analysis of Patel Engg ( (PatelEngg) ) 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Patel Engg in short term and the sell signal is strong.
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 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 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 23.81 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.
Weekly charts
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 16, 23, 19 | Sell |
| MACD | -1, 0 | Sell |
| Stochastics | 27 | Sell |
| CCI | -81 | Sell |
| RSI | 53 | Buy |
| OBV | -2849057 | Sell |
| VWAP | 24 | Sell |
| ADL | 0 | Sell |
| ROC | -19 | Sell |
| Force Index | 0 | Sell |
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