(PatelEngg) Patel Engg complete technical analysis [charts+indicators] | Buy/Sell Patel Engg | (PatelEngg) share price targets
Complete technical analysis of Patel Engg (PatelEngg) by charts plus indicators, forecast predictions and share price targets for Patel Engg (PatelEngg)
10 day averaged volume of Patel Engg is 132133
|Date||Daily Closing Price||Open||High||Low||Volume|
|18 Thu Aug 2022||27.95||27.70||27.95||26.85||1.877 times|
|17 Wed Aug 2022||26.65||26.30||26.65||25.90||0.421 times|
|16 Tue Aug 2022||25.40||24.05||25.40||24.05||1.437 times|
|12 Fri Aug 2022||24.20||24.50||24.60||24.10||0.536 times|
|11 Thu Aug 2022||24.30||24.90||25.00||24.10||0.997 times|
|10 Wed Aug 2022||24.55||25.65||25.95||24.25||1.691 times|
|08 Mon Aug 2022||24.75||24.05||25.00||23.50||1.652 times|
|05 Fri Aug 2022||23.90||24.10||24.65||23.85||0.376 times|
|04 Thu Aug 2022||24.35||24.15||25.00||23.80||0.934 times|
|03 Wed Aug 2022||24.10||25.10||25.15||23.85||1.165 times|
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 27.1, for a target of 25.5 or 24.26
Share price targets for Patel Engg (PatelEngg)
Intraday share price targets for Patel Engg (PatelEngg)
|Downside Intraday Target||25.35|
|Downside Intraday Target||22.75|
|Upside Intraday Target||29.25|
|Upside Intraday Target||30.55|
|Downside Intraday Target||26.65|
Weekly technical analysis of Patel Engg (PatelEngg)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|18 Thu Aug 2022||27.95||24.05||27.95||24.05||0.766 times|
|12 Fri Aug 2022||24.20||24.05||25.95||23.50||0.913 times|
|05 Fri Aug 2022||23.90||23.15||25.50||23.15||1.7 times|
|30 Sat Jul 2022||23.25||24.35||24.35||22.00||1.079 times|
|22 Fri Jul 2022||23.70||22.90||24.20||22.00||0.733 times|
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Patel Engg (PatelEngg)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|18 Thu Aug 2022||27.95||23.15||27.95||23.15||0.987 times|
|30 Sat Jul 2022||23.25||21.85||24.35||20.55||0.699 times|
|30 Thu Jun 2022||21.85||25.15||26.90||19.70||0.576 times|
|31 Tue May 2022||25.30||25.70||28.10||20.75||1.312 times|
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Patel Engg (PatelEngg)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||42, 6, 75||Buy|
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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
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.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 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 25.22 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.