(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 1506415
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 56.30 | 55.70 | 56.65 | 55.30 | 0.163 times |
| 13 Mon May 2024 | 55.38 | 56.91 | 56.91 | 54.19 | 0.254 times |
| 10 Fri May 2024 | 55.96 | 55.99 | 56.50 | 53.55 | 0.623 times |
| 09 Thu May 2024 | 55.06 | 57.35 | 57.39 | 54.85 | 0.659 times |
| 08 Wed May 2024 | 56.97 | 55.61 | 58.00 | 55.50 | 0.84 times |
| 07 Tue May 2024 | 55.58 | 57.72 | 57.75 | 54.50 | 0.504 times |
| 06 Mon May 2024 | 57.73 | 59.12 | 59.75 | 57.05 | 0.851 times |
| 03 Fri May 2024 | 59.25 | 58.21 | 59.74 | 58.16 | 1.731 times |
| 02 Thu May 2024 | 57.79 | 58.20 | 58.69 | 57.34 | 1.463 times |
| 30 Tue Apr 2024 | 57.66 | 57.11 | 59.96 | 56.54 | 2.819 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 56 as stoploss in an intra day buy trade for a target of 59.34. However, stock will show a bearish move below 56.
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 51.00 |
| Downside Target | 53.55 |
| Upside Target | 56.54 |
| Upside Target | 58.20 |
| Upside Target | 59.75 |
| Upside Target | 64.10 |
| Upside Target | 65.70 |
| Upside Target | 66.19 |
| Upside Target | 70.74 |
| Upside Target | 71.50 |
| Upside Target | 79.00 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 54.69 |
| Downside Intraday Target | 53.08 |
| Upside Intraday Target | 57.41 |
| Upside Intraday Target | 58.52 |
| Downside Intraday Target | 55.8 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 56.30 | 56.91 | 56.91 | 54.19 | 0.12 times |
| 10 Fri May 2024 | 55.96 | 59.12 | 59.75 | 53.55 | 0.555 times |
| 03 Fri May 2024 | 59.25 | 65.29 | 65.70 | 56.54 | 1.52 times |
| 26 Fri Apr 2024 | 64.55 | 60.11 | 66.19 | 60.11 | 2.649 times |
| 19 Fri Apr 2024 | 59.01 | 58.10 | 60.90 | 56.84 | 0.747 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 |
| 14 Tue May 2024 | 56.30 | 58.20 | 59.75 | 53.55 | 0.486 times |
| 30 Tue Apr 2024 | 57.66 | 57.39 | 66.19 | 56.54 | 0.921 times |
| 28 Thu Mar 2024 | 56.95 | 68.99 | 71.50 | 51.00 | 0.789 times |
| 29 Thu Feb 2024 | 68.05 | 70.18 | 79.00 | 64.10 | 1.416 times |
Scroll below to view daily charts
Price has moved down 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)
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 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 Strong and stock is losing 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 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Patel Engg is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 57.44 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.
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 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 Strong and stock is losing 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 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Patel Engg is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 57.44 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.
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