(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 149020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 24.20 | 24.50 | 24.60 | 24.10 | 0.476 times |
| 11 Thu Aug 2022 | 24.30 | 24.90 | 25.00 | 24.10 | 0.884 times |
| 10 Wed Aug 2022 | 24.55 | 25.65 | 25.95 | 24.25 | 1.5 times |
| 08 Mon Aug 2022 | 24.75 | 24.05 | 25.00 | 23.50 | 1.464 times |
| 05 Fri Aug 2022 | 23.90 | 24.10 | 24.65 | 23.85 | 0.334 times |
| 04 Thu Aug 2022 | 24.35 | 24.15 | 25.00 | 23.80 | 0.828 times |
| 03 Wed Aug 2022 | 24.10 | 25.10 | 25.15 | 23.85 | 1.033 times |
| 02 Tue Aug 2022 | 25.10 | 24.65 | 25.50 | 24.10 | 0.7 times |
| 01 Mon Aug 2022 | 24.40 | 23.15 | 24.40 | 23.15 | 1.843 times |
| 30 Sat Jul 2022 | 23.25 | 24.00 | 24.00 | 22.90 | 0.63 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 24.5 as stoploss in an intra day sell trade for a target of 23.67. However, stock will show a bullish move above 24.5.
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 19.70 |
| Downside Target | 20.55 |
| Downside Target | 22.00 |
| Downside Target | 23.15 |
| Upside Target | 24.35 |
| Upside Target | 25.10 |
| Upside Target | 25.50 |
| Upside Target | 25.95 |
| Upside Target | 26.90 |
| Upside Target | 28.10 |
| Upside Target | 29.45 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 23.15 |
| Downside Intraday Target | 22.1 |
| Upside Intraday Target | 25.6 |
| Upside Intraday Target | 27 |
| Upside Intraday Target | 24.55 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 15 Fri Jul 2022 | 22.20 | 21.85 | 23.85 | 20.90 | 1.023 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 |
| 12 Fri Aug 2022 | 24.20 | 23.15 | 25.95 | 23.15 | 0.723 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 | 22, 9, 43 | Buy |
| MACD | 1, 1 | Buy |
| Stochastics | 54 | None |
| CCI | -6 | Sell |
| RSI | 60 | Buy |
| OBV | -96455 | Sell |
| VWAP | 24 | Sell |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Patel Engg in short term and the buy signal is strong.
Patel Engg Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 24.38 and Patel Engg (PatelEngg) stock is trading below this level. This means that stock is falling with high volumes. 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.
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