Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 1078627

Date Daily Closing Price Open High Low Volume
05 Mon Dec 2022 19.25 19.30 19.40 19.00 0.594 times
02 Fri Dec 2022 19.20 19.50 19.85 18.90 3.299 times
01 Thu Dec 2022 19.55 20.05 20.10 19.40 2.783 times
30 Wed Nov 2022 20.00 20.65 20.65 19.90 0.374 times
29 Tue Nov 2022 20.35 20.70 20.90 20.20 0.264 times
28 Mon Nov 2022 20.85 21.25 21.70 20.65 2.838 times
25 Fri Nov 2022 21.65 21.95 21.95 21.45 0.139 times
24 Thu Nov 2022 21.50 21.85 22.05 21.35 0.095 times
23 Wed Nov 2022 21.40 21.55 21.80 21.25 0.094 times
22 Tue Nov 2022 21.50 21.35 21.85 21.35 0.052 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 19.1, for a target of 20.2 or 21.21

Share price targets for Patel Engg (PatelEngg)

Target Type Value
Downside Target 18.90
Upside Target 19.40
Upside Target 19.90
Upside Target 20.75
Upside Target 22.15
Upside Target 22.80
Upside Target 22.90
Upside Target 23.15
Upside Target 23.50
Upside Target 27.90
Upside Target 29.30

Intraday share price targets for Patel Engg (PatelEngg)

Target Type Value
Downside Intraday Target 19.03
Downside Intraday Target 18.82
Upside Intraday Target 19.43
Upside Intraday Target 19.62
Downside Intraday Target 19.22

Weekly technical analysis of Patel Engg (PatelEngg)

Date Weekly Closing Price Open High Low Volume
05 Mon Dec 2022 19.25 19.30 19.40 19.00 0.062 times
02 Fri Dec 2022 19.20 21.25 21.70 18.90 21.579 times
25 Fri Nov 2022 21.65 22.15 22.15 21.25 0.476 times
18 Fri Nov 2022 21.90 22.90 22.90 21.30 0.473 times
11 Fri Nov 2022 22.50 21.70 22.80 21.45 4.892 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
05 Mon Dec 2022 19.25 20.05 20.10 18.90 0.936 times
30 Wed Nov 2022 20.00 22.00 22.90 19.90 2.619 times
31 Mon Oct 2022 22.00 21.00 23.50 20.75 0.162 times
30 Fri Sep 2022 21.00 26.35 27.90 20.90 3.357 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)

Indicator Name Indicator Value Indicator Signal
ADX 7, 33, 64 Sell
MACD -1, -1Sell
Stochastics 9Sell
CCI -110Sell
RSI 52Buy
OBV -8544760Sell
VWAP 20Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

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 SELL signal for Patel Engg in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 19.88 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.

Click here for Patel Engg charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme