(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)
Showing technical analysis as on 2021-11-26 View latest technical analysis
10 day averaged volume of Patel Engg is 194564
|Date||Daily Closing Price||Open||High||Low||Volume|
|26 Fri Nov 2021||22.15||22.65||23.00||22.05||1.522 times|
|25 Thu Nov 2021||23.15||23.35||23.35||22.40||0.831 times|
|24 Wed Nov 2021||22.85||22.55||23.40||22.55||0.785 times|
|23 Tue Nov 2021||22.60||22.30||23.20||22.25||0.555 times|
|22 Mon Nov 2021||22.15||23.30||23.30||21.95||0.846 times|
|18 Thu Nov 2021||23.25||23.30||23.90||22.45||2.197 times|
|17 Wed Nov 2021||23.40||23.50||23.95||23.25||0.981 times|
|16 Tue Nov 2021||23.55||23.60||24.20||23.15||1.173 times|
|15 Mon Nov 2021||23.60||24.05||24.35||23.50||1.13 times|
|12 Fri Nov 2021||24.30||24.25||24.85||24.25||1.023 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 21.9, for a target of 22.9 or 23.81
Share price targets for Patel Engg (PatelEngg)
Intraday share price targets for Patel Engg (PatelEngg)
|Downside Intraday Target||21.6|
|Downside Intraday Target||21.05|
|Upside Intraday Target||23.05|
|Upside Intraday Target||23.95|
|Upside Intraday Target||22.5|
Weekly technical analysis of Patel Engg (PatelEngg)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|26 Fri Nov 2021||22.15||23.30||23.40||21.95||0.828 times|
|18 Thu Nov 2021||23.25||24.05||24.35||22.45||0.897 times|
|12 Fri Nov 2021||24.30||24.80||25.65||23.65||0.705 times|
|04 Thu Nov 2021||24.50||23.50||26.30||23.50||1.094 times|
|29 Fri Oct 2021||23.95||25.00||26.55||22.75||0.675 times|
Price has moved down 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|
|26 Fri Nov 2021||22.15||23.50||26.30||21.95||0.215 times|
|29 Fri Oct 2021||23.95||20.90||31.70||19.70||1.672 times|
|30 Thu Sep 2021||20.80||15.85||21.45||15.10||0.624 times|
|31 Tue Aug 2021||15.70||15.10||19.25||13.82||2.966 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||12, 21, 30||Sell|
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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Patel Engg in short term but the sell signal is initial and weak.
Patel Engg Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 but buying is losing 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 23.12 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.