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(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 2022-04-12 View latest technical analysis

10 day averaged volume of Patel Engg is 215153

Date Daily Closing Price Open High Low Volume
12 Tue Apr 2022 27.45 27.80 28.65 27.15 0.789 times
11 Mon Apr 2022 28.10 28.75 28.90 27.70 0.662 times
08 Fri Apr 2022 27.75 28.25 28.65 27.40 0.676 times
07 Thu Apr 2022 28.20 29.45 29.45 27.85 1.87 times
06 Wed Apr 2022 28.80 28.40 29.00 27.50 1.658 times
05 Tue Apr 2022 27.90 27.70 28.45 27.45 0.875 times
04 Mon Apr 2022 27.15 26.70 27.15 26.70 0.725 times
01 Fri Apr 2022 25.90 25.10 25.90 25.10 0.144 times
31 Thu Mar 2022 24.70 26.00 26.20 24.60 1.652 times
30 Wed Mar 2022 25.85 25.50 26.55 25.35 0.672 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 27.5 as stoploss in an intra day sell trade for a target of 25.89. However, stock will show a bullish move above 27.5.

Share price targets for Patel Engg (PatelEngg)

Target Type Value
Downside Target 20.95
Downside Target 23.15
Downside Target 24.60
Downside Target 25.10
Downside Target 25.95
Downside Target 26.70
Downside Target 27.45
Upside Target 28.90
Upside Target 29.45
Upside Target 31.50
Upside Target 33.70
Upside Target 34.95

Intraday share price targets for Patel Engg (PatelEngg)

Target Type Value
Downside Intraday Target 26.77
Downside Intraday Target 26.08
Upside Intraday Target 28.52
Upside Intraday Target 29.58
Upside Intraday Target 27.83

Weekly technical analysis of Patel Engg (PatelEngg)

Date Weekly Closing Price Open High Low Volume
12 Tue Apr 2022 27.45 28.75 28.90 27.15 0.25 times
08 Fri Apr 2022 27.75 26.70 29.45 26.70 1.414 times
01 Fri Apr 2022 25.90 26.15 27.45 24.60 1.483 times
25 Fri Mar 2022 24.95 25.40 25.40 23.20 1.286 times
17 Thu Mar 2022 24.95 25.25 25.95 23.50 0.99 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
12 Tue Apr 2022 27.45 25.10 29.45 25.10 0.599 times
31 Thu Mar 2022 24.70 25.00 27.45 23.15 1.15 times
28 Mon Feb 2022 25.15 30.40 31.50 23.50 0.411 times
31 Mon Jan 2022 29.95 32.30 33.70 26.95 0.332 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 28, 15, 32 Buy
MACD 1, 0Buy
Stochastics 65None
CCI 32Sell
RSI 58Buy
OBV -595858Sell
VWAP 27Buy
ADL 0Sell
ROC 9Buy
Force Index 0Sell

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 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 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 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 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 but SELL signal is weak.

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

MRSI is in positive zone. This is a BUY 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 27.31 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.

Click here for Patel Engg charts

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Daily charts

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Daily chart

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