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)

Showing technical analysis as on 2022-05-25 View latest technical analysis

10 day averaged volume of Patel Engg is 259257

Date Daily Closing Price Open High Low Volume
25 Wed May 2022 24.55 25.95 26.50 24.55 0.705 times
24 Tue May 2022 25.80 27.85 27.85 25.80 1.32 times
23 Mon May 2022 27.15 28.10 28.10 26.70 3.68 times
20 Fri May 2022 26.80 26.25 26.80 26.15 0.22 times
19 Thu May 2022 25.55 24.30 26.75 24.30 2.742 times
18 Wed May 2022 25.50 25.50 25.50 25.50 0.126 times
17 Tue May 2022 24.30 24.30 24.30 24.30 0.036 times
16 Mon May 2022 23.15 23.15 23.15 23.15 0.176 times
13 Fri May 2022 22.05 21.80 22.05 21.45 0.274 times
12 Thu May 2022 21.00 21.35 21.55 20.75 0.569 times

My analysis of stock is bullish for shortterm, and stock might move up till 26.2 or till 28.4. Use a stoploss of 24.46 and if this stock hits its stoploss, then it can fall down till 22.68

Share price targets for Patel Engg (PatelEngg)

Target Type Value
Downside Target 20.75
Downside Target 22.95
Downside Target 24.55
Upside Target 25.10
Upside Target 26.10
Upside Target 26.80
Upside Target 27.45
Upside Target 27.50
Upside Target 28.10
Upside Target 29.45
Upside Target 31.50
Upside Target 33.70

Intraday share price targets for Patel Engg (PatelEngg)

Target Type Value
Downside Intraday Target 23.37
Downside Intraday Target 22.18
Upside Intraday Target 26.92
Upside Intraday Target 29.28
Upside Intraday Target 25.73

Weekly technical analysis of Patel Engg (PatelEngg)

Date Weekly Closing Price Open High Low Volume
25 Wed May 2022 24.55 28.10 28.10 24.55 1.729 times
20 Fri May 2022 26.80 23.15 26.80 23.15 1.203 times
13 Fri May 2022 22.05 22.60 23.70 20.75 1.373 times
06 Fri May 2022 23.65 25.70 26.10 22.95 0.9 times
29 Fri Apr 2022 25.75 27.45 27.50 25.50 0.488 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Patel Engg (PatelEngg)

Date Monthly Closing Price Open High Low Volume
25 Wed May 2022 24.55 25.70 28.10 20.75 1.006 times
29 Fri Apr 2022 25.75 25.10 29.45 25.10 1.333 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

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 31, 27, 6 Buy
MACD -0, -1Buy
Stochastics 69None
CCI 20Sell
RSI 52Buy
OBV 53042Sell
VWAP 26Sell
ADL 0Sell
ROC 13Buy
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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Patel Engg in short term but the buy signal is initial and weak.

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

Although the stock is in the BUY zone, but buying 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 25.73 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 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