(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 2022-07-19 View latest technical analysis
10 day averaged volume of Patel Engg is 108860
|Date||Daily Closing Price||Open||High||Low||Volume|
|19 Tue Jul 2022||23.45||23.00||23.55||22.20||0.92 times|
|18 Mon Jul 2022||22.55||22.90||22.90||22.00||0.578 times|
|15 Fri Jul 2022||22.20||22.75||22.75||21.80||0.405 times|
|14 Thu Jul 2022||22.35||23.80||23.85||22.35||1.506 times|
|13 Wed Jul 2022||23.50||22.90||23.50||22.65||1.633 times|
|12 Tue Jul 2022||22.40||21.55||22.40||21.40||0.765 times|
|11 Mon Jul 2022||21.35||21.85||21.85||20.90||0.512 times|
|08 Fri Jul 2022||21.20||21.90||21.90||20.85||1.2 times|
|07 Thu Jul 2022||21.20||20.55||21.45||20.55||1.445 times|
|06 Wed Jul 2022||20.90||21.80||21.90||20.80||1.109 times|
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 23.7, for a target of 22.9 or 22.2
Share price targets for Patel Engg (PatelEngg)
Intraday share price targets for Patel Engg (PatelEngg)
|Downside Intraday Target||22.45|
|Downside Intraday Target||21.45|
|Upside Intraday Target||24|
|Upside Intraday Target||24.55|
|Downside Intraday Target||23|
Weekly technical analysis of Patel Engg (PatelEngg)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|19 Tue Jul 2022||23.45||22.90||23.55||22.00||0.311 times|
|15 Fri Jul 2022||22.20||21.85||23.85||20.90||1.023 times|
|08 Fri Jul 2022||21.20||23.15||23.15||20.55||1.777 times|
|01 Fri Jul 2022||22.30||23.00||23.45||21.70||0.479 times|
|24 Fri Jun 2022||23.00||20.60||23.50||19.70||1.081 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|
|19 Tue Jul 2022||23.45||21.85||23.85||20.55||0.46 times|
|30 Thu Jun 2022||21.85||25.15||26.90||19.70||0.591 times|
|31 Tue May 2022||25.30||25.70||28.10||20.75||1.278 times|
|29 Fri Apr 2022||25.75||25.10||29.45||25.10||1.333 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||29, 16, 29||Buy|
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short 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
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining momentum.
MACD generated a BUY signal for Patel Engg in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Patel Engg in short term and BUY 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
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 22.13 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.