(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 2022-07-27 View latest technical analysis
10 day averaged volume of Patel Engg is 90354
|Date||Daily Closing Price||Open||High||Low||Volume|
|27 Wed Jul 2022||22.40||22.55||22.95||22.00||0.791 times|
|26 Tue Jul 2022||22.65||23.90||23.90||22.40||0.589 times|
|25 Mon Jul 2022||23.25||24.35||24.35||22.90||0.884 times|
|22 Fri Jul 2022||23.70||23.90||24.20||23.40||0.437 times|
|21 Thu Jul 2022||23.45||23.00||24.00||23.00||0.949 times|
|20 Wed Jul 2022||23.45||23.70||23.90||22.90||1.067 times|
|19 Tue Jul 2022||23.45||23.00||23.55||22.20||1.108 times|
|18 Mon Jul 2022||22.55||22.90||22.90||22.00||0.696 times|
|15 Fri Jul 2022||22.20||22.75||22.75||21.80||0.487 times|
|14 Thu Jul 2022||22.35||23.80||23.85||22.35||1.815 times|
My analysis of stock is bearish for shortterm, and stock might move down till 21.6 or till 20.6. Use a stoploss of 22.41 and if the stock hits stoploss, then it can shoot up till 23.25
Share price targets for Patel Engg (PatelEngg)
Intraday share price targets for Patel Engg (PatelEngg)
|Downside Intraday Target||21.48|
|Downside Intraday Target||20.57|
|Upside Intraday Target||23.83|
|Upside Intraday Target||25.27|
|Upside Intraday Target||22.92|
Weekly technical analysis of Patel Engg (PatelEngg)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|27 Wed Jul 2022||22.40||24.35||24.35||22.00||0.532 times|
|22 Fri Jul 2022||23.70||22.90||24.20||22.00||0.733 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|
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|
|27 Wed Jul 2022||22.40||21.85||24.35||20.55||0.62 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||19, 19, 0||Sell|
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 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 SELL. 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 and the buying is gaining 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 22.93 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.