(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 2022-07-30 View latest technical analysis
10 day averaged volume of Patel Engg is 75009
|Date||Daily Closing Price||Open||High||Low||Volume|
|29 Fri Jul 2022||23.25||24.00||24.00||22.90||1.252 times|
|28 Thu Jul 2022||23.45||22.40||23.50||22.40||1.556 times|
|27 Wed Jul 2022||22.40||22.55||22.95||22.00||0.953 times|
|26 Tue Jul 2022||22.65||23.90||23.90||22.40||0.709 times|
|25 Mon Jul 2022||23.25||24.35||24.35||22.90||1.065 times|
|22 Fri Jul 2022||23.70||23.90||24.20||23.40||0.527 times|
|21 Thu Jul 2022||23.45||23.00||24.00||23.00||1.143 times|
|20 Wed Jul 2022||23.45||23.70||23.90||22.90||1.286 times|
|19 Tue Jul 2022||23.45||23.00||23.55||22.20||1.335 times|
|18 Mon Jul 2022||22.55||22.90||22.90||22.00||0.839 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 23.4 as stoploss in an intra day sell trade for a target of 22.54. However, stock will show a bullish move above 23.4.
Share price targets for Patel Engg (PatelEngg)
Intraday share price targets for Patel Engg (PatelEngg)
|Downside Intraday Target||22.05|
|Downside Intraday Target||20.85|
|Upside Intraday Target||24.4|
|Upside Intraday Target||25.55|
|Downside Intraday Target||23.2|
Weekly technical analysis of Patel Engg (PatelEngg)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|29 Fri Jul 2022||23.25||24.35||24.35||22.00||1.079 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|
|29 Fri Jul 2022||23.25||21.85||24.35||20.55||0.699 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
Indicators analysis of Patel Engg (PatelEngg)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||25, 16, 22||Buy|
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short 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 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 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 gaining 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. Bears are weakening, and bulls 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 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 23.2 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