(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 2022-08-05 View latest technical analysis
10 day averaged volume of Patel Engg is 111108
|Date||Daily Closing Price||Open||High||Low||Volume|
|05 Fri Aug 2022||23.90||24.10||24.65||23.85||0.448 times|
|04 Thu Aug 2022||24.35||24.15||25.00||23.80||1.11 times|
|03 Wed Aug 2022||24.10||25.10||25.15||23.85||1.386 times|
|02 Tue Aug 2022||25.10||24.65||25.50||24.10||0.939 times|
|01 Mon Aug 2022||24.40||23.15||24.40||23.15||2.472 times|
|29 Fri Jul 2022||23.25||24.00||24.00||22.90||0.845 times|
|28 Thu Jul 2022||23.45||22.40||23.50||22.40||1.051 times|
|27 Wed Jul 2022||22.40||22.55||22.95||22.00||0.644 times|
|26 Tue Jul 2022||22.65||23.90||23.90||22.40||0.479 times|
|25 Mon Jul 2022||23.25||24.35||24.35||22.90||0.719 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 24.1 as stoploss in an intra day sell trade for a target of 23.26. However, stock will show a bullish move above 24.1.
Share price targets for Patel Engg (PatelEngg)
Intraday share price targets for Patel Engg (PatelEngg)
|Downside Intraday Target||22.87|
|Downside Intraday Target||21.83|
|Upside Intraday Target||25.22|
|Upside Intraday Target||26.53|
|Upside Intraday Target||24.18|
Weekly technical analysis of Patel Engg (PatelEngg)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|05 Fri Aug 2022||23.90||23.15||25.50||23.15||1.7 times|
|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|
Price has moved up 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|
|05 Fri Aug 2022||23.90||23.15||25.50||23.15||0.378 times|
|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|
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||23, 11, 35||Buy|
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 green color and prices are above the green 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 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 23.91 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.