(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 2022-08-08 View latest technical analysis
10 day averaged volume of Patel Engg is 112131
|Date||Daily Closing Price||Open||High||Low||Volume|
|08 Mon Aug 2022||24.75||24.05||25.00||23.50||1.946 times|
|05 Fri Aug 2022||23.90||24.10||24.65||23.85||0.444 times|
|04 Thu Aug 2022||24.35||24.15||25.00||23.80||1.1 times|
|03 Wed Aug 2022||24.10||25.10||25.15||23.85||1.373 times|
|02 Tue Aug 2022||25.10||24.65||25.50||24.10||0.93 times|
|01 Mon Aug 2022||24.40||23.15||24.40||23.15||2.45 times|
|29 Fri Jul 2022||23.25||24.00||24.00||22.90||0.838 times|
|28 Thu Jul 2022||23.45||22.40||23.50||22.40||1.041 times|
|27 Wed Jul 2022||22.40||22.55||22.95||22.00||0.638 times|
|26 Tue Jul 2022||22.65||23.90||23.90||22.40||0.475 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 24.2, but if it comes below 24.2, then a intra day sell could be more profitable.
If you take a sell trade below 24.2, then use 24.2 as stoploss and 23.43 as target. However if you take a buy trade in stock , then use 24.2 as stoploss and 25.2 as target.
Share price targets for Patel Engg (PatelEngg)
Intraday share price targets for Patel Engg (PatelEngg)
|Downside Intraday Target||23.83|
|Downside Intraday Target||22.92|
|Upside Intraday Target||25.33|
|Upside Intraday Target||25.92|
|Downside Intraday Target||24.42|
Weekly technical analysis of Patel Engg (PatelEngg)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|08 Mon Aug 2022||24.75||24.05||25.00||23.50||0.309 times|
|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|
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|
|08 Mon Aug 2022||24.75||23.15||25.50||23.15||0.495 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||20, 10, 33||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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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.
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 green color and prices are above the green 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 24.1 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
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.