(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 2022-09-05 View latest technical analysis
10 day averaged volume of Patel Engg is 380405
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Sep 2022 | 26.70 | 26.00 | 27.55 | 26.00 | 1.69 times |
| 02 Fri Sep 2022 | 26.25 | 26.30 | 26.75 | 26.05 | 0.321 times |
| 01 Thu Sep 2022 | 26.45 | 26.35 | 26.90 | 26.15 | 0.321 times |
| 30 Tue Aug 2022 | 26.45 | 27.00 | 27.25 | 26.20 | 0.586 times |
| 29 Mon Aug 2022 | 26.50 | 25.00 | 27.30 | 25.00 | 0.94 times |
| 26 Fri Aug 2022 | 26.10 | 26.55 | 26.55 | 25.90 | 0.57 times |
| 25 Thu Aug 2022 | 26.05 | 27.25 | 27.25 | 25.75 | 0.533 times |
| 24 Wed Aug 2022 | 26.80 | 27.90 | 28.15 | 26.40 | 0.475 times |
| 23 Tue Aug 2022 | 27.35 | 28.00 | 28.15 | 27.00 | 0.627 times |
| 22 Mon Aug 2022 | 27.85 | 27.80 | 28.95 | 27.30 | 3.845 times |
My analysis of stock is bullish for shortterm, and stock might move up till 27.4 or till 29. Use a stoploss of 26.06 and if this stock hits its stoploss, then it can fall down till 24.74
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 19.70 |
| Downside Target | 20.55 |
| Downside Target | 23.15 |
| Downside Target | 24.05 |
| Downside Target | 25.00 |
| Downside Target | 25.75 |
| Upside Target | 26.90 |
| Upside Target | 27.55 |
| Upside Target | 28.10 |
| Upside Target | 28.95 |
| Upside Target | 29.30 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 25.95 |
| Downside Intraday Target | 25.2 |
| Upside Intraday Target | 27.5 |
| Upside Intraday Target | 28.3 |
| Upside Intraday Target | 26.75 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Sep 2022 | 26.70 | 26.00 | 27.55 | 26.00 | 0.779 times |
| 02 Fri Sep 2022 | 26.25 | 25.00 | 27.30 | 25.00 | 0.358 times |
| 26 Fri Aug 2022 | 26.10 | 27.80 | 28.95 | 25.75 | 1.965 times |
| 19 Fri Aug 2022 | 28.55 | 24.05 | 29.30 | 24.05 | 1.818 times |
| 12 Fri Aug 2022 | 24.20 | 24.05 | 25.95 | 23.50 | 0.913 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 |
| 05 Mon Sep 2022 | 26.70 | 26.35 | 27.55 | 26.00 | 0.164 times |
| 30 Tue Aug 2022 | 26.45 | 23.15 | 29.30 | 23.15 | 2.892 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 |
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, 18, 14 | Buy |
| MACD | 1, 1 | Sell |
| Stochastics | 35 | None |
| CCI | -3 | Buy |
| RSI | 61 | Buy |
| OBV | -329445 | Sell |
| VWAP | 27 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Patel Engg stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Patel Engg in short term but the sell 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 weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 27.07 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.
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