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(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 2022-09-06 View latest technical analysis

10 day averaged volume of Patel Engg is 376900

Date Daily Closing Price Open High Low Volume
06 Tue Sep 2022 26.75 26.75 27.15 26.50 0.868 times
05 Mon Sep 2022 26.70 26.00 27.55 26.00 1.705 times
02 Fri Sep 2022 26.25 26.30 26.75 26.05 0.324 times
01 Thu Sep 2022 26.45 26.35 26.90 26.15 0.324 times
30 Tue Aug 2022 26.45 27.00 27.25 26.20 0.592 times
29 Mon Aug 2022 26.50 25.00 27.30 25.00 0.948 times
26 Fri Aug 2022 26.10 26.55 26.55 25.90 0.575 times
25 Thu Aug 2022 26.05 27.25 27.25 25.75 0.538 times
24 Wed Aug 2022 26.80 27.90 28.15 26.40 0.479 times
23 Tue Aug 2022 27.35 28.00 28.15 27.00 0.633 times

My analysis of stock is bullish for shortterm, and stock might move up till 27.5 or till 29. Use a stoploss of 26.18 and if this stock hits its stoploss, then it can fall down till 24.91

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 25.98
Downside Intraday Target 25.22
Upside Intraday Target 27.53
Upside Intraday Target 28.32
Upside Intraday Target 26.77

Weekly technical analysis of Patel Engg (PatelEngg)

Date Weekly Closing Price Open High Low Volume
06 Tue Sep 2022 26.75 26.00 27.55 26.00 1.176 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
06 Tue Sep 2022 26.75 26.35 27.55 26.00 0.225 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 22, 17, 13 Buy
MACD 1, 1Sell
Stochastics 43None
CCI 33Buy
RSI 58Buy
OBV 151822Sell
VWAP 27Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 losing 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 and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 26.59 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 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.

Click here for Patel Engg charts

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Daily charts

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Daily chart

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