(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 2022-09-09 View latest technical analysis
10 day averaged volume of Patel Engg is 1011664
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Sep 2022 | 26.80 | 27.40 | 27.90 | 26.70 | 3.367 times |
| 08 Thu Sep 2022 | 26.90 | 27.00 | 27.30 | 26.60 | 3.661 times |
| 07 Wed Sep 2022 | 26.40 | 26.75 | 26.95 | 26.15 | 4.15 times |
| 06 Tue Sep 2022 | 26.75 | 26.75 | 27.15 | 26.50 | 0.324 times |
| 05 Mon Sep 2022 | 26.70 | 26.00 | 27.55 | 26.00 | 0.635 times |
| 02 Fri Sep 2022 | 26.25 | 26.30 | 26.75 | 26.05 | 0.121 times |
| 01 Thu Sep 2022 | 26.45 | 26.35 | 26.90 | 26.15 | 0.121 times |
| 30 Tue Aug 2022 | 26.45 | 27.00 | 27.25 | 26.20 | 0.22 times |
| 29 Mon Aug 2022 | 26.50 | 25.00 | 27.30 | 25.00 | 0.353 times |
| 26 Fri Aug 2022 | 26.10 | 26.55 | 26.55 | 25.90 | 0.214 times |
Stock of Patel Engg (PatelEngg) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 27.5 or till 28.8. Use a stoploss of 26.52 and if this stock hits its stoploss, then it can fall down till 25.49
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 | 27.90 |
| 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 | 25.9 |
| Downside Intraday Target | 25 |
| Upside Intraday Target | 27.8 |
| Upside Intraday Target | 28.8 |
| Upside Intraday Target | 26.9 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Sep 2022 | 26.80 | 26.00 | 27.90 | 26.00 | 14.884 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, 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 |
| 09 Fri Sep 2022 | 26.80 | 26.35 | 27.90 | 26.00 | 2.317 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, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Patel Engg (PatelEngg)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 25, 16, 22 | Buy |
| MACD | 1, 1 | Sell |
| Stochastics | 60 | None |
| CCI | 144 | Buy |
| RSI | 60 | Buy |
| OBV | -4041157 | Sell |
| VWAP | 27 | Buy |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| 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 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 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 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 Strong 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 26.66 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.
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