(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 2022-09-12 View latest technical analysis
10 day averaged volume of Patel Engg is 1332001
|Date||Daily Closing Price||Open||High||Low||Volume|
|12 Mon Sep 2022||26.30||26.85||27.20||26.25||0.156 times|
|09 Fri Sep 2022||26.80||27.40||27.90||26.70||2.557 times|
|08 Thu Sep 2022||26.90||27.00||27.30||26.60||2.78 times|
|07 Wed Sep 2022||26.40||26.75||26.95||26.15||3.152 times|
|06 Tue Sep 2022||26.75||26.75||27.15||26.50||0.246 times|
|05 Mon Sep 2022||26.70||26.00||27.55||26.00||0.483 times|
|02 Fri Sep 2022||26.25||26.30||26.75||26.05||0.092 times|
|01 Thu Sep 2022||26.45||26.35||26.90||26.15||0.092 times|
|30 Tue Aug 2022||26.45||27.00||27.25||26.20||0.167 times|
|29 Mon Aug 2022||26.50||25.00||27.30||25.00||0.268 times|
My analysis of stock is bearish for shortterm, and stock might move down till 25.7 or till 24.7. Use a stoploss of 26.62 and if the stock hits stoploss, then it can shoot up till 27.51
Share price targets for Patel Engg (PatelEngg)
Intraday share price targets for Patel Engg (PatelEngg)
|Downside Intraday Target||25.97|
|Downside Intraday Target||25.63|
|Upside Intraday Target||26.92|
|Upside Intraday Target||27.53|
|Upside Intraday Target||26.58|
Weekly technical analysis of Patel Engg (PatelEngg)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|12 Mon Sep 2022||26.30||26.85||27.20||26.25||0.017 times|
|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|
Price has moved down 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|
|12 Mon Sep 2022||26.30||26.35||27.90||26.00||2.356 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 down 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||23, 19, 9||Buy|
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 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 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 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. 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 SELL signal for Patel Engg in short term and SELL 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
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 26.67 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.