(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)
10 day averaged volume of Patel Engg is 845670
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 64.37 | 63.93 | 65.90 | 63.80 | 1.91 times |
| 23 Tue Apr 2024 | 63.69 | 64.10 | 64.69 | 62.55 | 1.049 times |
| 22 Mon Apr 2024 | 62.84 | 60.11 | 63.78 | 60.11 | 2.463 times |
| 19 Fri Apr 2024 | 59.01 | 57.89 | 59.30 | 56.87 | 0.602 times |
| 18 Thu Apr 2024 | 58.75 | 60.26 | 60.90 | 58.10 | 0.476 times |
| 16 Tue Apr 2024 | 59.44 | 57.41 | 60.00 | 57.20 | 1.037 times |
| 15 Mon Apr 2024 | 58.01 | 58.10 | 59.20 | 56.84 | 0.659 times |
| 12 Fri Apr 2024 | 60.74 | 60.00 | 62.25 | 59.87 | 1.531 times |
| 10 Wed Apr 2024 | 59.56 | 60.04 | 60.95 | 58.91 | 0.562 times |
| 09 Tue Apr 2024 | 59.88 | 61.17 | 61.37 | 59.40 | 0.795 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 62.7, but if it comes below 62.7, then a intra day sell could be more profitable.
If you take a sell trade below 62.7, then use 62.7 as stoploss and 60.29 as target. However if you take a buy trade in stock , then use 62.7 as stoploss and 65.7 as target.
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 48.61 |
| Downside Target | 51.00 |
| Downside Target | 55.98 |
| Downside Target | 62.86 |
| Downside Target | 64.10 |
| Upside Target | 65.10 |
| Upside Target | 65.90 |
| Upside Target | 69.74 |
| Upside Target | 70.74 |
| Upside Target | 71.50 |
| Upside Target | 79.00 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 61.02 |
| Downside Intraday Target | 57.67 |
| Upside Intraday Target | 66.81 |
| Upside Intraday Target | 69.25 |
| Downside Intraday Target | 63.46 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 64.37 | 60.11 | 65.90 | 60.11 | 1.954 times |
| 19 Fri Apr 2024 | 59.01 | 58.10 | 60.90 | 56.84 | 0.747 times |
| 12 Fri Apr 2024 | 60.74 | 62.83 | 62.86 | 58.91 | 0.556 times |
| 05 Fri Apr 2024 | 62.10 | 57.39 | 65.10 | 57.39 | 2.293 times |
| 28 Thu Mar 2024 | 56.95 | 56.82 | 59.00 | 55.98 | 0.576 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 |
| 24 Wed Apr 2024 | 64.37 | 57.39 | 65.90 | 56.84 | 0.658 times |
| 28 Thu Mar 2024 | 56.95 | 68.99 | 71.50 | 51.00 | 0.789 times |
| 29 Thu Feb 2024 | 68.05 | 70.18 | 79.00 | 64.10 | 1.416 times |
| 31 Wed Jan 2024 | 68.97 | 62.14 | 70.74 | 58.20 | 0.61 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)
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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 BUY signal for Patel Engg in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Patel Engg Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 61.53 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.
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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 BUY signal for Patel Engg in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Patel Engg Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 61.53 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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