(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 1396321
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 59.25 | 58.21 | 59.74 | 58.16 | 1.867 times |
| 02 Thu May 2024 | 57.79 | 58.20 | 58.69 | 57.34 | 1.578 times |
| 30 Tue Apr 2024 | 57.66 | 57.11 | 59.96 | 56.54 | 3.041 times |
| 29 Mon Apr 2024 | 63.39 | 65.29 | 65.70 | 63.13 | 0.278 times |
| 26 Fri Apr 2024 | 64.55 | 65.45 | 65.45 | 64.08 | 0.309 times |
| 25 Thu Apr 2024 | 65.03 | 64.74 | 66.19 | 64.00 | 0.859 times |
| 24 Wed Apr 2024 | 64.37 | 63.93 | 65.90 | 63.80 | 1.157 times |
| 23 Tue Apr 2024 | 63.69 | 64.10 | 64.69 | 62.55 | 0.635 times |
| 22 Mon Apr 2024 | 62.84 | 60.11 | 63.78 | 60.11 | 1.492 times |
| 19 Fri Apr 2024 | 59.01 | 57.89 | 59.30 | 56.87 | 0.365 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 58.8 as stoploss in an intra day buy trade for a target of 61.17. However, stock will show a bearish move below 58.8.
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 51.00 |
| Downside Target | 56.54 |
| Upside Target | 62.86 |
| Upside Target | 64.10 |
| Upside Target | 65.10 |
| Upside Target | 65.70 |
| Upside Target | 66.19 |
| 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 | 55.29 |
| Downside Intraday Target | 51.34 |
| Upside Intraday Target | 64.45 |
| Upside Intraday Target | 69.66 |
| Upside Intraday Target | 60.5 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 59.25 | 65.29 | 65.70 | 56.54 | 1.52 times |
| 26 Fri Apr 2024 | 64.55 | 60.11 | 66.19 | 60.11 | 2.649 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 |
Price has moved down 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 |
| 03 Fri May 2024 | 59.25 | 58.20 | 59.74 | 57.34 | 0.219 times |
| 30 Tue Apr 2024 | 57.66 | 57.39 | 66.19 | 56.54 | 0.921 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 |
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 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 short 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Patel Engg in short term and the sell signal is strong.
Patel Engg Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 60.51 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 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 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 short 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Patel Engg in short term and the sell signal is strong.
Patel Engg Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 60.51 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 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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