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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)

10 day averaged volume of Patel Engg is 1239615

Date Daily Closing Price Open High Low Volume
13 Thu Jun 2024 65.93 67.15 67.68 65.36 1.008 times
12 Wed Jun 2024 66.58 63.60 67.44 63.19 1.326 times
11 Tue Jun 2024 63.10 61.20 64.80 60.35 1.088 times
10 Mon Jun 2024 60.39 61.12 61.74 59.78 0.385 times
07 Fri Jun 2024 59.97 59.36 60.80 58.25 1.24 times
06 Thu Jun 2024 59.36 57.25 59.70 57.25 1.217 times
05 Wed Jun 2024 57.05 55.89 57.33 52.44 0.414 times
04 Tue Jun 2024 54.41 62.20 62.40 50.23 1.917 times
03 Mon Jun 2024 62.18 64.98 64.98 62.00 1.373 times
31 Fri May 2024 61.82 60.60 62.09 58.85 0.528 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 64, but if it comes below 64, then a intra day sell could be more profitable.
If you take a sell trade below 64, then use 64 as stoploss and 61.06 as target. However if you take a buy trade in stock , then use 64 as stoploss and 67.5 as target.

Share price targets for Patel Engg (PatelEngg)

Target Type Value
Downside Target 50.23
Downside Target 53.55
Downside Target 56.54
Downside Target 58.85
Downside Target 61.10
Downside Target 63.68
Upside Target 65.95
Upside Target 66.19
Upside Target 67.68
Upside Target 71.50
Upside Target 79.00

Intraday share price targets for Patel Engg (PatelEngg)

Target Type Value
Downside Intraday Target 61.25
Downside Intraday Target 56.56
Upside Intraday Target 69.15
Upside Intraday Target 72.36
Downside Intraday Target 64.46

Weekly technical analysis of Patel Engg (PatelEngg)

Date Weekly Closing Price Open High Low Volume
13 Thu Jun 2024 65.93 61.12 67.68 59.78 0.618 times
07 Fri Jun 2024 59.97 64.98 64.98 50.23 1.515 times
31 Fri May 2024 61.82 62.99 63.68 58.85 0.698 times
24 Fri May 2024 62.54 65.70 65.95 61.10 2.638 times
18 Sat May 2024 58.59 56.91 58.90 54.19 0.522 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
13 Thu Jun 2024 65.93 64.98 67.68 50.23 0.493 times
31 Fri May 2024 61.82 58.20 65.95 53.55 1.139 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

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 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 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 BUY signal for Patel Engg in short term and the buy signal is strong.

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 green color and prices are above 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 SELL signal in short term but selling 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 60.9 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 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 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 BUY signal for Patel Engg in short term and the buy signal is strong.

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 green color and prices are above 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 SELL signal in short term but selling 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 60.9 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.

Click here for Patel Engg charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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