(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 2024-02-29 View latest technical analysis
10 day averaged volume of Patel Engg is 1076533
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 68.05 | 66.05 | 68.90 | 65.20 | 0.489 times |
| 28 Wed Feb 2024 | 66.03 | 72.00 | 72.00 | 65.38 | 0.939 times |
| 27 Tue Feb 2024 | 70.88 | 74.15 | 74.99 | 70.65 | 0.596 times |
| 26 Mon Feb 2024 | 73.83 | 70.83 | 74.50 | 70.50 | 2.679 times |
| 23 Fri Feb 2024 | 70.78 | 71.12 | 73.30 | 70.25 | 0.69 times |
| 22 Thu Feb 2024 | 70.64 | 71.06 | 72.50 | 68.85 | 0.568 times |
| 21 Wed Feb 2024 | 70.81 | 71.89 | 73.43 | 69.55 | 1.564 times |
| 20 Tue Feb 2024 | 71.55 | 68.55 | 73.31 | 67.94 | 0.723 times |
| 19 Mon Feb 2024 | 68.13 | 69.15 | 69.86 | 68.00 | 0.332 times |
| 16 Fri Feb 2024 | 69.34 | 71.98 | 72.98 | 69.00 | 0.974 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 68.2, but if it comes above 68.2, then a intra day buy could be more profitable.
If you take a sell trade below 68.2, then use 68.2 as stoploss and 65.3 as target. However if you take a buy trade in stock , then use 68.2 as stoploss and 70.58 as target.
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 41.99 |
| Downside Target | 46.10 |
| Downside Target | 48.61 |
| Downside Target | 53.49 |
| Downside Target | 55.06 |
| Downside Target | 58.20 |
| Downside Target | 60.26 |
| Downside Target | 64.10 |
| Downside Target | 67.94 |
| Upside Target | 69.74 |
| Upside Target | 72.50 |
| Upside Target | 73.43 |
| Upside Target | 74.99 |
| Upside Target | 79.00 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 63.84 |
| Downside Intraday Target | 59.62 |
| Upside Intraday Target | 73.63 |
| Upside Intraday Target | 79.2 |
| Upside Intraday Target | 69.41 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 68.05 | 70.83 | 74.99 | 65.20 | 1.213 times |
| 23 Fri Feb 2024 | 70.78 | 69.15 | 73.43 | 67.94 | 0.649 times |
| 16 Fri Feb 2024 | 69.34 | 71.65 | 72.98 | 64.10 | 0.59 times |
| 09 Fri Feb 2024 | 71.48 | 69.79 | 79.00 | 66.45 | 1.563 times |
| 02 Fri Feb 2024 | 69.07 | 60.26 | 72.50 | 60.26 | 2.137 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 |
| 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 |
| 29 Fri Dec 2023 | 60.14 | 48.61 | 69.74 | 48.61 | 2.358 times |
| 30 Thu Nov 2023 | 48.50 | 48.98 | 55.06 | 46.10 | 1.232 times |
Scroll below to view daily charts
Price has moved down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak 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 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 green color and prices are in or below the green cloud Prices appear to be moving up
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 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 70.85 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 has given negative 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak 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 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 green color and prices are in or below the green cloud Prices appear to be moving up
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 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 70.85 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 has given negative 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