(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 2024-03-14 View latest technical analysis
10 day averaged volume of Patel Engg is 1327403
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 56.02 | 51.30 | 56.70 | 51.00 | 2.026 times |
| 13 Wed Mar 2024 | 52.31 | 57.42 | 59.40 | 51.62 | 2.704 times |
| 12 Tue Mar 2024 | 57.28 | 60.43 | 60.78 | 56.35 | 1.649 times |
| 11 Mon Mar 2024 | 60.10 | 63.93 | 64.50 | 59.80 | 1.25 times |
| 07 Thu Mar 2024 | 63.57 | 63.26 | 65.12 | 63.00 | 0.346 times |
| 06 Wed Mar 2024 | 63.12 | 67.45 | 67.70 | 61.65 | 1.604 times |
| 05 Tue Mar 2024 | 67.70 | 68.92 | 69.50 | 67.40 | 0.366 times |
| 04 Mon Mar 2024 | 68.67 | 70.63 | 71.50 | 68.20 | 0.933 times |
| 02 Sat Mar 2024 | 68.08 | 68.74 | 68.74 | 67.20 | 0.085 times |
| 01 Fri Mar 2024 | 68.24 | 68.99 | 69.49 | 67.57 | 0.665 times |
Stock of Patel Engg (PatelEngg) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 53.9, for a target of 60.6 or 66.26
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 46.10 |
| Downside Target | 48.61 |
| Downside Target | 51.00 |
| Downside Target | 55.06 |
| Upside Target | 58.20 |
| Upside Target | 61.65 |
| Upside Target | 64.10 |
| Upside Target | 67.94 |
| Upside Target | 69.74 |
| Upside Target | 71.50 |
| Upside Target | 72.98 |
| 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 | 49.85 |
| Downside Intraday Target | 43.67 |
| Upside Intraday Target | 63.35 |
| Upside Intraday Target | 70.67 |
| Upside Intraday Target | 57.17 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 56.02 | 63.93 | 64.50 | 51.00 | 2.348 times |
| 07 Thu Mar 2024 | 63.57 | 70.63 | 71.50 | 61.65 | 0.712 times |
| 02 Sat Mar 2024 | 68.08 | 70.83 | 74.99 | 65.20 | 1.451 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 |
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 |
| 14 Thu Mar 2024 | 56.02 | 68.99 | 71.50 | 51.00 | 0.511 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 |
| 29 Fri Dec 2023 | 60.14 | 48.61 | 69.74 | 48.61 | 2.358 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 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 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 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 Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
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 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 59.15 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 negative.
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 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 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 Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
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 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 59.15 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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