(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 2024-03-20 View latest technical analysis
10 day averaged volume of Patel Engg is 1741540
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 55.26 | 55.07 | 55.88 | 52.96 | 0.351 times |
| 19 Tue Mar 2024 | 54.81 | 56.50 | 56.50 | 54.35 | 0.62 times |
| 18 Mon Mar 2024 | 56.16 | 56.99 | 57.94 | 54.80 | 0.826 times |
| 15 Fri Mar 2024 | 55.68 | 56.13 | 57.50 | 54.14 | 0.974 times |
| 14 Thu Mar 2024 | 56.02 | 51.30 | 56.70 | 51.00 | 1.544 times |
| 13 Wed Mar 2024 | 52.31 | 57.42 | 59.40 | 51.62 | 2.061 times |
| 12 Tue Mar 2024 | 57.28 | 60.43 | 60.78 | 56.35 | 1.257 times |
| 11 Mon Mar 2024 | 60.10 | 63.93 | 64.50 | 59.80 | 0.953 times |
| 07 Thu Mar 2024 | 63.57 | 63.26 | 65.12 | 63.00 | 0.264 times |
| 06 Wed Mar 2024 | 63.12 | 67.45 | 67.70 | 61.65 | 1.223 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.8, but if it comes above 56.8, then a intra day buy could be more profitable.
If you take a sell trade below 56.8, then use 56.8 as stoploss and 48.9 as target. However if you take a buy trade in stock , then use 56.8 as stoploss and 63.36 as target.
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 46.10 |
| Downside Target | 48.61 |
| Downside Target | 51.00 |
| Downside Target | 52.96 |
| Downside Target | 55.06 |
| Upside Target | 57.94 |
| Upside Target | 61.65 |
| Upside Target | 64.10 |
| Upside Target | 67.94 |
| Upside Target | 69.74 |
| Upside Target | 71.50 |
| 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 | 52.83 |
| Downside Intraday Target | 50.41 |
| Upside Intraday Target | 57.81 |
| Upside Intraday Target | 60.37 |
| Upside Intraday Target | 55.39 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 55.26 | 56.99 | 57.94 | 52.96 | 0.265 times |
| 15 Fri Mar 2024 | 55.68 | 63.93 | 64.50 | 51.00 | 2.741 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 |
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 |
| 20 Wed Mar 2024 | 55.26 | 68.99 | 71.50 | 51.00 | 0.67 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL signal for Patel Engg in short term and SELL 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 56.74 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL signal for Patel Engg in short term and SELL 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 56.74 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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