(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 2024-08-16 View latest technical analysis
10 day averaged volume of Patel Engg is 1563111
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 54.69 | 52.57 | 56.01 | 51.56 | 1.384 times |
| 14 Wed Aug 2024 | 51.13 | 53.17 | 53.63 | 50.91 | 1.132 times |
| 13 Tue Aug 2024 | 52.98 | 55.63 | 55.69 | 52.79 | 1.39 times |
| 12 Mon Aug 2024 | 55.63 | 53.84 | 56.11 | 53.18 | 0.341 times |
| 09 Fri Aug 2024 | 53.82 | 55.62 | 56.01 | 53.77 | 0.417 times |
| 08 Thu Aug 2024 | 54.54 | 55.83 | 56.09 | 54.23 | 0.915 times |
| 07 Wed Aug 2024 | 55.62 | 54.94 | 55.75 | 53.90 | 0.615 times |
| 06 Tue Aug 2024 | 53.55 | 55.17 | 57.25 | 53.05 | 1.006 times |
| 05 Mon Aug 2024 | 53.51 | 54.06 | 55.79 | 52.76 | 2.251 times |
| 02 Fri Aug 2024 | 56.93 | 57.22 | 58.45 | 56.79 | 1.119 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 54 as stoploss in an intra day buy trade for a target of 56.95. However, stock will show a bearish move below 54.
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 50.23 |
| Downside Target | 52.76 |
| Upside Target | 55.85 |
| Upside Target | 58.50 |
| Upside Target | 60.00 |
| Upside Target | 61.76 |
| Upside Target | 61.98 |
| Upside Target | 62.30 |
| Upside Target | 65.95 |
| Upside Target | 66.19 |
| Upside Target | 70.00 |
| Upside Target | 74.38 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 51.7 |
| Downside Intraday Target | 48.7 |
| Upside Intraday Target | 56.9 |
| Upside Intraday Target | 59.1 |
| Downside Intraday Target | 53.9 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 54.69 | 53.84 | 56.11 | 50.91 | 0.816 times |
| 09 Fri Aug 2024 | 53.82 | 54.06 | 57.25 | 52.76 | 1.572 times |
| 02 Fri Aug 2024 | 56.93 | 60.99 | 61.76 | 56.79 | 1.226 times |
| 26 Fri Jul 2024 | 60.45 | 58.86 | 61.98 | 55.85 | 0.644 times |
| 19 Fri Jul 2024 | 58.88 | 61.35 | 62.30 | 58.50 | 0.463 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 |
| 16 Fri Aug 2024 | 54.69 | 59.65 | 60.00 | 50.91 | 0.556 times |
| 31 Wed Jul 2024 | 59.65 | 66.24 | 70.00 | 55.85 | 1.153 times |
| 28 Fri Jun 2024 | 65.75 | 64.98 | 74.38 | 50.23 | 1.109 times |
| 31 Fri May 2024 | 61.82 | 58.20 | 65.95 | 53.55 | 1.139 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 losing momentum.
MACD generated a SELL signal for Patel Engg in short term and the sell 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 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
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 54 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 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 losing momentum.
MACD generated a SELL signal for Patel Engg in short term and the sell 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 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
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 54 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 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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