(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 2024-09-02 View latest technical analysis
10 day averaged volume of Patel Engg is 898308
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Mon Sep 2024 | 59.74 | 59.24 | 60.71 | 58.85 | 4.06 times |
| 30 Fri Aug 2024 | 57.24 | 54.76 | 57.40 | 54.76 | 1.431 times |
| 29 Thu Aug 2024 | 53.64 | 54.98 | 54.98 | 53.51 | 0.268 times |
| 28 Wed Aug 2024 | 54.69 | 55.24 | 55.25 | 54.50 | 0.874 times |
| 27 Tue Aug 2024 | 54.88 | 54.19 | 55.39 | 53.82 | 0.356 times |
| 26 Mon Aug 2024 | 54.06 | 55.08 | 55.08 | 53.98 | 0.813 times |
| 23 Fri Aug 2024 | 54.54 | 54.50 | 55.13 | 54.05 | 0.895 times |
| 22 Thu Aug 2024 | 54.24 | 54.64 | 55.36 | 54.04 | 0.981 times |
| 21 Wed Aug 2024 | 54.39 | 54.14 | 54.89 | 52.81 | 1.336 times |
| 20 Tue Aug 2024 | 53.85 | 55.85 | 56.00 | 53.42 | 1.623 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 bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 58.3, for a target of 56.3 or 54.62
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 50.23 |
| Downside Target | 52.76 |
| Downside Target | 55.85 |
| Downside Target | 58.85 |
| Upside Target | 60.00 |
| Upside Target | 60.71 |
| Upside Target | 65.95 |
| Upside Target | 70.00 |
| Upside Target | 74.38 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 58.82 |
| Downside Intraday Target | 57.91 |
| Upside Intraday Target | 60.68 |
| Upside Intraday Target | 61.63 |
| Upside Intraday Target | 59.77 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Mon Sep 2024 | 59.74 | 59.24 | 60.71 | 58.85 | 1.085 times |
| 30 Fri Aug 2024 | 57.24 | 55.08 | 57.40 | 53.51 | 0.598 times |
| 23 Fri Aug 2024 | 54.54 | 55.25 | 56.67 | 52.81 | 0.847 times |
| 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 |
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 |
| 02 Mon Sep 2024 | 59.74 | 59.24 | 60.71 | 58.85 | 0.136 times |
| 30 Fri Aug 2024 | 57.24 | 59.65 | 60.00 | 50.91 | 0.836 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 |
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 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 short 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Patel Engg in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Patel Engg in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 56.36 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 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 short 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Patel Engg in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Patel Engg in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 56.36 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.
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