(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 2024-09-23 View latest technical analysis
10 day averaged volume of Patel Engg is 1095069
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon Sep 2024 | 60.24 | 60.00 | 61.40 | 59.80 | 1.523 times |
| 20 Fri Sep 2024 | 58.78 | 57.87 | 60.39 | 57.47 | 0.965 times |
| 19 Thu Sep 2024 | 57.57 | 59.00 | 59.91 | 56.34 | 1.061 times |
| 18 Wed Sep 2024 | 58.77 | 60.72 | 60.99 | 58.63 | 0.447 times |
| 17 Tue Sep 2024 | 60.42 | 61.88 | 61.90 | 59.59 | 1.164 times |
| 16 Mon Sep 2024 | 61.67 | 60.40 | 62.80 | 60.40 | 1.089 times |
| 13 Fri Sep 2024 | 59.80 | 57.40 | 60.94 | 56.90 | 2.173 times |
| 12 Thu Sep 2024 | 57.24 | 58.81 | 58.81 | 57.08 | 0.22 times |
| 11 Wed Sep 2024 | 57.78 | 59.77 | 59.77 | 57.39 | 0.356 times |
| 10 Tue Sep 2024 | 59.28 | 59.57 | 60.50 | 59.00 | 1.666 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 60.1, but if it comes below 60.1, then a intra day sell could be more profitable.
If you take a sell trade below 60.1, then use 60.1 as stoploss and 58.17 as target. However if you take a buy trade in stock , then use 60.1 as stoploss and 62.5 as target.
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 50.23 |
| Downside Target | 53.51 |
| Downside Target | 55.15 |
| Downside Target | 59.80 |
| Upside Target | 60.71 |
| Upside Target | 60.94 |
| Upside Target | 61.40 |
| Upside Target | 62.80 |
| 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 | 59.56 |
| Downside Intraday Target | 58.88 |
| Upside Intraday Target | 61.16 |
| Upside Intraday Target | 62.08 |
| Upside Intraday Target | 60.48 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon Sep 2024 | 60.24 | 60.00 | 61.40 | 59.80 | 0.322 times |
| 20 Fri Sep 2024 | 58.78 | 60.40 | 62.80 | 56.34 | 0.896 times |
| 13 Fri Sep 2024 | 59.80 | 57.89 | 60.94 | 55.15 | 0.758 times |
| 06 Fri Sep 2024 | 57.03 | 59.24 | 60.71 | 56.76 | 2.268 times |
| 30 Fri Aug 2024 | 57.24 | 55.08 | 57.40 | 53.51 | 0.598 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 |
| 23 Mon Sep 2024 | 60.24 | 59.24 | 62.80 | 55.15 | 0.756 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Patel Engg in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Patel Engg Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 but buying 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 59.56 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Patel Engg in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Patel Engg Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 but buying 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 59.56 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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