(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 2024-11-08 View latest technical analysis
10 day averaged volume of Patel Engg is 538844
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 51.42 | 51.70 | 52.34 | 50.73 | 0.991 times |
| 07 Thu Nov 2024 | 51.71 | 52.97 | 53.20 | 51.50 | 1.282 times |
| 06 Wed Nov 2024 | 52.66 | 50.86 | 52.80 | 50.86 | 0.54 times |
| 05 Tue Nov 2024 | 50.73 | 50.34 | 51.27 | 49.98 | 0.865 times |
| 04 Mon Nov 2024 | 50.37 | 52.14 | 52.14 | 49.91 | 0.482 times |
| 01 Fri Nov 2024 | 52.04 | 51.56 | 52.22 | 51.43 | 0.754 times |
| 31 Thu Oct 2024 | 51.56 | 50.87 | 51.91 | 50.15 | 0.973 times |
| 30 Wed Oct 2024 | 50.87 | 49.55 | 51.30 | 49.14 | 0.924 times |
| 29 Tue Oct 2024 | 49.04 | 48.81 | 49.29 | 48.05 | 1.238 times |
| 28 Mon Oct 2024 | 48.11 | 47.65 | 48.89 | 46.21 | 2.214 times |
My analysis of stock is bearish for shortterm, and stock might move down till 49.5 or till 46.6. Use a stoploss of 51.8 and if the stock hits stoploss, then it can shoot up till 54.15
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 46.21 |
| Downside Target | 49.91 |
| Downside Target | 50.91 |
| Upside Target | 52.22 |
| Upside Target | 55.15 |
| Upside Target | 55.85 |
| Upside Target | 56.41 |
| Upside Target | 58.02 |
| Upside Target | 60.00 |
| Upside Target | 62.80 |
| Upside Target | 70.00 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 49.82 |
| Downside Intraday Target | 48.22 |
| Upside Intraday Target | 53.11 |
| Upside Intraday Target | 54.8 |
| Upside Intraday Target | 51.51 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 51.42 | 52.14 | 53.20 | 49.91 | 0.682 times |
| 01 Fri Nov 2024 | 52.04 | 47.65 | 52.22 | 46.21 | 1.108 times |
| 25 Fri Oct 2024 | 47.66 | 54.32 | 55.67 | 46.85 | 1.29 times |
| 18 Fri Oct 2024 | 55.27 | 55.18 | 58.02 | 53.65 | 0.825 times |
| 11 Fri Oct 2024 | 54.67 | 55.72 | 56.41 | 52.25 | 1.269 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 |
| 08 Fri Nov 2024 | 51.42 | 51.56 | 53.20 | 49.91 | 0.216 times |
| 31 Thu Oct 2024 | 51.56 | 57.00 | 58.02 | 46.21 | 0.538 times |
| 30 Mon Sep 2024 | 57.02 | 59.24 | 62.80 | 55.15 | 0.853 times |
| 30 Fri Aug 2024 | 57.24 | 59.65 | 60.00 | 50.91 | 0.836 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 neutral. A longer time frame might give a better analysis.
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 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 Weak 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Patel Engg in short term but SELL signal is weak.
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
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 50.42 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 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 neutral. A longer time frame might give a better analysis.
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 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 Weak 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Patel Engg in short term but SELL signal is weak.
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
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 50.42 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 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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