(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 2024-11-12 View latest technical analysis
10 day averaged volume of Patel Engg is 454296
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Nov 2024 | 49.06 | 50.50 | 50.99 | 48.70 | 0.851 times |
| 11 Mon Nov 2024 | 50.24 | 51.25 | 51.25 | 50.00 | 0.453 times |
| 08 Fri Nov 2024 | 51.42 | 51.70 | 52.34 | 50.73 | 1.175 times |
| 07 Thu Nov 2024 | 51.71 | 52.97 | 53.20 | 51.50 | 1.521 times |
| 06 Wed Nov 2024 | 52.66 | 50.86 | 52.80 | 50.86 | 0.641 times |
| 05 Tue Nov 2024 | 50.73 | 50.34 | 51.27 | 49.98 | 1.026 times |
| 04 Mon Nov 2024 | 50.37 | 52.14 | 52.14 | 49.91 | 0.571 times |
| 01 Fri Nov 2024 | 52.04 | 51.56 | 52.22 | 51.43 | 0.894 times |
| 31 Thu Oct 2024 | 51.56 | 50.87 | 51.91 | 50.15 | 1.154 times |
| 30 Wed Oct 2024 | 50.87 | 49.55 | 51.30 | 49.14 | 1.096 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.1, but if it comes above 49.1, then a intra day buy could be more profitable.
If you take a sell trade below 49.1, then use 49.1 as stoploss and 46.3 as target. However if you take a buy trade in stock , then use 49.1 as stoploss and 51.33 as target.
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 46.21 |
| Downside Target | 48.70 |
| Upside Target | 49.91 |
| Upside Target | 50.91 |
| Upside Target | 55.15 |
| Upside Target | 55.67 |
| Upside Target | 55.85 |
| 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 | 48.09 |
| Downside Intraday Target | 47.12 |
| Upside Intraday Target | 50.64 |
| Upside Intraday Target | 52.22 |
| Upside Intraday Target | 49.67 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Nov 2024 | 49.06 | 51.25 | 51.25 | 48.70 | 0.264 times |
| 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 |
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 |
| 12 Tue Nov 2024 | 49.06 | 51.56 | 53.20 | 48.70 | 0.264 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 BUY signal for Patel Engg in short term but the buy signal is initial and weak.
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 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 and SELL 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
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 51.15 and Patel Engg (PatelEngg) stock is trading below this level. This means that stock is falling with high volumes. 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 BUY signal for Patel Engg in short term but the buy signal is initial and weak.
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 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 and SELL 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
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 51.15 and Patel Engg (PatelEngg) stock is trading below this level. This means that stock is falling with high volumes. 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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