(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 2024-11-22 View latest technical analysis
10 day averaged volume of Patel Engg is 942284
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Nov 2024 | 51.62 | 51.99 | 52.33 | 51.04 | 0.193 times |
| 21 Thu Nov 2024 | 52.02 | 53.99 | 53.99 | 51.65 | 0.436 times |
| 19 Tue Nov 2024 | 53.24 | 53.49 | 54.40 | 52.71 | 1.046 times |
| 18 Mon Nov 2024 | 52.80 | 51.70 | 53.72 | 51.05 | 1.718 times |
| 14 Thu Nov 2024 | 51.13 | 51.51 | 52.70 | 50.96 | 1.348 times |
| 13 Wed Nov 2024 | 50.17 | 48.47 | 51.92 | 46.92 | 3.215 times |
| 12 Tue Nov 2024 | 49.06 | 50.50 | 50.99 | 48.70 | 0.41 times |
| 11 Mon Nov 2024 | 50.24 | 51.25 | 51.25 | 50.00 | 0.218 times |
| 08 Fri Nov 2024 | 51.42 | 51.70 | 52.34 | 50.73 | 0.567 times |
| 07 Thu Nov 2024 | 51.71 | 52.97 | 53.20 | 51.50 | 0.733 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 52.3 as stoploss in an intra day sell trade for a target of 50.8. However, stock will show a bullish move above 52.3.
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 | 54.40 |
| 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 | 50.31 |
| Downside Intraday Target | 48.99 |
| Upside Intraday Target | 53.67 |
| Upside Intraday Target | 55.71 |
| Upside Intraday Target | 52.35 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Nov 2024 | 51.62 | 51.70 | 54.40 | 51.04 | 0.654 times |
| 14 Thu Nov 2024 | 51.13 | 51.25 | 52.70 | 46.92 | 2.182 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 |
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 |
| 22 Fri Nov 2024 | 51.62 | 51.56 | 54.40 | 46.92 | 0.874 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 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 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 term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short to mid 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 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.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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
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 51.33 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 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 term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short to mid 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 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.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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
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 51.33 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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