(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 2024-12-19 View latest technical analysis
10 day averaged volume of Patel Engg is 480711
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Dec 2024 | 55.28 | 54.28 | 55.60 | 54.28 | 0.968 times |
| 18 Wed Dec 2024 | 55.98 | 57.70 | 57.70 | 55.80 | 0.879 times |
| 17 Tue Dec 2024 | 57.14 | 58.01 | 58.51 | 57.10 | 0.622 times |
| 16 Mon Dec 2024 | 58.38 | 58.35 | 59.50 | 57.82 | 0.885 times |
| 13 Fri Dec 2024 | 57.90 | 56.63 | 58.90 | 55.44 | 2.131 times |
| 12 Thu Dec 2024 | 57.79 | 57.50 | 59.29 | 56.00 | 1.189 times |
| 11 Wed Dec 2024 | 56.97 | 57.00 | 57.65 | 56.30 | 0.393 times |
| 10 Tue Dec 2024 | 57.05 | 57.51 | 57.80 | 56.42 | 0.71 times |
| 09 Mon Dec 2024 | 57.39 | 57.50 | 58.26 | 57.25 | 1.347 times |
| 06 Fri Dec 2024 | 57.54 | 56.48 | 57.87 | 56.08 | 0.788 times |
My analysis of stock is bearish for shortterm, and stock might move down till 53.2 or till 50.5. Use a stoploss of 55.39 and if the stock hits stoploss, then it can shoot up till 57.6
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 46.21 |
| Downside Target | 50.91 |
| Downside Target | 52.57 |
| Downside Target | 54.09 |
| Upside Target | 55.44 |
| Upside Target | 57.87 |
| Upside Target | 58.02 |
| Upside Target | 59.29 |
| Upside Target | 59.50 |
| Upside Target | 60.00 |
| Upside Target | 62.80 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 53.21 |
| Downside Intraday Target | 51.13 |
| Upside Intraday Target | 58.43 |
| Upside Intraday Target | 61.57 |
| Upside Intraday Target | 56.35 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Dec 2024 | 55.28 | 58.35 | 59.50 | 54.28 | 0.581 times |
| 13 Fri Dec 2024 | 57.90 | 57.50 | 59.29 | 55.44 | 0.944 times |
| 06 Fri Dec 2024 | 57.54 | 53.84 | 57.87 | 52.57 | 1.264 times |
| 29 Fri Nov 2024 | 53.20 | 52.90 | 54.09 | 50.96 | 0.728 times |
| 22 Fri Nov 2024 | 51.62 | 51.70 | 54.40 | 51.04 | 0.654 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 |
| 19 Thu Dec 2024 | 55.28 | 53.84 | 59.50 | 52.57 | 0.561 times |
| 29 Fri Nov 2024 | 53.20 | 51.56 | 54.40 | 46.92 | 1.064 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 |
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 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 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 to mid 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 mid to longer 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.
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 SELL signal for Patel Engg in short term but the sell signal is initial and weak.
Patel Engg Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 57.26 and Patel Engg (PatelEngg) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 to mid 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 mid to longer 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.
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 SELL signal for Patel Engg in short term but the sell signal is initial and weak.
Patel Engg Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 57.26 and Patel Engg (PatelEngg) stock is trading below this level. This means that stock is falling with high volumes. 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 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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