Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-05-23 View latest technical analysis

10 day averaged volume of Patel Engg is 641114

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri May 2025	41.86	41.93	42.30	41.42	0.932 times
22 Thu May 2025	41.93	42.35	42.49	41.64	0.729 times
21 Wed May 2025	42.34	42.66	42.81	41.50	0.822 times
20 Tue May 2025	42.26	43.62	43.83	42.04	0.396 times
19 Mon May 2025	43.60	43.31	44.00	43.07	1.358 times
16 Fri May 2025	43.16	42.75	43.45	41.93	0.775 times
15 Thu May 2025	42.47	42.68	43.19	42.10	0.802 times
14 Wed May 2025	42.06	41.91	42.60	41.31	1.712 times
13 Tue May 2025	42.39	44.63	46.20	41.10	2.225 times
12 Mon May 2025	44.62	43.08	44.95	43.08	0.497 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 41.9, but if it comes above 41.9, then a intra day buy could be more profitable.
If you take a sell trade below 41.9, then use 41.9 as stoploss and 40.6 as target. However if you take a buy trade in stock , then use 41.9 as stoploss and 42.95 as target.

Share price targets for Patel Engg (PatelEngg)

Target Type	Value
Downside Target	38.40
Downside Target	41.10
Upside Target	44.00
Upside Target	44.78
Upside Target	46.07
Upside Target	46.20
Upside Target	48.22
Upside Target	48.89
Upside Target	53.69

Intraday share price targets for Patel Engg (PatelEngg)

Target Type	Value
Downside Intraday Target	40.85
Downside Intraday Target	39.85
Upside Intraday Target	43.43
Upside Intraday Target	45.01
Upside Intraday Target	42.43

Weekly technical analysis of Patel Engg (PatelEngg)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri May 2025	41.86	43.31	44.00	41.42	0.705 times
16 Fri May 2025	43.16	43.08	46.20	41.10	1.738 times
09 Fri May 2025	41.45	42.93	44.78	39.57	1.173 times
02 Fri May 2025	42.59	45.95	46.07	42.00	1.236 times
25 Fri Apr 2025	45.36	42.56	48.22	42.00	1.123 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
23 Fri May 2025	41.86	42.91	46.20	39.57	1.533 times
30 Wed Apr 2025	42.66	39.03	48.22	39.00	0.556 times
28 Fri Mar 2025	39.08	43.73	44.38	38.40	1.303 times
28 Fri Feb 2025	43.45	48.00	48.89	41.30	1.034 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 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 SELL signal for Patel Engg in short term and the sell signal is strong.

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 42.58 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.