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(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)

10 day averaged volume of Patel Engg is 671466

Date Daily Closing Price Open High Low Volume
04 Wed Aug 2021 14.79 15.80 16.08 14.70 1.589 times
03 Tue Aug 2021 15.71 16.22 16.22 15.63 1.212 times
02 Mon Aug 2021 15.96 15.10 16.50 15.10 4.872 times
30 Fri Jul 2021 15.00 15.60 15.65 14.95 0.757 times
29 Thu Jul 2021 15.45 16.35 16.60 15.40 0.932 times
28 Wed Jul 2021 16.30 17.00 17.00 15.85 0.483 times
27 Tue Jul 2021 16.80 17.35 17.40 16.70 0.474 times
26 Mon Jul 2021 17.15 17.50 17.75 17.05 0.306 times
23 Fri Jul 2021 17.20 17.80 17.80 17.10 0.14 times
22 Thu Jul 2021 17.60 17.45 17.90 17.35 0.463 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 14.3, for a target of 16 or 17.43

Share price targets for Patel Engg (PatelEngg)

Target Type Value
Downside Target 11.01
Downside Target 11.75
Downside Target 12.90
Downside Target 14.45
Upside Target 16.50
Upside Target 17.05
Upside Target 17.57
Upside Target 18.55
Upside Target 18.95
Upside Target 19.75
Upside Target 23.30

Intraday share price targets for Patel Engg (PatelEngg)

Target Type Value
Downside Intraday Target 14.16
Downside Intraday Target 13.53
Upside Intraday Target 15.96
Upside Intraday Target 17.13
Upside Intraday Target 15.33

Weekly technical analysis of Patel Engg (PatelEngg)

Date Weekly Closing Price Open High Low Volume
04 Wed Aug 2021 14.79 15.10 16.50 14.70 2.599 times
30 Fri Jul 2021 15.00 17.50 17.75 14.95 2.48 times
23 Fri Jul 2021 17.20 18.90 18.95 17.05 0.543 times
16 Fri Jul 2021 18.90 18.75 19.75 18.55 0.657 times
09 Fri Jul 2021 18.40 19.00 19.75 18.10 1.103 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Patel Engg (PatelEngg)

Date Monthly Closing Price Open High Low Volume
04 Wed Aug 2021 14.79 15.10 16.50 14.70 0.71 times
30 Fri Jul 2021 15.00 18.45 19.75 14.95 0.313 times
30 Wed Jun 2021 18.45 15.35 23.30 14.45 6.895 times
31 Mon May 2021 15.09 12.20 17.57 11.75 4.478 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)

Indicator Name Indicator Value Indicator Signal
ADX 14, 34, 42 Sell
MACD -1, -0Sell
Stochastics 16Sell
CCI -101Sell
RSI 55Buy
OBV -772871Sell
VWAP 16Sell
ADL 0Sell
ROC -16Sell
Force Index 0Sell

Price action analysis of Patel Engg ( (PatelEngg) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 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

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 15.83 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 negative.

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

Click here for Patel Engg charts

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart
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