(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)
Intraday share price targets for Patel Engg (PatelEngg)
|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|
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.