(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 751884
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 14.99 | 15.05 | 15.60 | 14.90 | 0.877 times |
| 29 Wed Mar 2023 | 14.89 | 13.86 | 15.25 | 13.80 | 1.671 times |
| 28 Tue Mar 2023 | 13.86 | 14.49 | 14.49 | 13.80 | 0.73 times |
| 27 Mon Mar 2023 | 14.36 | 14.95 | 14.95 | 14.21 | 0.528 times |
| 24 Fri Mar 2023 | 14.79 | 15.20 | 15.31 | 14.62 | 1.247 times |
| 23 Thu Mar 2023 | 14.99 | 15.19 | 15.90 | 14.84 | 2.234 times |
| 22 Wed Mar 2023 | 15.01 | 15.35 | 15.39 | 14.74 | 0.694 times |
| 21 Tue Mar 2023 | 14.86 | 14.66 | 15.00 | 14.60 | 0.324 times |
| 20 Mon Mar 2023 | 14.64 | 14.65 | 14.99 | 14.41 | 0.466 times |
| 17 Fri Mar 2023 | 14.96 | 15.18 | 15.30 | 14.79 | 0.895 times |
My analysis of stock is bearish for shortterm, and stock might move down till 14.2 or till 13.1. Use a stoploss of 15.15 and if the stock hits stoploss, then it can shoot up till 16.08
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 13.10 |
| Downside Target | 13.58 |
| Downside Target | 14.10 |
| Downside Target | 14.41 |
| Upside Target | 15.00 |
| Upside Target | 15.60 |
| Upside Target | 16.45 |
| Upside Target | 17.35 |
| Upside Target | 18.80 |
| Upside Target | 19.03 |
| Upside Target | 19.90 |
| Upside Target | 20.00 |
| Upside Target | 22.20 |
| Upside Target | 22.90 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 13.99 |
| Downside Intraday Target | 13 |
| Upside Intraday Target | 15.79 |
| Upside Intraday Target | 16.6 |
| Downside Intraday Target | 14.8 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 14.99 | 14.95 | 15.60 | 13.80 | 0.766 times |
| 24 Fri Mar 2023 | 14.79 | 14.65 | 15.90 | 14.41 | 0.981 times |
| 17 Fri Mar 2023 | 14.96 | 15.70 | 16.53 | 14.10 | 0.481 times |
| 10 Fri Mar 2023 | 16.18 | 15.64 | 19.03 | 15.00 | 2.041 times |
| 03 Fri Mar 2023 | 15.45 | 13.65 | 15.93 | 13.10 | 1.664 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 |
| 31 Fri Mar 2023 | 14.99 | 13.60 | 19.03 | 13.58 | 2.392 times |
| 28 Tue Feb 2023 | 13.60 | 17.60 | 18.80 | 13.10 | 2.821 times |
| 31 Tue Jan 2023 | 17.40 | 19.00 | 20.00 | 16.45 | 0.169 times |
| 30 Fri Dec 2022 | 19.00 | 20.05 | 22.20 | 17.35 | 2.443 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Patel Engg (PatelEngg)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 30, 21, 17 | Buy |
| MACD | -1, -1 | Buy |
| Stochastics | 37 | None |
| CCI | 88 | Buy |
| RSI | 54 | Buy |
| OBV | -2321698 | Sell |
| VWAP | 15 | Buy |
| ADL | 0 | Sell |
| ROC | 0 | Buy |
| Force Index | 0 | 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 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 BUY. Signal strength is Weak 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Patel Engg in short term and BUY 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
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 14.8 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 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.
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