(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 526489
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 57.39 | 57.50 | 58.26 | 57.25 | 1.23 times |
| 06 Fri Dec 2024 | 57.54 | 56.48 | 57.87 | 56.08 | 0.72 times |
| 05 Thu Dec 2024 | 56.48 | 56.88 | 57.80 | 55.29 | 0.964 times |
| 04 Wed Dec 2024 | 56.61 | 54.80 | 57.15 | 54.43 | 2.036 times |
| 03 Tue Dec 2024 | 54.80 | 53.90 | 55.22 | 53.39 | 1.377 times |
| 02 Mon Dec 2024 | 53.39 | 53.84 | 53.84 | 52.57 | 0.485 times |
| 29 Fri Nov 2024 | 53.20 | 53.75 | 53.75 | 52.59 | 0.642 times |
| 28 Thu Nov 2024 | 53.34 | 53.13 | 54.09 | 52.90 | 1.133 times |
| 27 Wed Nov 2024 | 52.97 | 51.87 | 53.19 | 51.39 | 1.193 times |
| 26 Tue Nov 2024 | 51.49 | 52.62 | 53.34 | 50.96 | 1.078 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 58.3, for a target of 55.4 or 53.07
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 |
| Downside Target | 55.15 |
| Downside Target | 57.25 |
| Upside Target | 57.87 |
| Upside Target | 58.02 |
| Upside Target | 58.26 |
| Upside Target | 60.00 |
| Upside Target | 62.80 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 57.01 |
| Downside Intraday Target | 56.62 |
| Upside Intraday Target | 58.02 |
| Upside Intraday Target | 58.64 |
| Upside Intraday Target | 57.63 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 57.39 | 57.50 | 58.26 | 57.25 | 0.22 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 |
| 14 Thu Nov 2024 | 51.13 | 51.25 | 52.70 | 46.92 | 2.182 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 |
| 09 Mon Dec 2024 | 57.39 | 53.84 | 58.26 | 52.57 | 0.275 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 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 short 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Patel Engg in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Patel Engg Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 and the buying is gaining 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 54.92 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 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.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short 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 short 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Patel Engg in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Patel Engg Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 and the buying is gaining 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 54.92 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 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.
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