(PrajayEngs) Prajay Engs complete technical analysis [charts+indicators] | Buy/Sell Prajay Engs | (PrajayEngs) share price targets
Complete technical analysis of Prajay Engs (PrajayEngs) by charts plus indicators, forecast predictions and share price targets for Prajay Engs (PrajayEngs)
Showing technical analysis as on 2022-05-16 View latest technical analysis
10 day averaged volume of Prajay Engs is 13027
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 16.05 | 16.45 | 16.45 | 15.95 | 0.197 times |
| 13 Fri May 2022 | 15.90 | 15.95 | 16.45 | 15.80 | 0.519 times |
| 12 Thu May 2022 | 15.95 | 16.05 | 16.70 | 15.95 | 1.301 times |
| 11 Wed May 2022 | 16.75 | 16.50 | 17.15 | 16.00 | 1.557 times |
| 10 Tue May 2022 | 16.55 | 17.70 | 17.70 | 16.30 | 1.004 times |
| 09 Mon May 2022 | 17.10 | 17.00 | 17.85 | 16.15 | 2.495 times |
| 06 Fri May 2022 | 17.00 | 17.00 | 17.00 | 17.00 | 0.966 times |
| 05 Thu May 2022 | 17.85 | 18.00 | 18.30 | 17.85 | 1.024 times |
| 04 Wed May 2022 | 18.75 | 19.00 | 19.00 | 17.95 | 0.346 times |
| 02 Mon May 2022 | 18.60 | 18.00 | 19.30 | 18.00 | 0.101 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 16.7, but if it comes above 16.7, then a intra day buy could be more profitable.
If you take a sell trade below 16.7, then use 16.7 as stoploss and 14.7 as target. However if you take a buy trade in stock , then use 16.7 as stoploss and 18.42 as target.
Share price targets for Prajay Engs (PrajayEngs)
| Target Type | Value |
| Downside Target | 15.00 |
| Downside Target | 15.30 |
| Downside Target | 15.80 |
| Upside Target | 16.45 |
| Upside Target | 17.00 |
| Upside Target | 17.85 |
| Upside Target | 18.30 |
| Upside Target | 19.05 |
| Upside Target | 19.75 |
| Upside Target | 20.45 |
| Upside Target | 20.55 |
| Upside Target | 22.20 |
| Upside Target | 22.45 |
| Upside Target | 25.00 |
Intraday share price targets for Prajay Engs (PrajayEngs)
| Target Type | Value |
| Downside Intraday Target | 15.85 |
| Downside Intraday Target | 15.65 |
| Upside Intraday Target | 16.35 |
| Upside Intraday Target | 16.65 |
| Upside Intraday Target | 16.15 |
Weekly technical analysis of Prajay Engs (PrajayEngs)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 16.05 | 16.45 | 16.45 | 15.95 | 0.029 times |
| 13 Fri May 2022 | 15.90 | 17.00 | 17.85 | 15.80 | 2.821 times |
| 06 Fri May 2022 | 17.00 | 18.00 | 19.30 | 17.00 | 0.525 times |
| 29 Fri Apr 2022 | 18.50 | 19.60 | 20.45 | 18.30 | 0.749 times |
| 22 Fri Apr 2022 | 20.50 | 22.20 | 22.20 | 19.25 | 0.53 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 Prajay Engs (PrajayEngs)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 16.05 | 18.00 | 19.30 | 15.80 | 0.266 times |
| 29 Fri Apr 2022 | 18.50 | 16.70 | 22.45 | 16.50 | 0.752 times |
| 31 Thu Mar 2022 | 16.35 | 16.70 | 19.75 | 15.00 | 1.952 times |
| 28 Mon Feb 2022 | 16.20 | 20.30 | 20.55 | 15.30 | 0.39 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 Prajay Engs (PrajayEngs)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 6, 17, 50 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 3 | Sell |
| CCI | -83 | Buy |
| RSI | 47 | Sell |
| OBV | -95222 | Sell |
| VWAP | 17 | Sell |
| ADL | 0 | Sell |
| ROC | -13 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Prajay Engs ( (PrajayEngs) ) 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 Prajay Engs ( (PrajayEngs) ) 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 Prajay Engs ( (PrajayEngs) ) 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 Prajay Engs ( (PrajayEngs) ) 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 Prajay Engs stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Prajay Engs in short term and the sell signal is strong.
Prajay Engs Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Prajay Engs in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 Prajay Engs is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 16.89 and Prajay Engs (PrajayEngs) 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 Prajay Engs (PrajayEngs) stock. Volume based technical analysis of Prajay Engs (PrajayEngs) stock is negative.
Prajay Engs 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.
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