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(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 2023-05-25 View latest technical analysis

10 day averaged volume of Prajay Engs is 6122

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu May 2023	12.14	12.17	12.50	12.01	1.847 times
24 Wed May 2023	12.18	12.27	12.44	11.98	0.166 times
23 Tue May 2023	11.88	11.85	12.27	11.85	0.398 times
22 Mon May 2023	11.98	12.90	12.90	11.57	0.338 times
19 Fri May 2023	11.89	11.85	11.97	11.80	0.322 times
18 Thu May 2023	12.21	12.05	12.22	11.64	2.243 times
17 Wed May 2023	11.79	12.10	12.13	11.67	1.366 times
16 Tue May 2023	12.17	12.25	12.91	12.05	2.099 times
15 Mon May 2023	12.26	12.60	12.80	12.25	1.636 times
12 Fri May 2023	12.78	12.94	13.19	12.76	1.431 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 12.1 as stoploss in an intra day buy trade for a target of 12.65. However, stock will show a bearish move below 12.1.

Share price targets for Prajay Engs (PrajayEngs)

Target Type	Value
Downside Target	9.80
Downside Target	10.49
Downside Target	11.00
Downside Target	11.57
Upside Target	12.20
Upside Target	12.49
Upside Target	12.76
Upside Target	13.41
Upside Target	13.99
Upside Target	14.21
Upside Target	14.40
Upside Target	14.55
Upside Target	17.00

Intraday share price targets for Prajay Engs (PrajayEngs)

Target Type	Value
Downside Intraday Target	11.51
Downside Intraday Target	10.87
Upside Intraday Target	12.84
Upside Intraday Target	13.53
Upside Intraday Target	12.2

Weekly technical analysis of Prajay Engs (PrajayEngs)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu May 2023	12.14	12.90	12.90	11.57	0.359 times
19 Fri May 2023	11.89	12.60	12.91	11.64	2.306 times
12 Fri May 2023	12.78	13.20	13.41	12.76	0.472 times
05 Fri May 2023	13.11	13.25	13.99	13.00	1.812 times
28 Fri Apr 2023	13.20	12.77	14.21	12.20	0.84 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
25 Thu May 2023	12.14	13.25	13.99	11.57	0.832 times
28 Fri Apr 2023	13.20	10.95	14.40	10.49	0.451 times
31 Fri Mar 2023	10.13	11.78	12.49	9.80	1.327 times
28 Tue Feb 2023	11.50	14.35	14.55	11.00	0.816 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)

Price action analysis of Prajay Engs ( (PrajayEngs) ) 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 Prajay Engs ( (PrajayEngs) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Prajay Engs stock for short term is BUY. Signal strength is Weak 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 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Prajay Engs 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 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 12.19 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.