(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)
Showing technical analysis as on 2024-03-02 View latest technical analysis
10 day averaged volume of Patel Engg is 1011959
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Sat Mar 2024 | 68.08 | 68.74 | 68.74 | 67.20 | 0.112 times |
| 01 Fri Mar 2024 | 68.24 | 68.99 | 69.49 | 67.57 | 0.873 times |
| 29 Thu Feb 2024 | 68.05 | 66.05 | 68.90 | 65.20 | 0.52 times |
| 28 Wed Feb 2024 | 66.03 | 72.00 | 72.00 | 65.38 | 0.999 times |
| 27 Tue Feb 2024 | 70.88 | 74.15 | 74.99 | 70.65 | 0.634 times |
| 26 Mon Feb 2024 | 73.83 | 70.83 | 74.50 | 70.50 | 2.849 times |
| 23 Fri Feb 2024 | 70.78 | 71.12 | 73.30 | 70.25 | 0.734 times |
| 22 Thu Feb 2024 | 70.64 | 71.06 | 72.50 | 68.85 | 0.605 times |
| 21 Wed Feb 2024 | 70.81 | 71.89 | 73.43 | 69.55 | 1.664 times |
| 20 Tue Feb 2024 | 71.55 | 68.55 | 73.31 | 67.94 | 0.769 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 67.9 as stoploss in an intra day buy trade for a target of 70.43. However, stock will show a bearish move below 67.9.
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 46.10 |
| Downside Target | 48.61 |
| Downside Target | 55.06 |
| Downside Target | 58.20 |
| Downside Target | 60.26 |
| Downside Target | 64.10 |
| Upside Target | 69.49 |
| Upside Target | 72.50 |
| Upside Target | 72.98 |
| Upside Target | 73.43 |
| Upside Target | 74.99 |
| Upside Target | 79.00 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 63.86 |
| Downside Intraday Target | 59.63 |
| Upside Intraday Target | 73.65 |
| Upside Intraday Target | 79.21 |
| Upside Intraday Target | 69.42 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Sat Mar 2024 | 68.08 | 70.83 | 74.99 | 65.20 | 1.451 times |
| 23 Fri Feb 2024 | 70.78 | 69.15 | 73.43 | 67.94 | 0.649 times |
| 16 Fri Feb 2024 | 69.34 | 71.65 | 72.98 | 64.10 | 0.59 times |
| 09 Fri Feb 2024 | 71.48 | 69.79 | 79.00 | 66.45 | 1.563 times |
| 02 Fri Feb 2024 | 69.07 | 60.26 | 72.50 | 60.26 | 2.137 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 |
| 02 Sat Mar 2024 | 68.08 | 68.99 | 69.49 | 67.20 | 0.033 times |
| 29 Thu Feb 2024 | 68.05 | 70.18 | 79.00 | 64.10 | 1.416 times |
| 31 Wed Jan 2024 | 68.97 | 62.14 | 70.74 | 58.20 | 0.61 times |
| 29 Fri Dec 2023 | 60.14 | 48.61 | 69.74 | 48.61 | 2.358 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Patel Engg in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 and the buying is gaining 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 70.84 and Patel Engg (PatelEngg) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Patel Engg in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 and the buying is gaining 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 70.84 and Patel Engg (PatelEngg) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.
Click here for Patel Engg charts
Click here for further forecast and predictions for tomorrow