(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 2024-03-21 View latest technical analysis
10 day averaged volume of Patel Engg is 1754143
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 56.54 | 56.38 | 58.19 | 55.69 | 0.388 times |
| 20 Wed Mar 2024 | 55.26 | 55.07 | 55.88 | 52.96 | 0.349 times |
| 19 Tue Mar 2024 | 54.81 | 56.50 | 56.50 | 54.35 | 0.615 times |
| 18 Mon Mar 2024 | 56.16 | 56.99 | 57.94 | 54.80 | 0.82 times |
| 15 Fri Mar 2024 | 55.68 | 56.13 | 57.50 | 54.14 | 0.967 times |
| 14 Thu Mar 2024 | 56.02 | 51.30 | 56.70 | 51.00 | 1.533 times |
| 13 Wed Mar 2024 | 52.31 | 57.42 | 59.40 | 51.62 | 2.046 times |
| 12 Tue Mar 2024 | 57.28 | 60.43 | 60.78 | 56.35 | 1.248 times |
| 11 Mon Mar 2024 | 60.10 | 63.93 | 64.50 | 59.80 | 0.946 times |
| 07 Thu Mar 2024 | 63.57 | 63.26 | 65.12 | 63.00 | 0.262 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 56.1 as stoploss in an intra day buy trade for a target of 62.66. However, stock will show a bearish move below 56.1.
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 46.10 |
| Downside Target | 48.61 |
| Downside Target | 51.00 |
| Downside Target | 52.96 |
| Downside Target | 55.06 |
| Upside Target | 58.19 |
| Upside Target | 61.65 |
| Upside Target | 64.10 |
| Upside Target | 67.94 |
| Upside Target | 69.74 |
| Upside Target | 71.50 |
| 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 | 53.6 |
| Downside Intraday Target | 50.67 |
| Upside Intraday Target | 58.83 |
| Upside Intraday Target | 61.13 |
| Downside Intraday Target | 55.9 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 56.54 | 56.99 | 58.19 | 52.96 | 0.322 times |
| 15 Fri Mar 2024 | 55.68 | 63.93 | 64.50 | 51.00 | 2.741 times |
| 07 Thu Mar 2024 | 63.57 | 70.63 | 71.50 | 61.65 | 0.712 times |
| 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 |
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 |
| 21 Thu Mar 2024 | 56.54 | 68.99 | 71.50 | 51.00 | 0.693 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 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 Patel Engg (PatelEngg)
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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Patel Engg in short term and the sell 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 LOWS in short term which reflects strong selling momentum. 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 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
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 55.89 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 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.
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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Patel Engg in short term and the sell 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 LOWS in short term which reflects strong selling momentum. 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 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
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 55.89 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 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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