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(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 2024-04-09 View latest technical analysis

10 day averaged volume of Patel Engg is 927571

Date Daily Closing Price Open High Low Volume
09 Tue Apr 2024 59.88 61.17 61.37 59.40 0.724 times
08 Mon Apr 2024 61.03 62.83 62.86 60.80 0.754 times
05 Fri Apr 2024 62.10 63.29 63.40 61.50 2.113 times
04 Thu Apr 2024 63.27 63.89 65.10 62.30 0.609 times
03 Wed Apr 2024 63.06 62.46 63.55 62.00 0.83 times
02 Tue Apr 2024 62.46 60.25 62.95 59.91 0.637 times
01 Mon Apr 2024 60.26 57.39 60.99 57.39 1.899 times
28 Thu Mar 2024 56.95 58.14 59.00 56.55 0.45 times
27 Wed Mar 2024 57.30 57.37 58.60 55.98 1.739 times
26 Tue Mar 2024 56.25 56.82 57.86 56.00 0.466 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 61.2 as stoploss in an intra day sell trade for a target of 58.18. However, stock will show a bullish move above 61.2.

Share price targets for Patel Engg (PatelEngg)

Target Type Value
Downside Target 48.61
Downside Target 51.00
Downside Target 52.96
Downside Target 55.98
Downside Target 57.39
Upside Target 62.86
Upside Target 64.50
Upside Target 65.10
Upside Target 69.74
Upside Target 70.74
Upside Target 71.50
Upside Target 79.00

Intraday share price targets for Patel Engg (PatelEngg)

Target Type Value
Downside Intraday Target 58.57
Downside Intraday Target 57.25
Upside Intraday Target 62.03
Upside Intraday Target 64.17
Upside Intraday Target 60.71

Weekly technical analysis of Patel Engg (PatelEngg)

Date Weekly Closing Price Open High Low Volume
09 Tue Apr 2024 59.88 62.83 62.86 59.40 0.243 times
05 Fri Apr 2024 62.10 57.39 65.10 57.39 2.293 times
28 Thu Mar 2024 56.95 56.82 59.00 55.98 0.576 times
22 Fri Mar 2024 56.84 56.99 58.19 52.96 0.362 times
15 Fri Mar 2024 55.68 63.93 64.50 51.00 2.741 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 Tue Apr 2024 59.88 57.39 65.10 57.39 0.294 times
28 Thu Mar 2024 56.95 68.99 71.50 51.00 0.789 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Patel Engg ( (PatelEngg) ) based on a short 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Patel Engg stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Patel Engg in short term but the buy signal is initial and weak.

Patel Engg 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 60.38 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 is giving positive 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Patel Engg ( (PatelEngg) ) based on a short 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Patel Engg stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Patel Engg in short term but the buy signal is initial and weak.

Patel Engg 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 60.38 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 is giving positive 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.

Click here for Patel Engg charts

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Daily charts

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