(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 2024-04-12 View latest technical analysis
10 day averaged volume of Patel Engg is 952417
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 60.74 | 60.00 | 62.25 | 59.87 | 1.359 times |
| 10 Wed Apr 2024 | 59.56 | 60.04 | 60.95 | 58.91 | 0.499 times |
| 09 Tue Apr 2024 | 59.88 | 61.17 | 61.37 | 59.40 | 0.706 times |
| 08 Mon Apr 2024 | 61.03 | 62.83 | 62.86 | 60.80 | 0.735 times |
| 05 Fri Apr 2024 | 62.10 | 63.29 | 63.40 | 61.50 | 2.058 times |
| 04 Thu Apr 2024 | 63.27 | 63.89 | 65.10 | 62.30 | 0.593 times |
| 03 Wed Apr 2024 | 63.06 | 62.46 | 63.55 | 62.00 | 0.808 times |
| 02 Tue Apr 2024 | 62.46 | 60.25 | 62.95 | 59.91 | 0.62 times |
| 01 Mon Apr 2024 | 60.26 | 57.39 | 60.99 | 57.39 | 1.85 times |
| 28 Thu Mar 2024 | 56.95 | 58.14 | 59.00 | 56.55 | 0.438 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 61.4 as stoploss in an intra day sell trade for a target of 58.32. However, stock will show a bullish move above 61.4.
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 | 58.81 |
| Downside Intraday Target | 56.89 |
| Upside Intraday Target | 62.76 |
| Upside Intraday Target | 64.79 |
| Upside Intraday Target | 60.84 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 60.74 | 62.83 | 62.86 | 58.91 | 0.556 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 |
| 12 Fri Apr 2024 | 60.74 | 57.39 | 65.10 | 57.39 | 0.368 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 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 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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. 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 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 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 61.12 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 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 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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. 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 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 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 61.12 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.
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