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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)

10 day averaged volume of Patel Engg is 477123

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri May 2025	41.45	39.57	41.75	39.57	0.919 times
08 Thu May 2025	41.93	43.08	43.89	41.60	0.273 times
07 Wed May 2025	43.37	41.84	43.63	41.59	1.449 times
06 Tue May 2025	42.51	44.56	44.78	42.09	1.392 times
05 Mon May 2025	43.01	42.93	43.30	42.30	0.613 times
02 Fri May 2025	42.59	42.91	43.74	42.00	1.038 times
30 Wed Apr 2025	42.66	44.52	44.52	42.45	0.762 times
29 Tue Apr 2025	44.58	45.69	45.69	44.06	0.988 times
28 Mon Apr 2025	44.86	45.95	46.07	44.36	1.172 times
25 Fri Apr 2025	45.36	47.35	48.22	44.30	1.957 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 40.8 as stoploss in an intra day buy trade for a target of 42.45. However, stock will show a bearish move below 40.8.

Share price targets for Patel Engg (PatelEngg)

Target Type	Value
Downside Target	38.40
Downside Target	40.51
Upside Target	43.15
Upside Target	44.38
Upside Target	44.66
Upside Target	44.78
Upside Target	46.07
Upside Target	48.22
Upside Target	48.89
Upside Target	53.69

Intraday share price targets for Patel Engg (PatelEngg)

Target Type	Value
Downside Intraday Target	39.09
Downside Intraday Target	36.72
Upside Intraday Target	44.3
Upside Intraday Target	47.14
Upside Intraday Target	41.93

Weekly technical analysis of Patel Engg (PatelEngg)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri May 2025	41.45	42.93	44.78	39.57	1.173 times
02 Fri May 2025	42.59	45.95	46.07	42.00	1.236 times
25 Fri Apr 2025	45.36	42.56	48.22	42.00	1.123 times
17 Thu Apr 2025	42.33	40.69	43.15	40.51	1.626 times
11 Fri Apr 2025	39.88	39.57	40.72	39.00	0.895 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 Fri May 2025	41.45	42.91	44.78	39.57	0.448 times
30 Wed Apr 2025	42.66	39.03	48.22	39.00	0.556 times
28 Fri Mar 2025	39.08	43.73	44.38	38.40	1.303 times
28 Fri Feb 2025	43.45	48.00	48.89	41.30	1.034 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Patel Engg in short term and the sell signal is strong.

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 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 43.55 and Patel Engg (PatelEngg) 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 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.