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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 2025-05-12 View latest technical analysis

10 day averaged volume of Patel Engg is 504009

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon May 2025	44.62	43.08	44.95	43.08	0.632 times
09 Fri May 2025	41.45	39.57	41.75	39.57	0.87 times
08 Thu May 2025	41.93	43.08	43.89	41.60	0.258 times
07 Wed May 2025	43.37	41.84	43.63	41.59	1.372 times
06 Tue May 2025	42.51	44.56	44.78	42.09	1.318 times
05 Mon May 2025	43.01	42.93	43.30	42.30	0.581 times
02 Fri May 2025	42.59	42.91	43.74	42.00	0.983 times
30 Wed Apr 2025	42.66	44.52	44.52	42.45	0.721 times
29 Tue Apr 2025	44.58	45.69	45.69	44.06	0.936 times
28 Mon Apr 2025	44.86	45.95	46.07	44.36	1.109 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.3, but if it comes below 44.3, then a intra day sell could be more profitable.
If you take a sell trade below 44.3, then use 44.3 as stoploss and 42.67 as target. However if you take a buy trade in stock , then use 44.3 as stoploss and 46.3 as target.

Share price targets for Patel Engg (PatelEngg)

Target Type	Value
Downside Target	38.40
Downside Target	40.51
Downside Target	43.08
Downside Target	44.38
Upside Target	44.78
Upside Target	44.95
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	43.48
Downside Intraday Target	42.35
Upside Intraday Target	45.35
Upside Intraday Target	46.09
Downside Intraday Target	44.22

Weekly technical analysis of Patel Engg (PatelEngg)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon May 2025	44.62	43.08	44.95	43.08	0.144 times
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

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
12 Mon May 2025	44.62	42.91	44.95	39.57	0.5 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 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 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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 weakening, and bulls are picking up momentum!

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 and BUY 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 43.25 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.