Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-06-19 View latest technical analysis

10 day averaged volume of Patel Engg is 617874

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Jun 2025	39.83	40.84	41.10	39.61	0.797 times
18 Wed Jun 2025	40.71	41.00	41.46	40.51	0.329 times
17 Tue Jun 2025	41.10	42.17	42.46	41.01	0.71 times
16 Mon Jun 2025	42.17	41.98	42.44	41.05	0.906 times
13 Fri Jun 2025	42.34	42.39	42.75	41.68	1.211 times
12 Thu Jun 2025	43.14	45.14	45.57	42.95	0.524 times
11 Wed Jun 2025	45.12	44.58	46.40	43.84	1.472 times
10 Tue Jun 2025	43.95	43.43	44.95	43.38	0.646 times
09 Mon Jun 2025	43.38	42.83	43.95	42.83	1.148 times
06 Fri Jun 2025	42.71	43.49	43.50	42.55	1.054 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.7, but if it comes above 40.7, then a intra day buy could be more profitable.
If you take a sell trade below 40.7, then use 40.7 as stoploss and 39.2 as target. However if you take a buy trade in stock , then use 40.7 as stoploss and 41.97 as target.

Share price targets for Patel Engg (PatelEngg)

Target Type	Value
Downside Target	38.40
Upside Target	41.30
Upside Target	43.18
Upside Target	44.00
Upside Target	44.38
Upside Target	44.49
Upside Target	46.20
Upside Target	46.40
Upside Target	48.22
Upside Target	48.89

Intraday share price targets for Patel Engg (PatelEngg)

Target Type	Value
Downside Intraday Target	38.81
Downside Intraday Target	37.78
Upside Intraday Target	41.66
Upside Intraday Target	43.48
Upside Intraday Target	40.63

Weekly technical analysis of Patel Engg (PatelEngg)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Jun 2025	39.83	41.98	42.46	39.61	0.548 times
13 Fri Jun 2025	42.34	42.83	46.40	41.68	0.721 times
06 Fri Jun 2025	42.71	40.38	44.49	40.33	1.255 times
30 Fri May 2025	40.26	41.89	43.18	39.80	1.257 times
23 Fri May 2025	41.86	43.31	44.00	41.42	0.705 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
19 Thu Jun 2025	39.83	40.38	46.40	39.61	0.714 times
30 Fri May 2025	40.26	42.91	46.20	39.57	2.096 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

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 gaining 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 getting stronger in this stock.

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 BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Patel Engg is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.75 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 negative.

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