(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 2024-01-09 View latest technical analysis
10 day averaged volume of Patel Engg is 827830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Jan 2024 | 64.28 | 64.97 | 66.32 | 63.40 | 1.289 times |
| 08 Mon Jan 2024 | 64.06 | 64.50 | 67.50 | 63.50 | 1.382 times |
| 05 Fri Jan 2024 | 64.28 | 64.62 | 65.37 | 63.10 | 0.485 times |
| 04 Thu Jan 2024 | 64.08 | 63.22 | 65.65 | 63.00 | 0.672 times |
| 03 Wed Jan 2024 | 62.69 | 63.00 | 63.97 | 62.45 | 0.605 times |
| 02 Tue Jan 2024 | 63.44 | 65.41 | 65.41 | 62.25 | 1.845 times |
| 01 Mon Jan 2024 | 64.91 | 62.14 | 67.20 | 61.84 | 1.74 times |
| 29 Fri Dec 2023 | 60.14 | 59.93 | 61.59 | 59.70 | 1.226 times |
| 28 Thu Dec 2023 | 59.68 | 61.38 | 61.39 | 59.50 | 0.361 times |
| 27 Wed Dec 2023 | 60.78 | 61.34 | 62.40 | 60.06 | 0.814 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 64.5 as stoploss in an intra day sell trade for a target of 62.59. However, stock will show a bullish move above 64.5.
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 41.99 |
| Downside Target | 46.10 |
| Downside Target | 48.61 |
| Downside Target | 53.49 |
| Downside Target | 55.06 |
| Downside Target | 59.50 |
| Downside Target | 61.75 |
| Upside Target | 66.11 |
| Upside Target | 67.20 |
| Upside Target | 67.50 |
| Upside Target | 69.74 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 62.62 |
| Downside Intraday Target | 60.96 |
| Upside Intraday Target | 66.72 |
| Upside Intraday Target | 69.16 |
| Upside Intraday Target | 65.06 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Jan 2024 | 64.28 | 64.50 | 67.50 | 63.40 | 0.5 times |
| 05 Fri Jan 2024 | 64.28 | 62.14 | 67.20 | 61.84 | 1.634 times |
| 29 Fri Dec 2023 | 60.14 | 62.01 | 62.80 | 59.50 | 0.492 times |
| 22 Fri Dec 2023 | 61.95 | 62.56 | 66.11 | 55.55 | 0.545 times |
| 15 Fri Dec 2023 | 62.63 | 63.39 | 69.74 | 61.75 | 0.621 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 Jan 2024 | 64.28 | 62.14 | 67.50 | 61.84 | 0.189 times |
| 29 Fri Dec 2023 | 60.14 | 48.61 | 69.74 | 48.61 | 2.358 times |
| 30 Thu Nov 2023 | 48.50 | 48.98 | 55.06 | 46.10 | 1.232 times |
| 31 Tue Oct 2023 | 48.40 | 51.99 | 53.49 | 41.99 | 0.499 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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a mid to longer 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.
ADX buy sell signal for Patel Engg stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Patel Engg in short term but the sell 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Patel Engg in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 63.18 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 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 positive
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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a mid to longer 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.
ADX buy sell signal for Patel Engg stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Patel Engg in short term but the sell 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Patel Engg in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 63.18 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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