(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 2024-01-16 View latest technical analysis
10 day averaged volume of Patel Engg is 820220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 63.41 | 65.99 | 67.00 | 61.80 | 3.03 times |
| 15 Mon Jan 2024 | 65.26 | 64.87 | 67.20 | 64.21 | 1.124 times |
| 12 Fri Jan 2024 | 63.98 | 64.09 | 65.50 | 63.62 | 1.612 times |
| 11 Thu Jan 2024 | 63.61 | 63.77 | 64.76 | 63.36 | 0.416 times |
| 10 Wed Jan 2024 | 63.17 | 64.06 | 64.30 | 62.52 | 0.512 times |
| 09 Tue Jan 2024 | 64.28 | 64.97 | 66.32 | 63.40 | 1.301 times |
| 08 Mon Jan 2024 | 64.06 | 64.50 | 67.50 | 63.50 | 1.394 times |
| 05 Fri Jan 2024 | 64.28 | 64.62 | 65.37 | 63.10 | 0.49 times |
| 04 Thu Jan 2024 | 64.08 | 63.22 | 65.65 | 63.00 | 0.678 times |
| 03 Wed Jan 2024 | 62.69 | 63.00 | 63.97 | 62.45 | 0.61 times |
Stock of Patel Engg (PatelEngg) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 64.6 or till 66.9. Use a stoploss of 62.62 and if this stock hits its stoploss, then it can fall down till 60.69
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 | 61.80 |
| 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 | 61.07 |
| Downside Intraday Target | 58.74 |
| Upside Intraday Target | 66.47 |
| Upside Intraday Target | 69.54 |
| Upside Intraday Target | 64.14 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 63.41 | 64.87 | 67.20 | 61.80 | 0.793 times |
| 12 Fri Jan 2024 | 63.98 | 64.50 | 67.50 | 62.52 | 0.97 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 |
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 |
| 16 Tue Jan 2024 | 63.41 | 62.14 | 67.50 | 61.80 | 0.346 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short 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 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 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 63.9 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.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a short 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 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 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 63.9 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.
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