(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 2024-01-24 View latest technical analysis
10 day averaged volume of Patel Engg is 1034577
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Jan 2024 | 60.33 | 59.67 | 60.91 | 58.20 | 0.66 times |
| 23 Tue Jan 2024 | 59.59 | 62.95 | 63.60 | 58.70 | 1.825 times |
| 22 Mon Jan 2024 | 62.68 | 62.26 | 63.00 | 61.47 | 0.312 times |
| 19 Fri Jan 2024 | 62.00 | 62.95 | 64.10 | 61.80 | 0.427 times |
| 18 Thu Jan 2024 | 62.35 | 62.27 | 63.20 | 59.45 | 0.881 times |
| 17 Wed Jan 2024 | 62.30 | 62.44 | 63.82 | 61.42 | 1.248 times |
| 16 Tue Jan 2024 | 63.41 | 65.99 | 67.00 | 61.80 | 2.402 times |
| 15 Mon Jan 2024 | 65.26 | 64.87 | 67.20 | 64.21 | 0.891 times |
| 12 Fri Jan 2024 | 63.98 | 64.09 | 65.50 | 63.62 | 1.278 times |
| 11 Thu Jan 2024 | 63.61 | 63.77 | 64.76 | 63.36 | 0.33 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 61.1, but if it comes above 61.1, then a intra day buy could be more profitable.
If you take a sell trade below 61.1, then use 61.1 as stoploss and 59.1 as target. However if you take a buy trade in stock , then use 61.1 as stoploss and 62.81 as target.
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 | 58.20 |
| Downside Target | 59.45 |
| Upside Target | 61.84 |
| Upside Target | 63.60 |
| 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 | 57.82 |
| Downside Intraday Target | 55.31 |
| Upside Intraday Target | 63.22 |
| Upside Intraday Target | 66.11 |
| Upside Intraday Target | 60.71 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Jan 2024 | 60.33 | 62.26 | 63.60 | 58.20 | 0.478 times |
| 19 Fri Jan 2024 | 62.00 | 64.87 | 67.20 | 59.45 | 1.409 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 |
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 |
| 24 Wed Jan 2024 | 60.33 | 62.14 | 67.50 | 58.20 | 0.504 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 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Patel Engg in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
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 and selling is picking up 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 62.46 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.
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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Patel Engg in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
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 and selling is picking up 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 62.46 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.
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