(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 2024-02-01 View latest technical analysis
10 day averaged volume of Patel Engg is 923567
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 67.92 | 70.18 | 72.50 | 67.31 | 2.3 times |
| 31 Wed Jan 2024 | 68.97 | 63.12 | 70.74 | 62.50 | 1.838 times |
| 30 Tue Jan 2024 | 62.59 | 61.96 | 64.35 | 61.72 | 0.735 times |
| 29 Mon Jan 2024 | 60.82 | 60.26 | 61.43 | 60.26 | 1.026 times |
| 25 Thu Jan 2024 | 60.05 | 58.61 | 61.48 | 58.61 | 0.405 times |
| 24 Wed Jan 2024 | 60.33 | 59.67 | 60.91 | 58.20 | 0.739 times |
| 23 Tue Jan 2024 | 59.59 | 62.95 | 63.60 | 58.70 | 2.044 times |
| 22 Mon Jan 2024 | 62.68 | 62.26 | 63.00 | 61.47 | 0.35 times |
| 19 Fri Jan 2024 | 62.00 | 62.95 | 64.10 | 61.80 | 0.478 times |
| 18 Thu Jan 2024 | 62.35 | 62.27 | 63.20 | 59.45 | 0.986 times |
Stock of Patel Engg (PatelEngg) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 68.3, for a target of 65.6 or 63.29
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 |
| Downside Target | 61.84 |
| Downside Target | 67.20 |
| Downside Target | 67.50 |
| Upside Target | 69.74 |
| Upside Target | 70.74 |
| Upside Target | 72.50 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 61.29 |
| Downside Intraday Target | 54.65 |
| Upside Intraday Target | 73.53 |
| Upside Intraday Target | 79.13 |
| Downside Intraday Target | 66.89 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 67.92 | 60.26 | 72.50 | 60.26 | 1.667 times |
| 25 Thu Jan 2024 | 60.05 | 62.26 | 63.60 | 58.20 | 0.54 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Patel Engg (PatelEngg)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 67.92 | 70.18 | 72.50 | 67.31 | 0.099 times |
| 31 Wed Jan 2024 | 68.97 | 62.14 | 70.74 | 58.20 | 0.61 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 |
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 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 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 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 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. Bulls 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 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 63.77 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 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 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 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. Bulls 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 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 63.77 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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