(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 2024-02-16 View latest technical analysis
10 day averaged volume of Patel Engg is 1783029
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Feb 2024 | 69.34 | 71.98 | 72.98 | 69.00 | 0.588 times |
| 15 Thu Feb 2024 | 71.21 | 72.38 | 72.75 | 70.40 | 0.564 times |
| 14 Wed Feb 2024 | 71.68 | 66.50 | 72.00 | 66.31 | 0.413 times |
| 13 Tue Feb 2024 | 68.09 | 68.01 | 70.33 | 64.10 | 0.734 times |
| 12 Mon Feb 2024 | 67.18 | 71.65 | 71.79 | 66.10 | 1.31 times |
| 09 Fri Feb 2024 | 71.48 | 72.86 | 72.86 | 66.45 | 0.583 times |
| 08 Thu Feb 2024 | 72.28 | 74.60 | 74.61 | 71.40 | 1.01 times |
| 07 Wed Feb 2024 | 74.09 | 77.38 | 77.45 | 72.78 | 0.83 times |
| 06 Tue Feb 2024 | 76.28 | 70.97 | 79.00 | 69.57 | 2.759 times |
| 05 Mon Feb 2024 | 70.24 | 69.79 | 73.70 | 68.40 | 0.937 times |
My analysis of stock is bullish for shortterm, and stock might move up till 72.3 or till 78.3. Use a stoploss of 67.29 and if this stock hits its stoploss, then it can fall down till 62.3
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 | 63.60 |
| Downside Target | 66.45 |
| Upside Target | 69.74 |
| Upside Target | 70.74 |
| Upside Target | 72.50 |
| Upside Target | 72.98 |
| Upside Target | 79.00 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 64.63 |
| Downside Intraday Target | 59.93 |
| Upside Intraday Target | 73.51 |
| Upside Intraday Target | 77.69 |
| Downside Intraday Target | 68.81 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Feb 2024 | 69.34 | 71.65 | 72.98 | 64.10 | 0.59 times |
| 09 Fri Feb 2024 | 71.48 | 69.79 | 79.00 | 66.45 | 1.563 times |
| 02 Fri Feb 2024 | 69.07 | 60.26 | 72.50 | 60.26 | 2.137 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 |
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 Fri Feb 2024 | 69.34 | 70.18 | 79.00 | 64.10 | 0.983 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak 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 weakening, and bulls are picking up momentum!
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
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 72.06 and Patel Engg (PatelEngg) stock is trading below this level. This means that stock is falling with high volumes. 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak 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 weakening, and bulls are picking up momentum!
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
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 72.06 and Patel Engg (PatelEngg) stock is trading below this level. This means that stock is falling with high volumes. 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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