(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 2024-05-31 View latest technical analysis
10 day averaged volume of Patel Engg is 1262430
Date | Daily Closing Price | Open | High | Low | Volume |
31 Fri May 2024 | 61.82 | 60.60 | 62.09 | 58.85 | 0.518 times |
30 Thu May 2024 | 59.77 | 61.29 | 61.29 | 59.57 | 0.504 times |
29 Wed May 2024 | 61.10 | 59.41 | 62.25 | 59.40 | 1.346 times |
28 Tue May 2024 | 59.46 | 61.34 | 61.34 | 58.86 | 1.199 times |
27 Mon May 2024 | 61.03 | 62.99 | 63.68 | 60.65 | 0.424 times |
24 Fri May 2024 | 62.54 | 63.94 | 64.68 | 62.15 | 1.318 times |
23 Thu May 2024 | 63.60 | 65.14 | 65.20 | 63.47 | 1.299 times |
22 Wed May 2024 | 64.65 | 63.19 | 65.40 | 61.10 | 1.557 times |
21 Tue May 2024 | 62.24 | 65.70 | 65.95 | 61.71 | 1.54 times |
18 Sat May 2024 | 58.59 | 57.94 | 58.90 | 57.60 | 0.089 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 61.8, but if it comes below 61.8, then a intra day sell could be more profitable.
If you take a sell trade below 61.8, then use 61.8 as stoploss and 58.87 as target. However if you take a buy trade in stock , then use 61.8 as stoploss and 65.4 as target.
Share price targets for Patel Engg (PatelEngg)
Target Type | Value |
Downside Target | 51.00 |
Downside Target | 53.55 |
Downside Target | 56.54 |
Downside Target | 58.20 |
Downside Target | 61.10 |
Upside Target | 63.68 |
Upside Target | 65.70 |
Upside Target | 65.95 |
Upside Target | 66.19 |
Upside Target | 70.74 |
Upside Target | 71.50 |
Upside Target | 79.00 |
Intraday share price targets for Patel Engg (PatelEngg)
Target Type | Value |
Downside Intraday Target | 59.22 |
Downside Intraday Target | 56.62 |
Upside Intraday Target | 64.05 |
Upside Intraday Target | 66.28 |
Downside Intraday Target | 61.45 |
Weekly technical analysis of Patel Engg (PatelEngg)
Date | Weekly Closing Price | Open | High | Low | Volume |
31 Fri May 2024 | 61.82 | 62.99 | 63.68 | 58.85 | 0.698 times |
24 Fri May 2024 | 62.54 | 65.70 | 65.95 | 61.10 | 2.638 times |
18 Sat May 2024 | 58.59 | 56.91 | 58.90 | 54.19 | 0.522 times |
10 Fri May 2024 | 55.96 | 59.12 | 59.75 | 53.55 | 0.555 times |
03 Fri May 2024 | 59.25 | 65.29 | 65.70 | 56.54 | 1.52 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 |
31 Fri May 2024 | 61.82 | 58.20 | 65.95 | 53.55 | 1.139 times |
30 Tue Apr 2024 | 57.66 | 57.39 | 66.19 | 56.54 | 0.921 times |
28 Thu Mar 2024 | 56.95 | 68.99 | 71.50 | 51.00 | 0.789 times |
29 Thu Feb 2024 | 68.05 | 70.18 | 79.00 | 64.10 | 1.416 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 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 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 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 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. 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 moving up
CCI has generated a buy signal for Patel Engg in short term but BUY signal is weak.
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
Although the stock is in the SELL zone, but selling 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 62.11 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 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 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 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 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. 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 moving up
CCI has generated a buy signal for Patel Engg in short term but BUY signal is weak.
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
Although the stock is in the SELL zone, but selling 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 62.11 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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