(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 2024-06-06 View latest technical analysis
10 day averaged volume of Patel Engg is 1293517
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 59.36 | 57.25 | 59.70 | 57.25 | 1.166 times |
| 05 Wed Jun 2024 | 57.05 | 55.89 | 57.33 | 52.44 | 0.397 times |
| 04 Tue Jun 2024 | 54.41 | 62.20 | 62.40 | 50.23 | 1.838 times |
| 03 Mon Jun 2024 | 62.18 | 64.98 | 64.98 | 62.00 | 1.315 times |
| 31 Fri May 2024 | 61.82 | 60.60 | 62.09 | 58.85 | 0.506 times |
| 30 Thu May 2024 | 59.77 | 61.29 | 61.29 | 59.57 | 0.492 times |
| 29 Wed May 2024 | 61.10 | 59.41 | 62.25 | 59.40 | 1.314 times |
| 28 Tue May 2024 | 59.46 | 61.34 | 61.34 | 58.86 | 1.17 times |
| 27 Mon May 2024 | 61.03 | 62.99 | 63.68 | 60.65 | 0.414 times |
| 24 Fri May 2024 | 62.54 | 63.94 | 64.68 | 62.15 | 1.287 times |
My analysis of stock is bullish for shortterm, and stock might move up till 62.2 or till 65.8. Use a stoploss of 59.26 and if this stock hits its stoploss, then it can fall down till 56.29
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 50.23 |
| Downside Target | 53.55 |
| Downside Target | 56.54 |
| Downside Target | 58.85 |
| Upside Target | 61.10 |
| Upside Target | 63.68 |
| Upside Target | 64.98 |
| Upside Target | 65.95 |
| Upside Target | 66.19 |
| Upside Target | 71.50 |
| Upside Target | 79.00 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 51.4 |
| Downside Intraday Target | 43.44 |
| Upside Intraday Target | 66.15 |
| Upside Intraday Target | 72.94 |
| Downside Intraday Target | 58.19 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 59.36 | 64.98 | 64.98 | 50.23 | 1.211 times |
| 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 |
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 |
| 06 Thu Jun 2024 | 59.36 | 64.98 | 64.98 | 50.23 | 0.244 times |
| 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 |
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Patel Engg stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Patel Engg in short term and the sell 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 red color and prices are in or above the red 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 SELL signal in short term but selling is losing 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 59.6 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Patel Engg stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Patel Engg in short term and the sell 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 red color and prices are in or above the red 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 SELL signal in short term but selling is losing 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 59.6 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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