(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 2024-06-10 View latest technical analysis
10 day averaged volume of Patel Engg is 1267590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Mon Jun 2024 | 60.39 | 61.12 | 61.74 | 59.78 | 0.377 times |
| 07 Fri Jun 2024 | 59.97 | 59.36 | 60.80 | 58.25 | 1.212 times |
| 06 Thu Jun 2024 | 59.36 | 57.25 | 59.70 | 57.25 | 1.19 times |
| 05 Wed Jun 2024 | 57.05 | 55.89 | 57.33 | 52.44 | 0.405 times |
| 04 Tue Jun 2024 | 54.41 | 62.20 | 62.40 | 50.23 | 1.875 times |
| 03 Mon Jun 2024 | 62.18 | 64.98 | 64.98 | 62.00 | 1.342 times |
| 31 Fri May 2024 | 61.82 | 60.60 | 62.09 | 58.85 | 0.516 times |
| 30 Thu May 2024 | 59.77 | 61.29 | 61.29 | 59.57 | 0.502 times |
| 29 Wed May 2024 | 61.10 | 59.41 | 62.25 | 59.40 | 1.341 times |
| 28 Tue May 2024 | 59.46 | 61.34 | 61.34 | 58.86 | 1.194 times |
My analysis of stock is bullish for shortterm, and stock might move up till 62.4 or till 65.7. Use a stoploss of 59.71 and if this stock hits its stoploss, then it can fall down till 56.99
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 | 59.53 |
| Downside Intraday Target | 58.68 |
| Upside Intraday Target | 61.49 |
| Upside Intraday Target | 62.6 |
| Upside Intraday Target | 60.64 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Mon Jun 2024 | 60.39 | 61.12 | 61.74 | 59.78 | 0.063 times |
| 07 Fri Jun 2024 | 59.97 | 64.98 | 64.98 | 50.23 | 1.515 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 |
Price has moved up 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 |
| 10 Mon Jun 2024 | 60.39 | 64.98 | 64.98 | 50.23 | 0.324 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 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 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 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. Bulls are getting stronger in this stock.
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 and BUY 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
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 59.22 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 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 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 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 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. Bulls are getting stronger in this stock.
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 and BUY 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
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 59.22 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 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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