(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 2024-06-19 View latest technical analysis
10 day averaged volume of Patel Engg is 1372174
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Wed Jun 2024 | 71.58 | 72.70 | 74.38 | 70.00 | 2.968 times |
| 18 Tue Jun 2024 | 71.68 | 70.00 | 72.20 | 69.37 | 1.325 times |
| 14 Fri Jun 2024 | 65.93 | 67.15 | 67.68 | 65.36 | 0.911 times |
| 13 Thu Jun 2024 | 65.93 | 67.15 | 67.68 | 65.36 | 0.911 times |
| 12 Wed Jun 2024 | 66.58 | 63.60 | 67.44 | 63.19 | 1.198 times |
| 11 Tue Jun 2024 | 63.10 | 61.20 | 64.80 | 60.35 | 0.983 times |
| 10 Mon Jun 2024 | 60.39 | 61.12 | 61.74 | 59.78 | 0.348 times |
| 07 Fri Jun 2024 | 59.97 | 59.36 | 60.80 | 58.25 | 1.12 times |
| 06 Thu Jun 2024 | 59.36 | 57.25 | 59.70 | 57.25 | 1.099 times |
| 05 Wed Jun 2024 | 57.05 | 55.89 | 57.33 | 52.44 | 0.374 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 71.8, for a target of 66.8 or 62.61
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 |
| Downside Target | 61.10 |
| Downside Target | 63.68 |
| Downside Target | 66.19 |
| Downside Target | 67.68 |
| Downside Target | 69.37 |
| Downside Target | 71.50 |
| Upside Target | 74.38 |
| Upside Target | 79.00 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 69.17 |
| Downside Intraday Target | 66.77 |
| Upside Intraday Target | 74.18 |
| Upside Intraday Target | 76.79 |
| Upside Intraday Target | 71.78 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Wed Jun 2024 | 71.58 | 70.00 | 74.38 | 69.37 | 0.987 times |
| 14 Fri Jun 2024 | 65.93 | 61.12 | 67.68 | 59.78 | 0.781 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 |
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 |
| 19 Wed Jun 2024 | 71.58 | 64.98 | 74.38 | 50.23 | 0.779 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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 66.22 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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 66.22 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 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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