(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 2024-07-08 View latest technical analysis
10 day averaged volume of Patel Engg is 1020635
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 62.13 | 60.99 | 64.29 | 60.67 | 7.319 times |
| 05 Fri Jul 2024 | 69.03 | 69.11 | 70.00 | 68.31 | 0.58 times |
| 04 Thu Jul 2024 | 68.98 | 66.80 | 69.49 | 66.79 | 2.237 times |
| 03 Wed Jul 2024 | 66.58 | 66.76 | 66.99 | 65.73 | 0.337 times |
| 02 Tue Jul 2024 | 66.44 | 66.67 | 67.27 | 65.53 | 1.023 times |
| 01 Mon Jul 2024 | 66.07 | 66.24 | 67.19 | 65.25 | 0.629 times |
| 28 Fri Jun 2024 | 65.75 | 66.13 | 67.05 | 65.25 | 0.838 times |
| 27 Thu Jun 2024 | 65.90 | 67.94 | 68.42 | 64.98 | 1.804 times |
| 26 Wed Jun 2024 | 67.35 | 68.33 | 69.42 | 67.18 | 1.022 times |
| 25 Tue Jun 2024 | 68.79 | 68.95 | 71.37 | 68.52 | 0.694 times |
Stock of Patel Engg (PatelEngg) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 64.2, but if it comes above 64.2, then a intra day buy could be more profitable.
If you take a sell trade below 64.2, then use 64.2 as stoploss and 60.7 as target. However if you take a buy trade in stock , then use 64.2 as stoploss and 67.07 as target.
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 50.23 |
| Downside Target | 53.55 |
| Downside Target | 56.54 |
| Downside Target | 59.78 |
| Upside Target | 64.29 |
| Upside Target | 67.68 |
| Upside Target | 68.70 |
| Upside Target | 70.00 |
| Upside Target | 71.40 |
| Upside Target | 71.50 |
| Upside Target | 74.38 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 60.44 |
| Downside Intraday Target | 58.74 |
| Upside Intraday Target | 64.06 |
| Upside Intraday Target | 65.98 |
| Upside Intraday Target | 62.36 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 62.13 | 60.99 | 64.29 | 60.67 | 1.522 times |
| 05 Fri Jul 2024 | 69.03 | 66.24 | 70.00 | 65.25 | 0.926 times |
| 28 Fri Jun 2024 | 65.75 | 71.01 | 71.40 | 64.98 | 0.599 times |
| 21 Fri Jun 2024 | 69.41 | 70.00 | 74.38 | 68.70 | 1.483 times |
| 14 Fri Jun 2024 | 65.93 | 61.12 | 67.68 | 59.78 | 0.781 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Patel Engg (PatelEngg)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 62.13 | 66.24 | 70.00 | 60.67 | 0.446 times |
| 28 Fri Jun 2024 | 65.75 | 64.98 | 74.38 | 50.23 | 1.109 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 |
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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 SELL signal in short term and selling is picking up 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 65.01 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Patel Engg ( (PatelEngg) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 SELL signal in short term and selling is picking up 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 65.01 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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