(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 2024-07-16 View latest technical analysis
10 day averaged volume of Patel Engg is 2142821
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 61.02 | 60.68 | 62.30 | 59.74 | 0.444 times |
| 15 Mon Jul 2024 | 59.17 | 61.35 | 61.90 | 58.92 | 1.398 times |
| 12 Fri Jul 2024 | 61.22 | 62.29 | 62.43 | 61.05 | 0.578 times |
| 11 Thu Jul 2024 | 61.92 | 62.07 | 62.54 | 61.57 | 0.237 times |
| 10 Wed Jul 2024 | 61.48 | 63.90 | 64.00 | 60.82 | 1.04 times |
| 09 Tue Jul 2024 | 63.43 | 63.63 | 64.50 | 62.75 | 1.272 times |
| 08 Mon Jul 2024 | 62.13 | 60.99 | 64.29 | 60.67 | 3.486 times |
| 05 Fri Jul 2024 | 69.03 | 69.11 | 70.00 | 68.31 | 0.276 times |
| 04 Thu Jul 2024 | 68.98 | 66.80 | 69.49 | 66.79 | 1.066 times |
| 03 Wed Jul 2024 | 66.58 | 66.76 | 66.99 | 65.73 | 0.161 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62.2, but if it comes above 62.2, then a intra day buy could be more profitable.
If you take a sell trade below 62.2, then use 62.2 as stoploss and 58 as target. However if you take a buy trade in stock , then use 62.2 as stoploss and 65.8 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 | 58.92 |
| Downside Target | 60.67 |
| Upside Target | 62.30 |
| Upside Target | 64.50 |
| 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 | 59.19 |
| Downside Intraday Target | 57.37 |
| Upside Intraday Target | 62.57 |
| Upside Intraday Target | 64.13 |
| Downside Intraday Target | 60.75 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 61.02 | 61.35 | 62.30 | 58.92 | 0.278 times |
| 12 Fri Jul 2024 | 61.22 | 60.99 | 64.50 | 60.67 | 2.888 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 |
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 |
| 16 Tue Jul 2024 | 61.02 | 66.24 | 70.00 | 58.92 | 0.829 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Patel Engg in short term and the sell signal is strong.
Patel Engg Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below 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 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 62.7 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Patel Engg in short term and the sell signal is strong.
Patel Engg Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below 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 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 62.7 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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