(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 2024-08-09 View latest technical analysis
10 day averaged volume of Patel Engg is 1324771
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 53.82 | 55.62 | 56.01 | 53.77 | 0.492 times |
| 08 Thu Aug 2024 | 54.54 | 55.83 | 56.09 | 54.23 | 1.079 times |
| 07 Wed Aug 2024 | 55.62 | 54.94 | 55.75 | 53.90 | 0.726 times |
| 06 Tue Aug 2024 | 53.55 | 55.17 | 57.25 | 53.05 | 1.187 times |
| 05 Mon Aug 2024 | 53.51 | 54.06 | 55.79 | 52.76 | 2.656 times |
| 02 Fri Aug 2024 | 56.93 | 57.22 | 58.45 | 56.79 | 1.321 times |
| 01 Thu Aug 2024 | 58.02 | 59.65 | 60.00 | 57.70 | 0.959 times |
| 31 Wed Jul 2024 | 59.65 | 60.63 | 60.77 | 59.50 | 0.189 times |
| 30 Tue Jul 2024 | 60.35 | 60.49 | 61.18 | 60.18 | 0.56 times |
| 29 Mon Jul 2024 | 60.25 | 60.99 | 61.76 | 60.15 | 0.878 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.7, but if it comes above 55.7, then a intra day buy could be more profitable.
If you take a sell trade below 55.7, then use 55.7 as stoploss and 52.6 as target. However if you take a buy trade in stock , then use 55.7 as stoploss and 58.3 as target.
Share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Target | 50.23 |
| Downside Target | 52.76 |
| Upside Target | 55.85 |
| Upside Target | 58.50 |
| Upside Target | 60.00 |
| Upside Target | 61.98 |
| Upside Target | 62.30 |
| Upside Target | 64.50 |
| Upside Target | 65.95 |
| Upside Target | 66.19 |
| Upside Target | 70.00 |
| Upside Target | 74.38 |
Intraday share price targets for Patel Engg (PatelEngg)
| Target Type | Value |
| Downside Intraday Target | 51.97 |
| Downside Intraday Target | 50.12 |
| Upside Intraday Target | 56.46 |
| Upside Intraday Target | 59.1 |
| Upside Intraday Target | 54.61 |
Weekly technical analysis of Patel Engg (PatelEngg)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 53.82 | 54.06 | 57.25 | 52.76 | 1.572 times |
| 02 Fri Aug 2024 | 56.93 | 60.99 | 61.76 | 56.79 | 1.226 times |
| 26 Fri Jul 2024 | 60.45 | 58.86 | 61.98 | 55.85 | 0.644 times |
| 19 Fri Jul 2024 | 58.88 | 61.35 | 62.30 | 58.50 | 0.463 times |
| 12 Fri Jul 2024 | 61.22 | 60.99 | 64.50 | 60.67 | 2.888 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 |
| 09 Fri Aug 2024 | 53.82 | 59.65 | 60.00 | 52.76 | 0.348 times |
| 31 Wed Jul 2024 | 59.65 | 66.24 | 70.00 | 55.85 | 1.153 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Patel Engg stock for short term is SELL. Signal strength is Strong and stock is gaining 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 red color and prices are below the red 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 55.76 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Patel Engg stock for short term is SELL. Signal strength is Strong and stock is gaining 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 red color and prices are below the red 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 55.76 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.
Click here for Patel Engg charts
Click here for further forecast and predictions for tomorrow